From our phones to our laptops, many of us couldn’t imagine life without personal technology. We carry it with us everywhere—use it to monitor our finances from afar, connect with old friends, and search for new opportunities.
Computer & Technology Loan
From laptops to printers, cell phones, and more! We'll help you stay current, financing all of the technology you need.
So what happens when one of those pieces of technology breaks?
The expense that comes with replacing all of that processing power doesn’t need to be a burden if you haven’t set aside funds for a new device.
UMassFive is proud to offer our Computer & Technology Loan
that helps finance up to $15,000 in new technology with a maximum term of 4 years.
Finance: cameras • computers • phones • tablets • printers and more!
Special discounted financing is available for students and employees of the Five Colleges.
Lower Your Rate Even More With Co-op Points
That's right. With 2,500 Co-op Points, you can reduce your Computer & Technology Loan rate by 0.25%.
Computer & Technology Loan Rates
| Product | Annual Percentage Rate (APR) | APR: 2,500 Co-op Points | Max Term | Limits |
|---|---|---|---|---|
| Computer Loan | 9.90% | 9.65% | 48 Months | $15,000.00 |
| The current prime rate is: 6.75%. Rates effective as of August 3, 2026. Rates subject to change at any time. |
Payment example: 9.90% for 48 months equals $25.31 per $1,000 borrowed.
Financial Knowledge:
Disclosures
Rates subject to change at any time. Rates effective as of August 3, 2026. APY is accurate as of the last dividend declaration date.,
- Minimum approval of $500 required.
- Granting this offer, after you respond to it, is conditioned upon your satisfying any applicable criteria bearing on your creditworthiness, including income, employment and any other information you may provide on your application.
- Co-op Points are not available to lower rate.
- Total amount of all unsecured loans and lines of credit may not exceed $50,000 per member.
- Payment example: 9.90% for 48 months equals $25.31 per $1,000 borrowed.
- Members may borrow up to the purchase price of any new computer system with a maximum amount of $15,000. The term of the loan is up to 4 years.