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Old Hickory Credit Union

Making a Positive Difference in our Neighbors' Lives

615-847-4043

Personal Loan Lebanon

Loan LebanonOne of the fastest ways to have a lump amount of cash is to apply for a personal loan. Lebanon borrowers looking for ways to reconsolidate their debt, fund their events, or even make their dream vacation happen, may be able to use a personal loan in Lebanon for these purposes.

For trusted advice on how to take out and use a personal loan, Lebanon borrowers can turn to Old Hickory Credit Union. We are a financial cooperative that’s focused on helping clients reach their goals through various financial services.

The Better Choice for Personal Loan in Lebanon

Old Hickory Credit Union is a member-owned, not-for-profit financial cooperative that provides clients with loans and services such as a personal loan. Lebanon borrowers can get better rates when they apply for a personal loan in Lebanon at Old Hickory Credit Union, as opposed to borrowing money from a bank.

Why Get a Personal Loan in Lebanon From Us

Since Old Hickory Credit Union is a financial cooperative, our main objective is to help clients with their financial needs—not to earn money. We do this by giving our clients better terms and offers on our personal loan in Lebanon. Borrowers often apply for a personal loan in Lebanon so they can pay off other debts. As such, it is outrageous for a bank to charge them with high interest rates when they aren’t financially capable to comply with their terms.

We see this as a problem that financial cooperatives such as Old Hickory Credit Union can solve. Our remedy is to provide clients with the financial consultations they need when applying for a personal loan. Lebanon borrowers will be pleased to know that we can customize the payment plans of their personal loan in Lebanon to suit their financial needs. 

What to Do With Your Personal Loan in Lebanon

What makes applying for a personal loan in Lebanon attractive is its flexibility. With a personal loan, Lebanon borrowers will have access to a lump sum of money which they can use any way they want. Here are some of the reasons why you might want to apply for a personal loan in Lebanon: 

  • Debt Consolidation: Unlike financial cooperatives such as Old Hickory Credit Union, commercial banks charge high interest rates for their loan assistance. With the terms of our personal loan, Lebanon borrowers can use their acquired sum of money to pay off their existing debts with other banking institutions. You can avoid accumulating interest on your other loans by applying for our personal loan. Lebanon borrowers will ultimately save money since they are entering a new personal loan in Lebanon with a better repayment plan.
  • Student Loans: The average student accumulates a debt after getting their degree. If the rates of your student loan are a bit too high, we may be able to give you a better repayment scheme with our personal loan. Lebanon residents may find it easier if they use a personal loan in Lebanon to pay off their student debts.
  • Home Improvement: Not all housing loans cover the personal expenses of a home renovation project. However, with a personal loan, Lebanon residents can use their acquired sum of money to improve their properties. Both commercial and residential property owners can use their personal loan in Lebanon for renovation projects.
  • Special Events: There are cases where individuals don’t have the cash to hold a special event. In that’s the case, they can take out a personal loan in Lebanon to get a certain amount of cash to fund the personal expenses of their special event.

Getting Approved for a Personal Loan in Lebanon

One of the most important information we’ll need is your purpose for taking out a personal loan. Lebanon borrowers can consult with one of our advisers to learn more about how this type of loan can help with their financial needs. You can start applying for a personal loan in Lebanon by filling out the forms on our website.  

Old Hickory Credit Union - Personal Loan Lebanon

Old Hickory Credit Union is a nonprofit and a member-owned financial cooperative established in 1934. Federally insured and state-chartered, we are here to make financial services affordable to our members.

Membership for Old Hickory Credit Union - Personal Loan Lebanon

Here are the people who are eligible to join our union:

  • Residents, workers, and churchgoers from the counties of Davidson, Sumner, Robertson, and Wilson, as well as those from the Smyrna or La Vergne communities
  • Employees who work under one of our Select Employee Groups
  • People who are married to or related by blood to any of our existing members

With an initial deposit of $25, you can open a savings account with us. If you maintain your account, your minimum deposit ensures your lifetime membership.

Banking With Old Hickory Credit Union - Personal Loan Lebanon

  • Checking Accounts

To serve the different needs of our clients, we offer various options for checking accounts, including:

  • Basic Checking. This account needs a minimum daily balance of $100.
  • Green Checking. There is no maintaining balance or monthly service fee needed.
  • Student Free Checking. Designed for members who are 13 to 26 years old, the Student Free Checking account has no minimum balance or monthly service fee requirement.
  • My Way Senior Checking. This checking account, eligible to members 55 years and older, can earn dividends for account holders. It has no maintaining balance requirement or monthly service fee.
  • Premier Dividend Checking. Holders of this account may earn a higher rate of dividends. This checking account also has no maintaining balance needed or a monthly service fee.

The following features are included in all of our checking accounts:

  • Unlimited check-writing privileges
  • Overdraft protection from savings
  • ATM/debit card
  • Online and mobile banking
  • Direct deposit availability
  • Savings Accounts

Here are some types of savings accounts we offer to our members:

  • Basic Savings Accounts. For this account, you need a $25 minimum balance. You can have unlimited deposits and up to five free withdrawals every quarter. Earn dividends with this savings account.
  • Health Savings Account. You may use this account for personal medical expenses. This account is safe from federal taxes if utilized by the principal holder, spouse, or dependents for qualified medical spending.
  • Share Certificates. You may get Share Certificates for a six-month term or longer.
  • Christmas Club Accounts. Members can make unlimited deposits in this savings account. The funds are transferred to account holders’ main savings accounts around October 15 every year.
  • Vacation Club Accounts. Enjoy unlimited deposits annually with this savings account. Money deposited into a Vacation Club account is transferred into the main savings account around May 15 each year.
  • Youth Accounts

Teaching young people about how to plan saving money and spending wisely can help them become responsible with their finances in the future. To help our members educate their children on financial responsibility, we offer the Save-A-Saurus and the Student Free Checking accounts.

Loans With Old Hickory Credit Union - Personal Loan Lebanon

 

Consumer Loans

  • Personal Loans. Get Signature Loans, Vacation Loans, or Personal Lines of Credit with various financing options. Your credit score, loan type, and loan term will determine the rates.
  • Auto Loans. Are you looking to buy a car, truck, or van? We can help. Our auto loans have competitive rates. Note that rates may vary depending on your credit scores as well as term and age of collateral. You may also choose from our loan terms that range from one to seven years. Apart from automobiles, we also offer financing for motorcycles, boats, and RVs.

Mortgage Loan

Enjoy our low mortgage fees for our loan products such as First Mortgages and Home Equity Loans. We offer reasonable interest rates and closing costs. Note that loans will go through the approval process. Restrictions may also apply.

Get in Touch With Us - Personal Loan Lebanon

If you are interested in joining a financial cooperative, turn to Old Hickory Credit Union. To learn more about our services, call us at (615) 847-4043 or our toll-free hotline at (800) 998-4043. You may also email us at questions@ohcu.org. We are looking forward to making a positive difference in the lives of our members.