Personal Loans Tips, Info & FAQs
Consumer loan granted for personal use
Need to cover a big expense, but don’t have collateral? An unsecured Personal Loan is a great option. It requires no collateral and comes with a low, fixed rate. You can even defer your first payment up to 60 days from the date you finalize the loan.
What should you use your personal loan for?
A personal loan is a very convenient way to deal with expenses. However, you want to be careful what you use it for. Here are our recommendations:
DO use a personal loan for…
1. Debt consolidation
If you have high-interest credit cards eating away at your income, transferring the debt to a personal loan is a good idea. You’ll enjoy lower rates and payments than you would with the credit card companies.
It might seem odd to get a personal loan for a wedding when wedding-specific loans already exist. However, a personal loan gives you more flexibility with your choices.
You shouldn’t take out a personal loan for every little trip, but for milestone events, such as an anniversary excursion, a personal loan is the perfect solution.
DON’T use a personal loan for…
1. Everyday expenses
If you consistently need extra cash for everyday expenses, it’s time to reconsider your financial situation. You may need a new budget… or a new job. A personal loan will not be enough to solve the problem.
2. College tuition
You should use an education-specific loan instead of a personal loan. These have some of the lowest rates on the market and often provide tax advantages as well.
What is a personal loan?
Also called a signature loan, a personal loan is an unsecured loan that does not require collateral.
What can I use the proceeds of the loan for?
You may use the cash for just about anything to fulfill your financial needs.
What terms do you offer?
Depending on the amount you qualify for, United Texas offers terms on personal loans up to 48 months.
Are there any prepayment penalties?
No. You have the flexibility to prepay without penalty.
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Personal Loans Rates & Calculator
|APR* as low as||Term (months)|
|up to 48 months|
*APR means Annual Percentage Rate. Rates are effective as of July 1, 2017. The specific rate and term will be dependent upon your credit rating, collateral value, amount financed and other factors. Rates and terms are subject to change without prior notice; other restrictions may apply.
**Auto rates are eligible for protection product discounts. Discounts vary by protection product. Lowest discounted rate with the purchase of protection products is 1.95% APR (up to 72 months).
***Independent appraisal (at member's expense) required on Home Equity Loans over $100,000.
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Personal Loans Why United Texas
- No collateral required
- Low, fixed rates
- Terms up to 48 months
- No payments for the first 60 days
- Fast application turnaround
My experience with United Texas was amazing! Ricardo was very helpful and knowledgeable. he made the process of taking out a loan easy and best of all, painless! Thank you so much for making this experience a pleasant one!Leann B., member since 2007
Cassandra M. helped me get a loan to help with unexpected expenses. She made the process seamless and answered all of the questions I had.
Terae - thanks so much for being a member of UNITED SA. We sincerely appreciate your kind words about the service you recently received from Cassandra at our Boerne Branch. If you need anything else, please reach out to us. We're here for you and sincerely appreciate your choice to do business with us. Enjoy your day! -Karla
Cassandra was very easy to work with and did everything she could to make my loan fit into my budget. She was very helpful and answered all of my questions and concerns.
Jeri - Thank you for the positive feedback about your experience with Cassandra at our Boerne Branch. If you need anything else, please reach out to us. We're here for you and sincerely appreciate your choice to do business with UNITED SA. Have a great day! -Karla
Cassandra was amazing from start to finish in getting my loan done, plus nobody could beat the United SA FCU rate!! I appreciate that she got me all set up to draft my payment each month too so it is just a very seamless, easy process for me!
Ms Kicey - Thanks so much for your kind words about the service you received from Cassandra at our Boerne Branch. We appreciate the opportunity to serve you and should you need anything, please let us know. We're here for you!
I worked with Kris Boiles then Casandra at the closing of the loan. Kris was able to get a lower rate and went above and beyond what was anticipated or expected. I went to the local office to sign the papers which was very convenient for me. It was a good experience all in all.
Hi Ginger Snap - thanks for letting us know about your recent experience with Kris and Cassandra at our Boerne Branch. We sincerely appreciate your choice to do business with UNITED SA. Happy holidays to you and your family and thanks for being a member! - Karla
GREAT BANK. OFFER GREAT RATES FOR FINANCING
Mr. Prince, thank you for the positive feedback on your membership experience with UNITED SA. We appreciate you!
My experience with United SA was amazing! Ricardo was very helpful and knowledgeable. He made the process of taking out a loan easy and best of all painless! Thank you so much United SA and Ricardo for making this experience a pleasant one!
Thanks so much for letting us know that you had a great experience with Ricardo regarding your UNITED SA loan. We sincerely appreciate your membership! Please let us know if you need anything - we're happy to help! - Karla
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Personal Loans How it Works
Getting a personal loan with us is fast and easy:
Become a member of United Texas by opening a savings account with a minimum $5 deposit.
Contact us in person, online or by phone.
Complete a quick loan application.
Sign your loan documents in person or electronically.