Personal Loan - Line of Credit

Along with our unsecured personal loan, we also offer an unsecured personal loan that’s a line of credit. That means, as you pay it off, the funds are once again available for you to use.

Remember, a personal loan that’s unsecured means the loan is supported only by your creditworthiness, rather than by any type of collateral.

An unsecured loan means you don’t need property as collateral for the loan but because this is higher risk type of loan, you usually need a higher credit rating to be approved for certain unsecured loans.

Also, because of the higher risk, interest rates are usually higher on personal loans.

Use Our Loan Calculator

A good place to start with personal loans is to use our Loan Calculator and play around with different scenarios. Use our current rates in your calculations for a more accurate result.

Personal Line of Credit Features

If you choose to open an unsecured line of credit with us, we have some great features:

  • Low annual fee of $20.00
  • No application fee
  • Borrow $500 - $25,000
  • Monthly repayment is 3% of outstanding balance or $30, whichever is greater
  • Variable Rate 

Frequently Asked Questions

A: Yes, we offer unsecured personal loans, unsecured lines of credit and Visa credit cards. We also offer Home Equity Loans, which can be used for a number of reasons including consolidating debt.
A: A Home Equity Line of Credit (HELOC) is a revolving account allowing a borrower to make draws as needed up to a pre-set limit. HELOC's can be a very helpful tool for home remodeling projects, paying for college, debt consolidation etc. See our page about Home Equity Lines of Credit for more information.
A: We currently do not offer the option to make your loan payment online with a debit card. You may mail us a check, send us a payment from your other financial institution through their bill pay service (if available), contact us to set up automatic ACH payments or come into a branch and pay with cash, check, or debit card. If you come in to pay with a debit card, it will be processed as a cash advance. You can make a payment over the phone with a check or debit card, however there is a fee for that service.
A: Yes, you may make your loan payment online from your Central Willamette account(s) by logging into Online Banking and clicking on Funds Transfer.

Get Started Today

You can either apply online or come in and talk to one our loan specialists who can help talk you through your options so you get the loan you need.

Choose one of these options to get started:

Apply OnlineVisit a BranchContact Us