Personal Loans

Reach your goals faster with a personal loan.

Forest Area Federal Credit Union (FAFCU), offers a variety of personal loans. See which loan is right for you and apply now today!

If you’re looking for the best line of credit for your particular needs, you’ve come to the right place. Forest Area Federal Credit Union is a lender that can help you with the application and approval process for loans that provide you with immediate relief. Whether you’re seeking an unsecured loan or a payday alternative loan, our team will take the time to determine which loan makes the most sense for you. We always work with our customers’ best interests in mind, so you don’t have to worry about fraudulent contracts or undisclosed interest rates.

Flexible Payments​

Online Loan Pay


Credit Life & Credit Disability Insurance Options

Also known as personal or signature loans, an unsecured loan allows members to borrow up to $20,000 without collateral. An unsecured loan with a fixed rate and term allows members to remain disciplined and pay the loan off within the set period—unlike a credit card. Additionally, the interest rate on an unsecured loan is lower than most credit card rates.

Please note, you must be 18 years or older to apply for a loan.

Perfect for members to establish or re-establish credit, share or share certificate secured loans allow members to secure their own funds to establish a loan. The loan reports to the credit bureau to get the history they need to make the next step in their financial future.

Please note, you must be 18 years or older to apply for a loan.

An overdraft line of credit is a loan attached to your checking account that has a predetermined limit. If you run out of money, the line of credit covers expenses so that you do not bounce checks, miss payments, or have your debit card denied. Any money you use creates a loan, so you will pay interest on the amount you borrow. Overdraft lines of credit can make life’s mistakes less of a hassle. 

Please note, you must be 18 years or older to apply for a loan.

A payday alternative loan is a 6-month loan offered to our members in an effort to reduce the use of expensive pay day lending institutions and give them an alternative to check cashing facilities. This loan is geared toward those members who are already using payday lenders to get back on track with their financial future. Members can borrow from $200 to $1,000 with a maximum of 50% of their monthly income. Monthly payments are required.

Please note, you must be 18 years or older to apply for a loan.

Revolving lines of credit are a credit facility with a predetermined spending limit allowing members to spend up to that limit on an as needed basis. Unlike a standard loan that ends when the balance is paid off, revolving credit is available to use again as it is repaid so long as payments are made and do not exceed the credit limit.

Please note, you must be 18 years or older to apply for a loan.

Not a Member? We proudly serve members in Grand Traverse, Kalkaska, Antrim, Crawford, Missaukee, and Wexford counties who meet our member requirements. See why more and more people are choosing FAFCU as their financial institution. Apply to be a member today!

*Rate disclosed is annual percentage rate (APR).  Forest Area Federal Credit Union membership required. Offer subject to end without notice. Offer expires 8/31/19.