Michigan Schools & Government Credit Union
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Home > Loans & Insurance> Personal Loans> Share Secured Loan

Share Secured Loan

A Share Secured Loan earns you money, even as you spend it. How does that happen?

Your Share Savings account acts as collateral. This type of loan is a great way to rebuild your credit history. Setting yourself on the path to financial success could include a Share Secured Loan. Your share account balance determines the available loan amount, and the rate is a certain percentage above the current deposit rate.

Ask a Member Service Representative to assist you with this option.

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