Give yourself financial breathing room

When the unexpected happens and you need some financial breathing room, Nusenda Credit Unions wide variety of personal loans and lines of credit can offer some relief.

What is a personal loan?

A personal loan is one way to consolidate debt or to pay for major expenses. It offers fixed interest rates and fixed monthly payments for the life of the loan. Depending on your needs and your financial situation, you can apply for a loan that helps with things like emergency home or car repairs, an unexpected large purchase, or to cover an unforeseen expense. Nusenda Credit Union offers competitive rates on personal loans in Albuquerque.

Features and Benefits

  • Funding in one lump sum.
  • Apply in minutes online or visit any branch location.
  • Low fixed rates and no fees.

Rates:

APR as low as 

Terms:

0 to 60 months depending upon the amount.

What is a Personal Line of Credit? 

A personal line of credit is a set amount of funds that you can withdraw as needed. With a personal line, you can use the credit as needed, and only pay interest on the funds you borrow. This may be used as a source of overdraft protection.

Features and Benefits

  • Pay interest only on the funds you borrow.
  • Apply in minutes online or visit any branch location.
  • Competitive rates and no fees.

Rates:

APR

Terms:

0 to 60 months depending upon the amount.

More personal loan and personal line-of-credit options:

Overdraft Protection Line of Credit

Have coverage for your account in the event you have insufficient funds to cover unexpected expenses or payments.

  • Protect your account from unexpected slip-ups
  • Fast application
  • Manage your funds with ease through the Nusenda Mobile and Internet Banking app
Learn more Apply Now
Savings Secured Loan

Borrow against your savings instead of spending it with a Savings Secured Personal Loan.

  • Lower interest rate compared to a traditional personal loan
  • Fast application
  • Manage your funds with ease through the Nusenda Mobile and Internet Banking app
Learn more Apply Now
Personal Assistance Loan

A Personal Assistance Loan is a small dollar loan designated to help members manage short-term, unexpected expenses.

  • Great for members who need less than $1,000 to cover unexpected expenses
  • Make monthly payments
  • Manage your funds with ease through the Nusenda Mobile and Internet Banking app
Learn more Apply now

How to apply:

With Nusenda Credit Union, applying for a loan is easy!

Step1

Members can complete an application online, stop by a convenient branch location, or call 505-889-7755 (800-347-2838 outside the Albuquerque area).

Not a Nusenda member? Become one today.

Step2

Once you submit your application, we’ll gather your credit information. Log into Mobile and Internet Banking services to track the approval process and communicate directly with our loan specialists.

Step3

If your line of credit is approved, you will be able to access it in Mobile and Internet Banking.

Debt consolidation with a personal loan

Loan consolidation can help you simplify the repayment process by transferring multiple debts into a single new loan. You may even qualify for lower rates or new terms, which could also reduce your monthly payments.

Watch the video to learn how Nusenda Credit Union can help you simplify debt.

Personal and Line-of-Credit Loan Rates