NFCU Personal Loan Offer

[NYFan63]

I know personal loan interest rates vary based on credit scores, etc. but what has anyone experienced with NFCU personal loans? Are the interest rates lower than their credit cards, higher or the same since they are both unsecured?  Just curious...

EQ and other CRA's state I need an installment loan to improve my credit scores and the NFCU personal loan came up on my NFCU offers.

Thanks!

[gibeon]

I would recommend a secured loan with Navy.

You give them money and they loan it back to you at a ridiculously low interest rate. Plus you can use very little money if you want to - several hundred dollars.

The personal loans start at 9.9% and go up from there, the share-secured loans start at 2%-3%.