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A Popular Secured Loan or Line of Credit is an excellent choice if you have personal savings to use as collateral.

By securing a low-interest loan or line of credit with your Banco Popular CD or Savings Account, you can leave your CD or Savings intact and continue to earn a competitive interest rate on your Banco Popular Deposit Account.

Because your approval is virtually guaranteed, building and managing your credit is easy with a Popular Secured Loan or Line of Credit.

Popular Secured Loan

Variety of Loan Terms. A variety of loan terms are available – Select the loan term that fits your budget and financial goals.
Variety of Loan Amounts. Borrow from $1,000 up to 100% of your Savings/CD balance (maximum loan amount of $100,000).
Fixed Rate and Fixed Monthly Payment. With a standard monthly payment for the life of the loan, you will never be surprised by the amount of the payment.

Popular Secured Line of Credit

Revolving Line of Credit. Use this low-interest line of credit again and again.
Credit Limits. Credit Limits range from $1,000 up to your Savings or CD balance (maximum line amount $50,000).
Variable Rate and Flexible Payments. A minimum payment based on the outstanding balance will be due each month. Choose to pay only the minimum, or pay down your balance and have it available for you to use again and again.
Easy Access to your Secured Line of Credit. Access your line of credit through line of credit checks or a cash advance at any Banco Popular location.

More:it-www.bppr.com