Consumer Loans: Types
Quick Approvals
We will always work quickly to make a loan decision. Depending on your situation, we can complete the process in less than 24 hours. Get the financing you need from Hope Credit Union.
Easy to Apply
At HOPE, we make it simple. All you need to begin your loan application is a photo ID, your last two paycheck stubs, and a utility bill for proof of residence. That's it. We take care of the rest.
| Collateral | Type | Maximum Amount | Maximum Term |
| Unsecured | N/A | $5,000 or 10% of Gross Income, (Whichever Is Less) | 48 Months |
| Share or Certificate Secured | N/A | Amount of Shares on Deposit | 60 Months |
| Automobile | New (first lien only) | 100% of Invoice Price | 72 Months |
| Automobile | Used (first lien only) | 100% of NADA Trade-In Value | 72 months for current year model and 1 year old. Term decreases for older models. |
| Motorcycle | New (first lien only) | 100% of Invoice Price | 60 months |
| Motorcycle | Used (first lien only) | 100% of Used Motorcycle Guide Value | 60 months for current year model. Term decreases for older models. |
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