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Guarantor Loan

rates & terms

Guarantor Loan Rates & Terms

A member who has difficulty getting approved on their own may consider having a qualified guarantor apply with them. The guarantor must qualify for the loan and agrees to be liable in the event the primary borrower defaults. To learn more or to apply for a Guarantor Loan, visit a branch or call us at 850.862.0111 (option 2). Our Guarantor loan has an annual percentage rate (APR) as low as 13.90% for a maximum loan amount of $3,000 and a loan term of 42 months. Rates given are current as of Wednesday, September 18, 2024 and are subject to change.

REPAYMENT PERIOD APR* as low as MAX LOAN AMOUNT
42 Months 13.90% $3000

*APR = Annual Percentage Rate.
The above rates are current as of Wednesday, September 18, 2024 and are subject to change.

Terms & Conditions - Guarantor Loans

  1. Requires Eglin FCU Membership.
  2. There is a range of rates for each loan type.
  3. The rate received will be determined by an evaluation of the applicant's credit.
  4. Minimum monthly payment on all loans is $35
  5. The guarantor must qualify for the loan and agrees to be liable in the event the primary borrower defaults.

Guarantor Loan Payment Calculator


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Sample Repayment: A $3000  Guarantor Loan over 42 months at an APR of 13.90%, the approximate payments would be $.

Disclaimer | Financial calculators are provided to give sample payments for given Annual Percentage Rate and Terms but are not guarantees of credit. There is no guarantee, explicit or implied, regarding the accuracy or applicability to your specific circumstances. All examples are hypothetical and are for illustrative purposes, and are not intended to provide investment advice. Please contact a Member Service Counselor for assistance with your specific loan request.

 To apply for a guarantor loan please visit a local branch during normal business hours.

Personal Signature Loan
This unsecured loan may be available for members who either do not want or do not qualify for a line of credit.
Line of Credit Signature Loan
A Line of Credit Signature loan is an open-end, revolving account with a credit limit established when the loan is opened.
SAFE Loan
Eglin FCU Salary Advance for Emergency (SAFE) Loans are an alternative to payday loans. To learn more or to apply for a SAFE Loan, visit a branch or call us at 850.862.0111 (option 2).
Guarantor Loan
A member who has difficulty getting approved on their own may consider having a qualified guarantor apply with them.
Savings Assistance Loan
Our Savings Assistance Loan (SAL) enables individuals to receive up to $2,000 with low monthly payments and a low interest rate.
Share Secured Loan
Share Secured Loans are a good way to build credit or make any necessary purchases without spending your savings.