Loans for Students
Loans are a reasonable alternative to credit cards. If you need money in a lump sum for a specific purpose, you can take out a loan that may have a lower interest rate than a credit card. Additionally, you don’t run the risk of loss as you would with a credit card, and you still help build your credit history. However, responsible payments must be made just as with credit cards. Various banks offer loans in varying amounts, and the interest payments will depend on your credit history.

As a financial institution committed to the needs of students, the Student Federal Credit Union offers loans products. From vacation loans to transitional loans, an SFCU loan can get you where you want to be. For more information, please visit our Loans & Credit section.