Consumer Loan Products
When you have a need for a personal loan for a large expense, Quantum offers a variety of products and terms designed to meet your individual needs. These products include:
Credit Ready Reserve*
This line of credit can help cover shortfalls in your checking account. The term is 12 months with an interest rate of 18%.
Personal Line of Credit*
With a term of 1-5 years and interest rate of Prime + 1.00-2.00% (6% floor), this note offers the flexibility to use as needed when unexpected expenses arise as well as a flexible payment option based on your use.
Personal Loan Secured by Quantum Deposit*
Choose the terms for this product for either a Line of Credit or Term and use your Quantum Certificate of Deposit as collateral. The rate is the CD rate +2.50% and if you choose the term option, the term must match the term of your CD.
Unsecured Personal Loan*
This is a loan with predictable payments over a specified term, making it easy for planning and budgeting purposes. The rate is Prime +1.50% with a 6.00% floor.
*Credit standards and fees may apply. See us or send us a secure inquiry for full details.