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A personal loan is an option when you don't have collateral to borrow against. Unsecured personal loans or lines of credit can be used to consolidate credit card debt, as a quick source of funds, and more. View the product descriptions below or click here for current rates.
AnchorLine™ Unsecured Line of Credit - This unsecured line of credit of $5,000 to $10,000 gives you access to additional funds, conveniently and confidentially. A single application gives you an ongoing source of cash. You can write a check for $100 or more, and you've got a loan! Affordable monthly payments are 3% of your outstanding monthly balance or $100, whichever is greater. You don't need to be a homeowner to apply for this loan.
AnchorBank Unsecured Personal Loan - This loan has a $1,000 minimum and a five-year maximum term and is not secured by collateral. For loans under $2,000, rates are slightly higher. See our rates table for more information.
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