KAIPERM Share Secured Loans
A Shared Secured Loan uses funds from your savings account as collateral, which allows us to offer you a lower interest rate while you earn dividends on your savings account balance. Enjoy low monthly payments, extended terms up to 12 years and no fees or pre-payment penalties. Pay off existing high-rate debt, make purchases for household needs and more.
- Build or repair your credit history
- Low, fixed rate
- Easy application process
- Borrow against the funds in your credit union Savings Account(s)
- No prepayment penalties or hidden fees
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Today’s rates
Share Secured Loans
Rate Effective Date: September 1, 2023
| Type | APR* As Low As | Description |
|---|---|---|
| Secured by your Kaiperm Savings Account | 3.25% + Savings Dividend Rate | View current deposit rates |
| Secured by your Kaiperm Certificate | 3.00% + Certificate Rate | View current deposit rates |
* APR – Annual Percentage Rate is subject to change and may vary depending on evaluation of credit history, so your rate may differ.
This Variable APR (Annual Percentage Rate) will vary with the market based on the 91 Day Treasury Bill as published on the third Thursday of each month. Rates are effective on the 1st day of the month and can change monthly.
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A Safe Place for Your Money
Find comfort in knowing that deposits at Kaiperm Credit Union are automatically protected up to $1,000,000