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Overview
- Competitive rates
- Flexible terms
- In-house processing for quick approval
Opportunity Loans
Astera’s suite of Opportunity Loans are designed specifically for low-income borrowers. These loans are not only there to assist in acquiring the needs of an automobile, school equipment, home-owner assistance, and debt consolidation, but to help build credit with reasonable terms and rates to the member.
Monthly Payment
Loan Amount$Rate%Term MonthsOpportunity Tech Loan
The Opportunity Tech Loan will provide low-income members financing to purchase computer hardware, software, or other items.
Details:
- Loan Amount: $300 – $3,000
- Loan Term: 12 – 60 Months
Opportunity Auto Loan
The Opportunity Auto Loans will provide low-income members financing to purchase reliable transportation.
Details
- Loan Amount: Up to $18,000
- Rate: 15.99% APR*
- Loan Term: Up to 72 Months
- Maximum age of collateral: up to 10 years
- Maximum mileage: 150,000
- GPS may be required
- No DTI, UDI, PTI requirements
Homeowner Assistance Loan
The Homeowner Assistance Loan will exclusively provide recipients of a First Step Home (FSH) Mortgage access to funds needed to repair or improve their home.
Details:
- Loan Amount: $500 – $10,000
- Loan Term: Up to 60 months
Financial Freedom Consolidation Loan
The Financial Freedom Consolidation Loan will provide a valuable resource to our members who need to consolidate debt from payday lenders or other creditors and those who need to establish an emergency savings account.
Details:
- Loan Amount: $500 – $5,000
- Rate: 17.99% APR**
- Loan Term: 3 – 60 months
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Credit Cards
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Kasasa Saver
Put your Kasasa checking account to work by adding a Kasasa Saver account.
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Share Secured Loans
No credit or bad credit? Use your Astera savings as collateral to secure a loan.
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Rates
Rates
Share Secured Loan
Term Rate* to 60 Months on share or certificate maturity 3.0 points over dividend rate *APR=Annual Percentage Rate. Rates and term are subject to change without notice.
Unsecured Loan
Term Rate* 12-36 Months As low as 9.49% APR* 37-48 Months As low as 10.49% APR* 49-60 Months As low as 11.49% APR* 61-72 Months As low as 12.49% APR* *APR=Annual Percentage Rate. Rates and term are subject to change without notice.
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FAQs
Frequently Asked Questions
Sometimes you still can qualify with bad credit. Loans are based on your credit history not necessarily your credit score. Call us today, to discuss your options at 517-323-3644.
To check the status of a loan application you must call 517-323-3644.
Astera's Audio Banking gives the member banking over an automated phone service. There is only one simple application to complete. Choose your four-digit personal identification number (PIN), and you're ready to go. Use any touch-tone phone and perform a variety of transactions including loan calculations. Once you have your PIN, you can access Audio Banking by calling toll free at 1-888-222-8868. To view our Audio Banking Guide, click here.
You are also able to utilize Online Banking or Mobile Banking in order to process the payment. A payment can be made by transferring funds to the appropriate loan. These payment methods are free of charge!
To contact us please submit a question using the button below. A Member Service Representative will get back to you as soon as possible. Or, you can contact us at 517-323-3644.
Your Opportunity for Financial Independence is Here!
If you're looking for a loan designed to fit your needs, we've got you covered.
*APR = Annual Percentage Rate. Rate is subject to change without notice. Please contact Astera Credit Union for latest rate. Additional restrictions may apply.
**APR = Annual Percentage Rate. Rate is subject to change without notice. You will be rewarded with interest rate reductions for on time payments and completion of LifeCents Badges. Initial rate of 17.99% APR*- interest rate decreases .50% every 6 months of consecutive on time payments, or after completion of 6 LifeCents badges. Maximum rate reduction is 7% APR. Additional restrictions may apply. Please contact Astera Credit Union for latest rate. Additional restrictions may apply.