Personal Loans

Whether you need to borrow a small amount to rebuild your credit or to skip a loan payment during a difficult month, Michigan First can help you out. Check out our personal loans and apply for the one that suits you the best.

Unsecured Loans

This is the loan you can do whatever you want with (as long as it’s legal). Think about applying for a unsecured loan if you need to consolidate debts, purchase new furniture, go on vacation, or take care of an emergency.

ApplyView Rates

Savings Secured Loan

Need a loan, but have less than stellar credit? Use your savings account as collateral to take out a loan at a low rate. You can borrow anything from $500 up to the balance in your savings account. The Savings Secured Loan is excellent for people who need to build their credit back up to qualify for a larger loan!

ApplyView Rates

Signature Line of Credit

Our Signature Line of Credit is a great option when you need some extra cash. It’s a pre-set credit limit that you can draw from at any time. We offer a fixed interest rate and access via online and mobile banking. Enjoy the peace of mind that comes from knowing you have extra money available!

ApplyView Rates

Skip-A-Pay

Sometimes, you just need some spare cash. Michigan First’s Skip-A-Pay option can make that happen. Qualified members can skip one loan payment between February and October, and once again in December. Skip-A-Pay costs $60 for a home equity loan and $40 for all other loan types – but you can get this fee waived with MoneyPerks points.

How do you qualify for Skip-A-Pay? Check out the FAQs for all the nitty-gritty details. Trust us, it’s a great tool to have in your back pocket for a month when your budget is stretched just a little too tight.

Apply for Skip-A-Pay through online banking, visiting a branch, or downloading, completing and faxing the Skip-A-Pay form to 248.443.4280 or by mailing it to Branch Support, 27000 Evergreen, Lathrup Village, MI 48076.