Share Secured Loans

Build Credit by Getting the Loan you Need with your Savings.

A Share Secured Loan from POPA Federal Credit Union is a good idea if:

  • you have little or no credit or,
  • you’re a savvy saver.

A Shared Secured Loan lets you borrow money using your savings account balance as collateral.1 POPA FCU “freezes” the amount you’d like to borrow from yourself therefore, helping you build credit or, helping you maintain your “nest egg” by having you borrow against it at a lower rate compared to the typical Annual Percentage Rate (APR).

You can borrow up to 100% of the balance in your Share Savings Account.

  • No fees.
  • Flexible terms – up to 60 months.

We also offer a Share Secured VISA for your convenience.

Check out our great rates!

Apply Here!, visit your local POPA branch, or give us a call at 562.229.9181 or, 800.369.7672.

1 With a Share Secured loan the total amount of money available as a loan to you is based on the amount that you currently keep in your share account and POPA will hold those funds until the balance of the loan is paid in full.