Personal Loans

Personal Loans

Directions offers a variety of personal loan products to help our members reach their goals.

Signature Loans
Many times, you may obtain money for vacations, bills or other expenses without providing collateral. Your signature alone is your promise to repay.

Share Secured Loan
You agree to leave the same amount of money in your Primary Share Savings Account as the amount you’re borrowing for the term of the loan.

Certificate Secured Loan
A certificate secured loan can be a valuable resource if you seek quick access to funds but would like to avoid tapping into your savings.

PayStretcher Loan
A PayStretcher Loan can be a good solution for short term cash needs of up to $250. PayStretcher loans are available for persons who have been members of Directions Credit Union for 120 days or more and have remained in good standing.

Lifestyle Loans
Lifestyle Loans finance a medical procedure or elective surgery that is not covered by insurance. Lifestyle loans are available for various needs, including:

• Cosmetic dentistry
• Orthodontic care
• Lasik vision correction
• Cosmetic and reconstructive surgery
• Weight loss procedures (e.g. bariatric surgery, lap-band, etc.)
• Fertility care or adoption expenses
• Medical equipment
• Travel and lodging expenses for out of town medical care
• Veterinary care for your four-legged family members

Lines Of Credit

Lines of credit provide convenient and easily accessible cash, whether you need the money now or in the near future.

VIP Revolving Line of Credit
The VIP Revolving Line of Credit is a loan that is available to qualifying members who want the convenience of having 24/7 access to their funds. This line of credit is perfect to finance a wedding, new furniture, carpeting, or other major expenses. Minimum qualifying line of credit amount is $5,000. Minimum loan draws of $500 with a low interest rate.

Overdraft Line of Credit
A line of credit attached to your Directions checking account, which provides overdraft protection in the form of incremental deposits to cover checks drawn on the member’s account.

Ability Loans

The Ability Loan program offers many benefits over traditional financing, including rate discounts and extended terms.

Directions Credit Union has partnered with Ability Center of Greater Toledo to offer affordable financing for the purchase of items that maximize the independence of persons with disabilities equipment including:

• Mobility equipment (e.g. scooters, wheelchairs)
• Vehicle modifications
• Life-equipped vans
• Vehicles with hand controls
• Ramps for homes and other home remodeling
• Personal computers

For more information about The Ability Center of Greater Toledo visit their website at www.abilitycenter.org.

For more information, please contact Nathan Andrews at 419-720-4723.

 Credit Rebuilder

Get Back On Track With A Directions Loan

Have you experienced some financial difficulties in the past few years and as a result have seen your credit damaged? Regardless of the circumstances, Directions believes everyone deserves a second chance, and our Back on Track loan program may be the answer for you. Not only will our Back on Track loan help you with your immediate needs, it will also help you rebuild your credit.