Other Secured Loans

Shopping for new furniture, appliances or a computer? TFCU can help you with a fixed rate secured loan and a flexible repayment period. We can also consolidate your high interest loans into one low interest payment with a secured loan. This includes:

  • Household goods (indoor furniture and appliances)
  • Computers
  • Trailers, lawn mowers, farm equipment, horse trailers (without living quarters)
  • Hot-tub and Spas
  • Above-ground pools
  • Musical instruments
  • Installed generators
  • Special needs equipment
  • Electric vehicles (street legal low speed vehicles), etc.
  • Golf carts, non-titled scooters, and bicycles
  • HVAC Units
  • Saunas
  • Tractors (separate rates below)

Secured Rates (Effective 11/1/2022 – Until Further Notice)

Other Secured Loans on items above are available up to $35,000 for qualified members.

Rates disclosed below are annual percentage rates (APR)

Special needs equipment loans discounted by 1.00% off stated rates.

Fixed: Rates range between XX% APR to XX% APR with terms up to 120 months. Rates are based on member’s credit history and term requested.

Secured Rates for Tractors

Other Secured Loans on Tractors are available up to $50,000 for qualified members.

Fixed: Rates range between X% APR to XX% APR with terms up to 120 months. Rates are based on member’s credit history and term requested.

Example Transactions for Secured Loans & Rates:
Collateral  
Purchase Price
5,000.0062,500.00
Amount Financed5,000.0050,000.00
Term (Months)60120
Loan to Value100%80%
Down Payment0.0012,500.00
APRXX%XX%
Fixed or VariableFixedFixed
Monthly Payment99.57814.06
Total Repayment5,973.9397,685.84
Payment Per $1,000.0019.9216.29

Resources

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