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Cash Secured Loans

With a Cash-Secured loan you don’t have to tap into your hard earned savings to buy the things you need. Use your  Savings, Deposits, Fixed Deposits or Member Retirement Account (MRA) to secure your loan.

Use a Cash-Secured loan for any purpose… provident   or  productive …the options are endless!

Benefits

  • Borrow up to the amount in your accounts
  •  Special low interest rate at 1% below the normal rate
  • You decide the repayment period
  • The loan is approved and disbursed the same day.
  • Loan protection coverage of up to $150,000 is provided at no cost to you
  • No supporting documentation and no credit reports required
  • No loan processing fees, no hidden charges
  • Monitor your loan with CUCall, our 24-hour telephone service, at no direct cost to you.  

And if you need a little more than what you have saved, you may qualify for a character loan.

Enjoy the convenience of a cash secured loan today!

 

All loans are subject to RCCU’s Loan Policies and approval procedures

To find out details on what can be used as security click here.