DCTFCU Personal Loans

Personal Loans
The only collateral you need for a personal loan is your signature. A personal loan can be used for any purpose, be it furniture, appliances, medical or college expenses, investments, vacations, home improvements, taxes or holiday bills. Rates may vary according to terms and amounts.

To apply for a personal loan, print out the application, complete it and return it to the credit union in person, by fax or by mail with your two most recent paystubs as proof of income.

QuickSilver Lines of Credit
QuickSilver is a personal line of credit that provides you with a reserve of funds to use anytime you need it. You can access the funds simply by writing a check.

Your QuickSilver line of credit will be there when you need it for:
     • Vacation Expenses
     • Special Purchases
     • Tuition Payments
     • Medical Bills
     • Emergencies

Credit limits for QuickSilver range from $500 to $7500. There's no annual fee or any transaction fee either.

Making It Easy for You
We'll convert your share draft checking account to a QuickSilver account to give you access to your line of credit. As with your regular share draft checking, each time you write a check you'll make a carbonless copy for your records. If you like, you can authorize a joint user, whose name will appear with yours on the checks.

QuickSilver comes with overdraft protection. However, you may also arrange to have an advance transferred to your checking account.

QuickSilver allows you to keep your payments low by spreading them out over 24 months. Automatic payments through payroll deduction are required.

To be eligible for QuickSilver, you must have had a share draft account in good standing for at least 6 months and must have a good credit rating.

See our current rate.

To apply for a QuickSilver Line of Credit, print out the application, complete it and return it to the credit union in person, by fax or by mail with your two most recent paystubs as proof of income. Be sure to check "QuickSilver" as Type of Loan.

Use our Debt Checkup Calculator to determine your debt ratio (the ratio of your debts to your income). This can help you determine if you might qualify for a loan.

Use our Loan Calculator to see how much your payments would be on a loan or how much you can borrow at a certain payment amount.

Use our Loan Comparison Calculator to compare interest rates and loan amounts. Increase the rates incrementally and see what your payments would be for different loan amounts.