Personal Loans

Personal Loans

A little extra help when you need it

From unexpected expenses and home improvements to education costs and debt consolidation, an SBCFCU Personal Loan gives you flexible financing with a predictable, non-variable rate.

Borrow up to $20,000 with no collateral required.

Women with skates and a bicycle beach cruiser in Santa Barbara

Personal Loans

A little extra help when you need it

From unexpected expenses and home improvements to education costs and debt consolidation, an SBCFCU Personal Loan gives you flexible financing with a predictable, non-variable rate.

Borrow up to $20,000 with no collateral required.

Women with skates and a bicycle beach cruiser in Santa Barbara

Flexible borrowing

Borrow an amount that fits your needs and budget, up to $20,000, subject to approval.

Predictable payments

Your non-variable rate won’t change during the life of your loan.

No collateral required

Personal loans are unsecured, so your home, vehicle or other assets aren’t used as collateral.

Simplify your debt

If you’re carrying balances with multiple lenders, a personal loan may help you combine eligible debts into one loan and one monthly payment.

One payment to manage

Instead of keeping track of multiple accounts and due dates, you can use an SBCFCU Personal Loan to consolidate eligible debt from multiple lenders.

Whether consolidation saves you money depends on the rates, balances and terms of your existing debts compared with your new loan.

What you’ll need to apply

Having your information ready can help make the application process quicker and easier.

  • Amount you’d like to borrow
  • Preferred loan term
  • Employment and income information
  • Phone number and email address
  • Co-applicant information, if applicable
  • Information about existing credit accounts or lenders
  • Recent pay stubs, if required

Applicants with a credit score below 700 are required to provide recent pay stubs.

Why Choose SBCFCU

Local decisions

Your application is reviewed by people who understand our members and the local community.

Member-first pricing

As a member-owned credit union, SBCFCU offers lending options designed around our members.

Support at every step

From application through payoff, our team is here to answer questions and help you understand your loan.

Personal loan rates & terms

SBCFCU Personal Loans have non-variable rates, giving you predictable monthly payments throughout the life of your loan.

Your specific rate and available terms are determined through the individual loan approval process.

Loan Rates – Effective Thursday, October 8, 2026
Loan TypeRates as low asTerms & Information
SIGNATURE LOAN » 9% 36 M UP TO $20,000-GREAT FOR DEBT CONSOLIDATION

Have questions about what you may qualify for? Contact our team at 805-682-3357.

Common questions (FAQs)

Find answers to some of the most common questions about SBCFCU Personal Loans.

Yes. SBCFCU members are eligible to apply for a personal loan. Loan approval, amount, rate, and terms are based on your individual application and approval.

No. An SBCFCU Personal Loan is unsecured, meaning your home, vehicle, or another asset is not used as collateral.

Personal loans can be used for a variety of needs, including debt consolidation, major purchases, unexpected expenses, home improvements, education costs, travel, and more.

You can apply online through Home Banking or visit a branch to complete a paper application. Personal loan applications typically take one to two business days to process and, if approved, fund.

Your personal loan has a non-variable rate, so your rate will not change during the life of the loan. Your specific rate and terms are determined as part of the individual loan approval process.

Available repayment terms depend on your loan and individual approval. When you apply, you’ll provide the length of time you’d like to finance the loan.

Applications are evaluated individually based on your financial profile and relationship with SBCFCU. Depending on your credit profile, additional documentation may be required. Applicants with a credit score below 700 are required to provide recent pay stubs.

If you’re requesting more than $10,000, you’ll need to disclose the intended use of the funds to SBCFCU’s loan processors as part of the application process.

Yes. You can make additional payments or pay off your personal loan early without a prepayment fee.

You can make payments through It’sMe24/7 Online Banking or call the branch if you have funds in an SBCFCU checking or savings account associated with your loan. You can also set up automatic payments from another financial institution through SBCFCU’s loan payment portal or contact the team for assistance arranging automatic payments.