Personal Loans
The credit you deserve to cover your life’s events.
Available November 1, 2024 – January 31, 2025.
Enjoy a special personal loan rate for the holidays!
- Flexible terms with amounts up to $20,000
- Rates as low as 8.70% APR1
Freedom Line of Credit
A Freedom Line of Credit2 gives you just that: freedom. Namely, the freedom of having funds available when you need them — to spend on what you want. It just might be the most flexible loan you’ll ever have!
- Starting at $500
- Prepare for emergencies with immediate access to available funds for urgent pet care, unexpected home repairs, and everything in between
- Make larger purchases when you want without having to apply for a new loan every time: winter tires, spring break vacations, summer landscaping projects, or back-to-school expenses in the fall – a Freedom Line is handy no matter the season
- Avoid unexpected fees by setting up the Freedom Line to cover overdrafts on your accounts
- Access cash quickly by transferring funds from your Freedom Line into a Parda checking or savings account instantly on Mobile or Online Banking
Parda Premier Line of Credit
All the same features as our Freedom Line of Credit, but with an even lower interest rate.
- Revolving line of credit starting at $5,000
- Minimum credit score of 640 required
- Low minimum monthly payments
Personal Loan
A perfect choice when you need a specific amount of money. Also provides the peace of mind of fixed monthly payments. Like all of our personal loans, no collateral is required.
- Rates as low as 9.70% APR3
- Terms up to 60 months3
Member Express Loan
- Quick cash for the holidays
- Borrow $1,000.00
- Payments of just $95.00 per month
- For a 12 month term4
Membership required. For qualified borrowers. Approval, rate, and term based on individual credit and ability to repay. Rates and terms subject to change at any time.
1APR = Annual Percentage Rate. 8.70% APR is the lowest rate available for a Parda Signature Loan, which includes a promotional discount of 1%. Approval, rate, and amount based on individual credit history and ability to repay. Please contact a Loan Representative for more information. Valid through 01.31.2025. Payment example: 8.70% for 60 months is $20.62 per $1,000 borrowed.
2Freedom Line of Credit minimum credit line amount $500.
3 Personal Loan APR = Annual Percentage Rate. Rate includes a rate reduction of .25% for having Direct Deposit with Parda Credit Union Loan Payment Example: The estimated monthly payment would be $21.10 for every $1,000 borrowed at a rate of 9.70% for 60 months.
4Member Express available for all qualified borrowers. APR = Annual Percentage Rate. APR is 17.9%. Qualifications: Borrower must be a member of Parda Federal Credit Union for a minimum of 6 months. Member must have a minimum of $1,500 in direct deposit funds coming in consistently for the previous 3 months. Loans and share accounts must be in good standing at the time of application. Limit, one open Member Express Loan at a time. No more than two Member Express loans within a 12-month period.
