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Personal Loans & Lines of Credit

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Whether you need a small personal loan or a large one, UMassFive offers low interest rates to meet your needs. Apply online or at a branch near you.

 

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Personal Loans:

A traditional loan for a set amount, with one disbursement and a fixed term.

  • Fixed monthly payment
  • Can be used for a wide variety of borrowing needs

Personal Lines of Credit:

Use as much or as little as you need, whenever you need it. This loan stays open, and you'll only repay what you use.

  • Payment is re-calculated each month as a percentage of the outstanding balance.
  • Overdraft Protection - Safeguard yourself from insufficient funds.

Lower Your Rate Even More With Co-op Points

That's right. With 2,500 Co-op Points, you can reduce your Personal Loan rate by 0.25%. Do you have 5,000 Points? You can reduce that rate by up to 0.50%!

Learn more about Co-op Points

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Personal Loan Rates

Product Annual Percentage Rate Max Term Limits
Personal 11.99% 48 Months $15,000.00
Personal Line of Credit 13.50% Revolving $25,000.00
Overdraft Line of Credit 13.50% Revolving $25,000.00
Computer 9.90% 48 Months $15,000.00
Home Improvement 5.75% 36 Months $15,000.00
Home Improvement 6.75% 60 Months $15,000.00
Home Improvement 10.50% 84 Months $15,000.00
Energy & Fuel Conservation 3.90% 24 Months $3,000.00

 

Ready to apply for your Personal Loan?

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