At D.C. Teachers Federal Credit Union, you can use
your accumulated savings or share certificates as collateral for
a loan. The interest rates for share- and certificate-secured loans
are the lowest ones we have available. And you continue to earn
dividends on your savings during the term of the loan. Best of all,
when your loan is paid off, your savings are still there.
The rate for a certificate-secured loan will be 2% above your certificate's rate. Call the credit
union for the current share-secured loan rates.
for a Share- or Certificate-Secured loan, print out the application,
complete it and return it to the credit union in person, by fax
or by mail with your two most recent paystubs as proof of income.
Be sure to check "Share- or Certificate- Secured" as Type
Use our Debt
Checkup Calculator to determine your debt ratio (the ratio of
your debts to your income). This can help you determine if you might
qualify for a loan.
Use our Loan
Calculator to see how much your payments would be on a loan
or how much you can borrow at a certain payment amount.
Use our Loan
Comparison Calculator to compare interest rates and loan amounts.
Increase the rates incrementally and see what your payments would
be for different loan amounts.
Account Terms, Disclosures