How Do Personal Loans Impact Your Credit?
Personal loans can help build credit with a positive payment history and a reduced credit utilization ratio.
Read MorePersonal Loans
Fixed monthly payments to fit your budget.
as low as
6.49
%
APR
for 12 months
Rate effective as of October 1, 2025, ranging from 6.49% to 18.00% APR, with terms between 12 and 84 months. The APR is determined by various factors within Arkansas Federal’s custom scoring model, including, but not limited to, credit score, credit history, income, and debt-to-income. You must have a minimum household annual income of $25,000, be over 18 years of age, and have a valid U.S. Social Security Number to be considered for an Arkansas Federal personal loan. Loan approval is subject to confirmation that your income, debt-to-income ratio, credit history, and application information meet all requirements. For debt consolidation, even with a lower interest rate or monthly payment, paying debt over a longer period may result in paying more interest. An Arkansas Federal personal loan is intended for personal use. It cannot be used to pay for post-secondary education, a secured loan, or directly pay off an Arkansas Federal credit card. Membership with Arkansas Federal is required.
Fixed monthly payments to fit your budget.
Low, Fixed Rates
Borrow with rates starting
as low as
6.49%
APR
Rate effective as of October 1, 2025, ranging from 6.49% to 18.00% APR, with terms between 12 and 84 months. The APR is determined by various factors within Arkansas Federal’s custom scoring model, including, but not limited to, credit score, credit history, income, and debt-to-income. You must have a minimum household annual income of $25,000, be over 18 years of age, and have a valid U.S. Social Security Number to be considered for an Arkansas Federal personal loan. Loan approval is subject to confirmation that your income, debt-to-income ratio, credit history, and application information meet all requirements. For debt consolidation, even with a lower interest rate or monthly payment, paying debt over a longer period may result in paying more interest. An Arkansas Federal personal loan is intended for personal use. It cannot be used to pay for post-secondary education, a secured loan, or directly pay off an Arkansas Federal credit card. Membership with Arkansas Federal is required..
No Application Fees
Enjoy $0 application fee, with no hidden costs or surprises.
Fast Funding
Apply today and get approved funds in hours.Final approval and credit decision timing may vary if additional documents are requested as part of the verification process. Funds are generally deposited the same business day via direct deposit to your Arkansas Federal account if verification is completed and final approval occurs before 3:00 PM on the days the credit union offices are open.
Flexible Terms
Choose repayment terms from 12 to 84 months.
Big plans? Unexpected expenses? Or maybe you just want a little more breathing room. Whatever’s next, we make it easy to get the money you need. With low, fixed rates and consistent monthly payments, you’ll save money and know exactly where you stand. And with fast approvals and no application fees, getting a personal loan is stress-free from start to finish.
as low as
6.49
%
APR
for 12 months
Rate effective as of October 1, 2025, ranging from 6.49% to 18.00% APR, with terms between 12 and 84 months. The APR is determined by various factors within Arkansas Federal’s custom scoring model, including, but not limited to, credit score, credit history, income, and debt-to-income. You must have a minimum household annual income of $25,000, be over 18 years of age, and have a valid U.S. Social Security Number to be considered for an Arkansas Federal personal loan. Loan approval is subject to confirmation that your income, debt-to-income ratio, credit history, and application information meet all requirements. For debt consolidation, even with a lower interest rate or monthly payment, paying debt over a longer period may result in paying more interest. An Arkansas Federal personal loan is intended for personal use. It cannot be used to pay for post-secondary education, a secured loan, or directly pay off an Arkansas Federal credit card. Membership with Arkansas Federal is required.
%
APR
for 12 months
84 months
Longest Term
One loan. Endless possibilities.
Holidays
Celebrate the season your way—gifts, parties, travel, and more.
Debt Consolidation
Roll credit cards and bills into one payment with a clear payoff plan.
Vacation
From beaches to road trips, bring your travel plans to life.
Wedding
Say “I do” with less stress and cover the venue, dress, and more.
Back to School
From books to backpacks to dorm gear, we’ve got you covered.
Big Purchase
From appliances to car repairs, be ready when life happens.
Payments on a 12-Month Loan
Curious what monthly payments look like on a 12-month personal loan? Here are a few examples.
| Loan Amt. | APR1 | Estimated Monthly Payment3 |
|---|---|---|
| $1,000 | 6.49% | $86 |
| $2,500 | 6.49% | $215 |
| $3,000 | 6.49% | $258 |
| $5,000 | 6.49% | $431 |
Looking to Borrow More or Pay Longer?
Here’s how different loan amounts and terms could look. Longer terms can lower your monthly payment, while shorter terms can help you pay off your loan faster.
| Loan Amt. | Term | APR1 | Est. Monthly Payment3 |
|---|---|---|---|
| $5,000 | 24 months | 8.89% | $228 |
| 36 months | 9.89% | $161 | |
| 48 months | 10.89% | $128 | |
| 60 months | 11.89% | $110 | |
| 72 months | 12.89% | $100 |
| $10,000 | 24 months | 8.89% | $456 |
| 36 months | 9.89% | $322 | |
| 48 months | 10.89% | $257 | |
| 60 months | 11.89% | $221 | |
| 72 months | 12.89% | $200 | |
| 84 months | 13.89% | $186 |
| $20,000 | 24 months | 8.89% | $912 |
| 36 months | 9.89% | $644 | |
| 48 months | 10.89% | $515 | |
| 60 months | 11.89% | $443 | |
| 72 months | 12.89% | $400 | |
| 84 months | 13.89% | $373 |
Benefits You’ll Love
Fast Approval
Apply online and get approved quickly, with funds available in just hoursFinal approval and credit decision timing may vary if additional documents are requested as part of the verification process. Funds are generally deposited the same business day via direct deposit to your Arkansas Federal account if verification is completed and final approval occurs before 3:00 PM on the days the credit union offices are open.
No Application Fees
No hidden costs here. You’ll never pay an application or origination fee.
Affordable Payments
With a fixed rate, your monthly payment stays the same each month.
Competitive, Fixed Rates
Get the cash you need. No collateral is required.
Frequently Asked Questions
What is a personal loan used for?
Just about anything! From consolidating credit card debt and paying bills to covering big purchases, like vacations or weddings, and even unexpected expenses.
How fast can I get the money?
Pretty fast. Once you apply and are approved, funds are usually available the same day in just a few hours.Final approval and credit decision timing may vary if additional documents are requested as part of the verification process. Funds are generally deposited the same business day via direct deposit to your Arkansas Federal account if verification is completed and final approval occurs before 3:00 PM on the days the credit union offices are open.
Is there really no fee to apply?
That’s right. We don’t charge application or origination fees.
How much can I borrow?
The amount you can borrow depends on a few things, like your credit history, income, and current debts. When you apply, we’ll review your full picture and let you know what amount you qualify for and what fits your budget.
Will my rate always stay the same?
Yes! Your loan comes with a fixed rate, so your monthly payment never changes—making it easy to budget.
Can I pay off my loan early?
Absolutely. And there’s no penalty if you do.
Is a personal loan better than a credit card?
It depends on your situation, but personal loans provide a lump sum dollar amount with fixed interest rates. That means your payments are the same every month with a set payoff date. Credit cards are revolving with variable interest rate. Monthly payments can vary, and there is not a set payoff date. Arkansas Federal is here to help you decide which one is right for you.
Do personal loans affect my credit score?
Yes, but in a positive way if managed well. A personal loan can help you build credit by adding installment history to your credit mix. Just remember that on-time payments are key.
