SPECIAL OFFER!
Special Offer
Consolidate debt easily with low rates and no payments for 90 days*

Personal Loans

Have the cash you need, when you need it and start focusing on what's important to you. Enjoy greater financial flexibility with a Personal Loan.

Find the best Personal Loan option for you

A Personal Loan is a type of unsecured loan, meaning it does not require any collateral or security, and can be used for a variety of purposes, such as financing a vacation or home expense, consolidating high-interest debt, or covering an unforeseen expense.

Personal Loans

With a low fixed rate, flexible terms, and loan amounts up to $50,0001, a Personal Loan from Community First can help you get the cash you need with a monthly payment that fits your budget. Our Personal Loans are a great way to pay for a wedding or vacation, consolidate debt, or cover an unexpected bill.


Benefits include:

  • Fixed low payment
  • Terms up to 84 months
  • No origination or account fees
  • Loans for up to $50,0001
  • Transfer cash into your account
  • Competitive rates

Personal Line of Credit

Access the cash you need as you need it with a revolving Line of Credit from Community First. This Personal Line of Credit allows you to access credit whenever needed. You can draw funds from your Line of Credit easily using Online or Mobile Banking.


Benefits include:

  • Revolving Line of Credit (similar to a credit card)
  • Minimum $500
  • No origination or account fees
  • Take control of your cash flow and draw out cash as you need it
  • Online account access
  • Competitive rates

Benefits of a Community First Personal Loan

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Low interest rates
With low local rates, you can get the cash for what you need and achieve your dreams.
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Flexible terms
We offer generous financing up to $50,000 and flexible repayment periods between 0 and 84 months.
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Easy, fast approvals
We make all lending decisions locally, so we can approve your loan in minutes, online, or in a branch.
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No origination or account fees
Fewer fees mean you can access the money you need without worrying about additional costs.

Calculator | Debt Consolidation savings with a Personal Loan

FAQs

Am I eligible for membership at Community First Credit Union?

Community First Credit Union membership is open to anyone who lives, works, or attends school in one of the following Florida counties: Baker, Brevard, Broward, Clay, Duval, Flagler, Indian River, Lake, Martin, Nassau, Orange, Palm Beach, Putnam, Seminole, St. Johns, St. Lucie, or Volusia.

Membership is also open to any relative of an existing or eligible Community First Credit Union of Florida member. We also offer membership to select employer groups, including employees of Brooks Rehabilitation, Miller Electric Company, and Web.com. Not sure if you qualify? Contact us.

What do I need to apply for a Personal Loan or Line of Credit?
To apply for a Personal Loan or Line of Credit, you generally need to provide the following information:
  • Valid United States Driver's License, Permanent Resident Card, or United States Passport
  • Your income
  • Your address and proof of residence
  • The desired loan amount and terms
Other documentation may be needed depending on your specific financial situation, but the information above is a good starting point and can make it easier to apply for a loan.
What is a Personal Loan?
A Personal Loan is a type of unsecured loan, meaning it does not require any collateral or security, and can be used for a variety of purposes, such as financing a vacation or home expense, consolidating high-interest debt, or covering an unforeseen expense.
How do I apply for a Personal Loan or Line of Credit?
You can apply online or in a branch. It takes minutes to complete the application.
What are the benefits of a Personal Loan?
Personal loans offer several advantages, such as a predictable monthly payment plan and the ability to access funds quickly. Additionally, these loans typically have lower interest rates than credit cards and come with flexible repayment terms, making them an attractive option for individuals who need to borrow money.

At Community First Credit Union, our Personal Loans have no origination fees or account fees, so you’ll pay less to borrow money.
What can I use a Personal Loan for?
You can use a Personal Loan for many purposes, including:
  • Debt consolidation
     
  • Vacation
     
  • Unexpected expenses
     
  • Home improvements or repairs
     
  • Vehicle repairs
     
  • Special events
Can I use a Personal Loan to purchase a vehicle?
While you may be able to use a Personal Loan to purchase a vehicle in some cases, it doesn’t always make the most financial sense. Learn more about our auto loan options or contact us for help finding the best loan for your borrowing needs.
Can I draw more money from my Personal Loan?
A Personal Loan has a one-time draw, meaning the funds are distributed to the borrower once, so you cannot draw additional funds from an existing Personal Loan.

If you want the flexibility to draw funds as needed, consider applying for an account with a Revolving Line of Credit, like a Personal Line of Credit, Home Equity Line of Credit, or a Credit Card.
What is the interest on my Community First Personal Loan?
To find the interest rate on an existing Personal Loan, visit the Loan Details page in Online and Mobile Banking. You can also find this information in your original loan documents. Log into Online Banking or register to enroll.

View current Personal Loan rates.
How many more payments do I have on my Personal Loan?
To learn how many more payments you have on your Personal Loan, call our Member Experience Center’s Solutions Representatives at 904.354.8537. They can answer questions about your current loan and can discuss Community First’s other lending options.
How do I pay my Personal Loan?
Community First offers multiple ways to make payments, including online, by phone, or in person at a branch. See how you can make a payment.
Can I pay ahead on my Personal Loan?
Yes, you can pay up to 90 days in advance on your Personal Loan. Any additional payments that are made outside of the monthly payments will be applied to the principal and any outstanding interest owed. Interest will still accrue during the time between payments.
Will I receive a penalty/fee for paying off my Personal Loan early?
No, there are no prepayment penalties or fees on any of Community First’s consumer loans, including our Personal Loan options.
1 All loans and accounts are subject to approval. All rates are based on an evaluation of the member’s individual credit history. Terms are subject to conditions and verification and restrictions may apply. All credit union program, rates, terms and conditions are subject to change at any time without prior notice.
 
*Credit, income, and other restrictions apply. First payment may be deferred up to 90 days. Interest continues to accrue during deferred payment period. Deferring your payment will result in your having to pay higher total Finance Charges. Offer can end at any time without prior notice.


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