Types of Loans
Unsecured Personal Loans
Details
- Competitive Personal Loan rates for a wide range of needs
- Repayment terms customized to your situation (up to 5 years)
- Convenient forms of payment: payroll deduction, coupons, or automatic payment from a Benchmark Account
- Local decision-making and processing
- Attentive, friendly service from start to finish
Share Secured Personal Loans
Details
- Funds secured by Savings established with Benchmark
- Savings remain intact and incurring dividends; thus, reducing the actual cost of your loan
- A wide range of Personal Loan terms customized to your unique situation (up to 10 years)
- Helps establish or re-establish credit
- Convenient forms of payment: payroll deduction, coupons, or automatic payment from a Benchmark Account
- Local decision-making and processing
- Attentive, friendly service from start to finish
Personal Lines of Credit
Details
The convenience of a Credit Card (without the temptation). Easily access funds with a Personal Line of Credit.
Details:
- Competitive Personal Line of Credit rates for several ongoing needs
- Accommodating repayment options:
- Minimum 3% of balance at time of advance
- Payments are fixed until next advance
- A new monthly payment will be calculated at that time
- Meet needs as they arise; no need to apply for separate installations
- Convenient forms of payment: payroll deduction, coupons, or automatic payment from a Benchmark Account
- Local decision-making and processing
- Attentive, friendly service from start to finish
Additional Coverage
Benchmark’s Debt Protection Program is a voluntary loan-payment protection product that helps you get relief from the financial burden of delinquency, default, or foreclosure if a protected life event unexpectedly happens to you. And, simple eligibility requirements do help ease the enrollment process.
Protected events include:
- Loss of life, including those caused by acts of war
- Disability, including those caused by acts of war
- Involuntary unemployment