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Line of Credit - Instant Credit

Instant Credit will give you peace of mind knowing that you have instant access to your credit whenever and wherever you want it.

Out shopping and spot the perfect sofa for your living room, or gas grill for your backyard? You can buy it using Instant Credit! This product gives you the freedom and convenience to access your credit when you are ready, with no delays or loan papers to sign each time.

In addition, Instant Credit can protect your checking account against overdraft fees. In the event of insufficient funds, your Instant Credit line will be activated and funds will be transferred to your checking account to cover any checks you write. With Instant Credit, you can save money with a variable interest rate tied to the prime rate. The better your credit history, the lower your interest rate!

Benefits

  • 24 Hour availability
  • Competitive Rate
  • Maximum credit line $15,000
  • Option to use as overdraft protection
  • Check Access
  • Automatic Payment Option

*Proof of Income (if applicable)

Current Rates
Line of Credit Loans
TypeTermAPR* as low as
VariableNone11.00%
   

Initial rate may change. Contact MSGCU for most current rate. Variable rate loan may change quarterly based on the Wall Street Journal Prime Rate. Maximum APR is 18%.

  


 
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Signature Loans

Need money for home improvements, vacation, debt consolidation or even a new computer? If our line of credit program is not what you're looking for, we also offer Signature Loans. Save time and money today!

Benefits

  • Competitive rates
  • Terms up to 60 months
  • Automatic Payment Option

Items that may be required for a Signature Loan closing

  • Creditors Statements (if debt consolidation)
  • Proof of Income (if applicable)
Current Rates
Signature Loans
TypeTermAPR* as low as
FixedUp to 60 months11.95%
  

Example: A loan amount of $5,000 at 11.95% for 60 months would have a monthly payment of $111.10.

 
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*APR=Annual Percentage Rate. 

© 2010 Michigan Schools and Government Credit Union • All rights reserved
40400 Garfield Road • Clinton Township, MI 48038 • 586.263.8800

Routing number: 272480173

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Your savings federally
insured by NCUA to at least
$250,000 and backed by the
full faith and credit of the
United States Government.
We do business in accordance with the
Federal Fair Housing Law and Equal
Credit Opportunity Act.