A personal loan is a loan that is not secured by a car, house, boat, deposits or some other type of collateral. With a personal loan you may borrow (with credit approval) for whatever you may need; computer, vacation, repairs, major purchasedebt consolidation or anything else.

Personal loans typically have a higher interest rate than lines of credit or secured loans such as a second mortgage. If you own a home, or if you are looking to apply for more than $15,000 you may want to consider applying for a second mortgage or home equity line of credit to see if you qualify for a lower rate.

*APR = Annual Percentage Rate. Approval is subject to creditworthiness. Rate and term are subject to change and require member qualification. Not all applicants will qualify for the lowest rate. 
*APR = Annual Percentage Rate.   Rate subject to creditworthiness and member qualifications. Not all applicants will qualify for the lowest rate. 
Computer loan requires member qualification and is subject to credit approval.  Offer valid for Duke University or Duke Health Employees only when making a purchase through the Duke Technology Center.  Purchases may include a computer and/or tablet and accessories sold at the Duke Technology Center and must be purchased together.  Returns, Exchanges or Refunds follow the Duke Technology Center's return policy.  Loan payment requires automated payroll deduction (monthly or bi-weekly) over 6-18 months.