Share Certificate Secured loan
A Share Certificate Secured loan allows you to borrow against your CD while it continues to earn interest. You can handle expenses or opportunities without interrupting your savings strategy or losing progress toward your goals.
Quick Facts
What sets our Share Certificate Secured loan apart
With our Share Certificate Secured loan, Credit Human can help you handle life’s expenses using your Credit Human Share Certificate account as collateral.
- Continue earning interest throughout the life of your loan
- Low, fixed rate based on your certificate rate
- Loan terms aligned with your certificate maturity
- Flexible repayment options, including single payment structures
Secured loans and your financial health
How borrowing against your savings can support your financial health
A Share Certificate Secured loan gives you flexibility without sacrificing long-term goals. By borrowing against your certificate instead of withdrawing it, you can continue earning interest while managing expenses. This approach helps protect your savings strategy and reduces the need for higher-cost borrowing.
Share Certificate Secured loan rates
Rates effective as of 09-20-2023
| Product | Term | Minimum loan | Rate (APR) |
|---|---|---|---|
| Share Certificate Single Paid Note | Max 12 months | $500 | APR 3% Over Share Dividend Rate |
| Share Certificate | Up to the Term of the Share Certificate | $500 | APR 3% Over Share Dividend Rate |
Disclosures
If you have at least $1,000 in a Credit Human Share Certificate account, you can lend money to yourself at an APR 3% Over Share Certificate Rate, not to exceed the maturity or renewal date of the certificate.