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Lines of Credit

If you’re looking for a flexible revolving line-of-credit, University of Michigan Credit Union has a solution for you. Whether it’s for auto expenses, emergencies, school, or whatever you need, we have a variety of loan options to choose from.

Line of Credit Loan

Line of Credit

With the Line-of-Credit, you will have the convenience of being able to advance money for anything, anytime and for any reason. It's the most convenient way to borrow money.

  • Credit lines up to $50,000
  • Adjustable interest rate
  • No application fees
  • No prepayment penalties

*APR may vary after the account is opened. Rates are subject to change without notice. Credit subject to approval; normal credit standards apply. Property insurance is required. A property valuation fee ($16-$500) may be required. A $5 membership fee applies to new members.  

**Loan amount will be based on the borrower's credit worthiness and available equity. There is a 10-year term. If the account is not refinanced, a balloon payment will be required at the end of the term.

You can even advance money into your UMCU savings or checking account using MemberNet Online Banking.

Apply through your MemberNet Online Banking account, visit one of our branches or call us at 734-662-8200 to request an application.

UMCU Online Banking loginUMCU Financial Calculators
To report your Visa credit/debit card lost/stolen after hours call: 1-800-991-4965
Equal Housing Opportunity National Credit Union Administration
Federally Insured by NCUA.
734-662-8200 or 800-968-8628