Unsecured Personal Loans

A personal loan with Dirigo is the smarter way to borrow and save. From a planned event to an unexpected one, we’ll help you find your loan solution with low rates and flexible terms.

  • Work on vehicle repairs
  • Plan a mini vacation
  • Invest in a personal project
  • Consolidate debt

What is an unsecured loan?

An unsecured loan is supported by creditworthiness instead of relying on collateral for security. Other names for unsecured loan are signature loans and personal loans.

Why choose an unsecured loan?

  • Debt consolidation
  • Home improvements
  • Wedding
  • Vacation
  • Medical expense
  • Small emergency

Loan Terminology

Annual Percentage Rate

APR (annual percentage rate) includes interest rates and any credit union fees. APR should always be advertised.

Fixed vs. Variable Rate

• Fixed rate is a consistent rate throughout the length of the loan.
• Variable Rate is subject to change over the life of the loan.

Monthly Payments

APR, term length, and loan amount are calculated into your monthly payment. The monthly payment amount is what is considered when looking at a monthly budget.

Debt-to-Income Ratio

DTI (debt-to-income) measure income and debt – a low DTI is favorable and more likely to service a debt or loan.

Unsecured, Other Secured, & Credit Cards

Interest Rates Effective October 1, 2021

Unsecured**Max TermInterest RatesAnnual Percentage RatePayment per $1,000
$5,000+609.25%9.32%$20.91
$3,500+
489.00%9.09%$24.93
$500+368.50%8.61%$31.62
Other Secured
$5,000+846.40%6.49%$14.85
$5,000+726.15%6.26%$16.69
$5,000+
605.75%5.87%$19.27
$3,500+485.50%5.65%$23.33
$500+365.00%5.20%$30.06
Share Secured
603.25%$18.08
CD Secured
Term of CDCD Rate + 3.00%Variable
Energy/Emergency Loan (1 loan per member, $2,500 max)262.50%$39.56
Overdraft LOC
($5,000 Max; A+, A, B & C Credit Only)
Revolving15.00%$50.00
Dirigo Platinum Credit CardRevolving5.95% Introductory Rate then As low as 7.95%2% of balance or $25
Dirigo Platinum Rewards Credit Card (A+,A ,B, & C credit only)RevolvingAs low as 9.95%2% of balance or $25
Individual loan rates may vary based on creditworthiness, loan-to-value, and loan terms.

View Disclosures