At Reading Federal Credit Union, meeting the financial needs of the members we serve is our most important objective. When you have a need for a loan, a full service credit union such as ours can
provide loans for any worthwhile purpose.
Payday Loans
Loans till payday are available for members with a maximum term of 30 days. Applicants may get from may get up
100 dollar loan to cover emergencies like medical costs, minor car repairs, or other unexpected expenses.
Installment Loans
Borrowers may get medium-term cash loans and repay them with fixed monthly payments. Available
installment loan amounts range from $1.000.00 to $5.000.00. The repayment schedules vary from two to 24 months.
Personal Loans
Loans for as little as $500.00 or as much as $15,000.00 are available for any worthwhile purpose. Convenient repayment terms are always set to meet your budget.
Auto Loans
Buying that new or used auto is quick and easy at your Credit Union. We have flexible repayment plans and will even pre-approve a loan amount, so you can shop like you have "cash in your pocket".
New auto loan financing is available up to 100% of the sales price of the vehicle, (excluding sales tax, registration and insurance). Used autos with less than 15,000 miles can qualify for lower rates and extended payment terms. Contact our consumer loan department for more information.
2nd Chance auto financing is also offered for those Members who already have higher-rate vehicle loans through other lenders. By refinancing your existing loans at our lower rates, we may be able to give you lower monthly payments without extending your loan’s original term.
Pledged Loans
Use your Regular Share account or Certificate of Deposit as collateral for our Pledged Loans. You pay only 2.00% above the corresponding share/certificate rate for the term of the loan (6.50% minimum).
Recreational Vehicle Loans
We can provide financing for boats, snowmobiles, motor homes, campers and motorcycles. With 24 hour turn around time, you can be on your way!
