Personal Loans
Need a personal loan? The SPCCU offers loans for land, homes, vehicles, education, health and life's big occasions. SPCCU terms and conditions apply.
- Loans
- 12
- Rates from
- 5%
- Terms up to
- 25 years
Find the right loan
Choose what you are borrowing for.
Buy land, build, buy or repair your home, with repayment over up to 25 years.
Land Purchase
Your dream of owning your own piece of the rock can become a reality.
From6% p.a.Home Construction
Build your dream home! This loan is given to finance the construction of homes.
From5% p.a.Home Purchase
Buy your own house! This loan is given to finance the purchase of a home.
From5% p.a.Home Repairs
Borrow to remodel, repair and renovate your home or a rundown property.
From5% p.a.Compare all loans
Rates, terms and requirements side by side.
Finance a new or used vehicle, furnish your home, or plan your wedding.
Vehicle Loan
This loan allows you to borrow money to purchase a new or used vehicle.
Up to$150,000Furniture & Appliances
Need to furnish your home? Borrow to purchase furniture and appliances.
TermUp to 5 yearsWedding Loan
Make your wedding plans! Wedding loans help with all the expenses.
Term5 yearsCompare all loans
Rates, terms and requirements side by side.
Finance tertiary study, or get help with back-to-school costs every July and August.
Cover medical expenses, finance a trip, or bring your debts into one monthly payment.
Health & Medical Loan
This loan is used for paying off medical expenses.
Up to$200,000Travel & Vacation
Need a vacation? These loans help finance travel and vacation expenses.
Up to$20,000Debt Consolidation
Relieve the stress and get a fresh start by consolidating your outstanding debts.
Term5 yearsCompare all loans
Rates, terms and requirements side by side.
Compare all personal loans
Published rates, limits and repayment periods.
| Product | Interest rate | Maximum | Repayment | Details |
|---|---|---|---|---|
| Land PurchaseYour dream of owning your own piece of the rock can become a reality. | As low as 6% | — | Up to 10 years | Details of Land Purchase |
| Home ConstructionBuild your dream home! This loan is given to finance the construction of homes. | As low as 5% | $500,000 | Up to 25 years | Details of Home Construction |
| Home PurchaseBuy your own house! This loan is given to finance the purchase of a home. | As low as 5% | $500,000 | Up to 20 years | Details of Home Purchase |
| Home RepairsBorrow to remodel, repair and renovate your home or a rundown property. | As low as 5% | — | Up to 25 years | Details of Home Repairs |
| Product | Interest rate | Maximum | Repayment | Details |
|---|---|---|---|---|
| Vehicle LoanThis loan allows you to borrow money to purchase a new or used vehicle. | 10% | $150,000 new · $100,000 used | Up to 5 years | Details of Vehicle Loan |
| Travel & VacationNeed a vacation? These loans help finance travel and vacation expenses. | As low as 7% | $20,000 | 1 year | Details of Travel & Vacation |
| Health & Medical LoanThis loan is used for paying off medical expenses. | As low as 7% | $200,000 | Up to 5 years | Details of Health & Medical Loan |
| Student LoanComplete your tertiary education! For people who are aspiring to go to university. | As low as 6.5% | $150,000 | Up to 5 years | Details of Student Loan |
| Back to School SpecialFor parents or guardians who need financial aid with school expenses. | 5% | $5,000 | Up to 12 months | Details of Back to School Special |
| Debt ConsolidationRelieve the stress and get a fresh start by consolidating your outstanding debts. | 10% | — | 5 years | Details of Debt Consolidation |
| Furniture & AppliancesNeed to furnish your home? Borrow to purchase furniture and appliances. | 10% | — | Up to 5 years | Details of Furniture & Appliances |
| Wedding LoanMake your wedding plans! Wedding loans help with all the expenses. | 10% | — | 5 years | Details of Wedding Loan |
SPCCU terms and conditions apply. Select a loan for its full terms and required documents.
Estimate your repayments
Choose a loan to fill in its published rate and longest term, then adjust the amount.
- Total repaid
- —
- Total interest
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An estimate only, using a standard reducing-balance formula. It is not an offer of credit. Your rate, term and repayments are confirmed by a Loans Officer and subject to SPCCU terms and conditions.
How to apply
- Check the requirementsEach loan page lists its terms and the documents you need.
- Gather your documentsMost loans need a job letter and recent pay slip, two forms of photo identification and proof of address, plus documents for what you are financing.
- Speak with a Loans OfficerVisit us in Brades, call 1-664-491-3666, or email the Loans Department at sherwood.taylor@spccu.ms.
Use your savings
Your savings can help secure your loan
Primary Savings can be used as part security for loans, or full security for character loans. Members can use up to 50% of a Retirement Savings Account as security for loans for education, land, home improvement or construction, computer purchase and major medical expenses.