A personal loan can help you cover an unexpected cost, such as an unpaid bill, a home improvement project, or a medical expense. People Driven Credit Union offers more than a dozen options, and you can apply for any of them online in a few steps. As a credit union, we consider your full financial picture when we help you choose between a secured loan, an unsecured loan, a small-dollar loan, or another option. If you’d rather talk it through, our Southfield branch is a short drive from Detroit, Beverly Hills, and Oak Park.
How Personal Loans Work
If you’ve ever had a car loan or a mortgage, a personal loan will feel familiar. It’s an installment loan, which means you borrow a fixed amount and repay it in monthly payments over a set term.
What differentiates one personal loan from another is what backs it. A secured loan is tied to something of value, such as your home, which can suit a larger project. An unsecured loan isn’t tied to any property, so it’s more flexible, for needs such as consolidating debt or covering a bill you didn’t anticipate.
Explore Your Options Online
When you’re ready to apply, you can complete the entire process online. Our website and app let you manage payments and check on your loan whenever it suits you. Approval times vary by application.
If you’re not sure which option best fits your circumstances, our personal loan payment calculator lets you test different amounts and terms before you apply, whether you’re weighing a debt consolidation loan, a credit builder loan, or an unsecured Everything Loan.
Explore Personal Loan Options
Review personal loan options from People Driven Credit Union and find a borrowing option that may fit your needs.
Why Get Your Personal Loan from People Driven Credit Union?
- Apply entirely online
- Borrow up to $30,000
- Rates starting at 12.04%¹ APR*
- No penalty for paying your loan off early
- Eligible borrowers may earn a 0.25% APR* discount with the Loan Rate Discount when enrolled in AutoPay
- Eligible members with select loan options may be able to skip one loan payment per calendar year for a $35 fee through the Skip-a-Payment program
*APR = Annual Percentage Rate. Rates, terms, and conditions are subject to change. Loan approval, rate, term, and amount are subject to application, creditworthiness, underwriting, and membership eligibility. Other restrictions may apply.
Apply for a Personal Loan Near Detroit Today
For members living in and around Detroit, Beverly Hills, and Oak Park, our Southfield branch is an easy drive when you want to stop in. You can apply for your personal loan online from anywhere, and the branch is there to help you become a member.
Frequently Asked Questions About Personal Loans Near Detroit
Yes. People Driven Credit Union serves members throughout Southeast Michigan, including Detroit and nearby communities. Membership eligibility and loan approval requirements apply.
The nearest branch for Detroit residents is in Southfield, at 24333 Lahser Road, Southfield, MI 48033.
Credit requirements vary by loan type and applicant. People Driven Credit Union reviews your application based on creditworthiness, income, loan amount, term, and other underwriting factors.
You can apply online in minutes. Approval timing and funding depend on application details, required documentation, underwriting, and final loan closing.
