At The People’s Federal Credit Union (TPFCU), our signature loans, also known as unsecured personal loans, provide the freedom to address any financial need. Whether you’re looking to go on vacation, pay for a wedding, consolidate debt, or cover unexpected expenses, our signature loans offer a reliable solution. With low rates and no collateral required, you can get the money you need from a trusted financial partner in Amarillo, Texas.
What Is a Signature Loan?
A signature loan is a type of personal loan that can be used for nearly any purpose. It’s considered an unsecured loan, which means it doesn’t require collateral (like a vehicle or house).This makes a signature loan one of the most convenient personal loans in Texas.
Personalized Loan Options for Every Need
Whether you’re consolidating debt, improving your home, or planning a special occasion, we have loan options tailored for you. These unsecured loans are also ideal for covering emergency expenses, such as medical bills, home repairs, or car damage. By choosing a TPFCU signature loan, you benefit from competitive rates and flexible terms that help you manage your finances more effectively.
Our solutions are unique among unsecured personal loans in Texas in that they’re completely personalized. Rather than use a line of credit with higher rates, you can borrow a specific amount with terms that work for you, including affordable monthly payments, to cover major purchases.
Flexible Funding for Your Goals
The following are some of the types of personal loans we offer.
Back to School, Christmas and Vacation Loans
Get a signature loan when you need it most at the most competitive rates we have available!
Borrow as much as $3,000 for the year and get the things you need.
Regular Signature Loans
Borrow up to $15,000 for terms up to 3 years.
Line of Credit Loans
Line of credit loans are the ultimate in convenience. Take what you need when you need it; they’re perfect for home remodeling, renovations, or other projects.
Get up to $6,000 as an open-ended loan to use as you need it. The loan can be added to a checking account for your convenience.
Credit Builder Loans
Are you looking for personal loans for bad credit with no success?
We know things happen and maybe your credit score is lower than you’d like. Or maybe you’re just starting out and don’t have much of a credit history—we can help with a credit builder loan!
- Specify a loan amount to borrow; it can be $500, $1,000, $1,500 or more.
- That amount is placed in your savings account with a hold on it as your loan.
- The interest rate is based on the lowest rate for our unsecured loans, so you get a great rate even with less than perfect credit.
As you make your monthly payments on time, we report them to the credit bureau to build your positive history. Once the loan is paid off, we release the hold on the amount in your savings account, and it’s yours to do with as you wish. So with one loan you can build your credit and increase your savings. It’s a win-win!
Don’t pay payday lenders’ high rates—get a signature loan from The People’s Federal Credit Union today.
The Benefits of Choosing TPFCU
When you choose a TPFCU signature loan, you gain access to a range of benefits, such as:
- Competitively low rates to ensure you’re getting the best deal
- Flexible loan terms and repayment plans to suit your budget
- Quick approval, allowing you to withdraw funds as soon as possible
- Simple application with no collateral required
- Personalized loan options for your specific financial situation
Eligibility and Application Process
To qualify for a signature loan at TPFCU in Amarillo, Texas, you must:
- Be a TPFCU member
- Provide proof of income to demonstrate your financial standing
- Submit to a review of your credit history
How to Apply for Our Signature Loans in Texas
Apply online or visit one of our Amarillo, TX branches to apply in person. You can then choose the loan type and loan amount that best fits your needs.
Ready to Take Control of Your Finances?
Are you ready to consolidate bills, gain financial freedom, and take control of your finances? Apply for a TPFCU signature loan today! Visit one of our branch locations in Amarillo, TX, or complete our online application to get started. Our friendly loan officers are ready to assist you in unlocking the financial flexibility you deserve.
*APR = Annual Percentage Rate. Rate includes all applicable discounts. Loans subject to credit qualifications and approval. Federally insured by NCUA.
FAQ
You can use your personal loan to cover big expenses. We know unexpected expenses are a part of life, so you can use your loan to cover high-priced repairs, including home and auto repairs.
It can cover education costs, travel or vacation expenses, wedding expenses, or even moving costs or medical bills. The loan can provide emergency funds or extra cash as well, without having to use a credit card.
Signature loans are unsecured, meaning they don’t require collateral like a house or car, unlike traditional secured loans.
The loan amount varies depending on the type of unsecured personal loan, but with a TPFCU signature loan, you can borrow up to $15,000.
Personal loans offer flexibility, competitive rates, and the ability to use the funds for various purposes like debt consolidation, home improvements, or unexpected expenses.
Yes, a credit check is required during the application process, which may affect your credit score. However, timely payments can help improve your credit score over time.
You’ll need to provide identification, proof of income, and details about your financial situation, including your credit history and the loan amount you wish to borrow.
Personal loans are available only to TPFCU members, without the high interest rates other lenders charge.
Visit our application page and select the type of loan you want to apply for and a type of credit to use. Then provide the requested information, including the loan amount, how long you want to take to repay, and the purpose of your personal loan. Follow each prompt to receive quick approval.
A credit check is required to approve your loan, which can affect your credit score. If you have credit cards, improving your credit ratio and paying your loan on time can improve your credit score.
The amount you can request depends on the type of loan. For our regular signature loans, you can borrow up to $15,000. You can also borrow as little as a few hundred dollars if you need some quick emergency funds.
Our personal loans can be used for anything, from emergencies to student loans. Whenever unexpected expenses arise, you can allot the funds as needed, meaning emergency funds will be available.
Once you submit your application, we’ll inform you of our decision as quickly as possible.
To make a minimum monthly payment on your personal loan, register and log in to our online payments system and submit a payment amount by the monthly due date. You can also arrange for the loan payment to be drafted automatically each month, and finally, you can come into the credit union and make a payment at a teller station.
TPFCU offers a Skip A Pay program. It is available by completing an application form and emailing it to our loan department, which will determine if you qualify. There are restrictions and a $25 fee is applied to each loan you skip.
A leading provider of personal loans in Texas, we can provide the funds you need to cover unexpected expenses, education expenses, and home improvements. We offer low fixed rates and fast approval. Apply now to get started.
For assistance and to learn about our savings/checking account and auto and home loan options, call us at 806-359-8571 today.
