Types of Loans

Before you buy, consider Lincoln SDA Credit Union first to save time and money. We offer competitive rates, low down payments and flexible repayment terms.

Auto loans are priced into 4 categories
  • New / Untitled
  • 1 to 3 years
  • 4 to 6 years
  • 7 to 10 years
  • 10 years or more, Milege > 120,000 or Salvage Title
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    The amount of an auto loan could be limited by your income to debt ratios and the NADA value of the vehicle. Check the NADA Pricing Tool to lookup the value of an auto. The age of of the vehicle also determines how much we will loan. Call and talk to a loan officer for specifics on the vehicle you are interested in purchasing.

    Use the Auto Purchase Checklist to help know what paperwork you'll need to complete the loan process.

    We also offer CarFax to help you make sure there are no hidden problems. Use this link to send us the VIN of the car you are interested in purchasing.

    Take advantage of our Loan Calculator to help determine what will work for you. You can also Contact Us for more information.
    Lincoln SDA Credit Union offers loans to enable our members to realize their dreams sooner rather than later.

    When you need cash, come to Lincoln SDA Credit Union. We have cash for all your needs: vacations, debt consolidation or emergencies. Our rates are always competitive and we'll help you set up a comfortable repayment plan.

    Take advantage of our Loan Calculator to help determine what will work for you.

    Contact Us for more information.
    Instead of using your savings balance to purchase an item, apply for a share secured loan. The balance of your savings/certificate will continue to earn dividends and increase in value, while your loan balance will decrease with each payment. Plus with a Share Secured loan or a Share Certificate Secured loan your interest rate may be lower than other secured or unsecured loans.

    Don't hesitate to Contact Us for more information.
    Whether you have it for safety, convenience, or to just in case of an emergency. There's no reason to be gouged on interest rates. Lincoln SDA Credit Union offers it's members a VISA Credit Card with an 8% interest rate for both purchases or cash advances.

    If you are struggling rebuilding your credit we have a 12% card with a $500 limit that you can use to help improve your credit score.

    Credit Card Details
    Use the equity in our home for repairs or consolidate high interest credit unto one payment at a lower interest rate. Save money and get out of debt quicker.

    Call use to see if this option is beneficial for your circumstances.
    Whether you're buying a home or want to refinance an existing loan, we can offer a low rate with minimal fees. With both fixed and adjustable rate loans, you can rest assured that we will find a loan to meet your needs. Don't hesitate to Contact Us today to speak with one of our Home Loan Specialists.

    The auto loan calculator can be used to help calculate what your payments.
  • 10 Years - use 120 months
  • 15 Years - use 180 months
  • 20 Years - use 240 months
  • 25 Years - use 300 months
  • 30 Years - use 360 months
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    Click Here for mortgage rates and online application here.
    Don't let gaps in federal funding keep you from getting your education. Our Student Choice Private Lending Solution provides the additional funds you need and features you want, including:

  • Zero origination or prepayment fees
  • Lower interest rates
  • Flexible repayment options
  • Easy online application and approval
  • Convenient line of credit structure that lets you apply once and secure financing for your entire college career*
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    For more information and to apply online visit our Student Choice website at http://lincolnsdacu.studentchoice.org

    *Subject to qualification and annual credit review.

    Member Services

    If you are not a member of Lincoln SDA Credit Union, and you are a member of the Seventh-day Adventist Church, complete this form to apply for membership.

    New Account Card

    Loan Application

    To apply for a fixed term loan fill out the following Loan Application. If you are making a Joint Application with a spouse or cosigner the second individual will need to fill out the Joint Signer form.

    Loan Application
    Loan Application - Joint Signer

    Credit Card Application

    To apply for revolving credit fill out the following Loan Application. If you are making a Joint Application with a spouse or cosigner the second individual will need to fill out the Joint Signer form.

    Loan Application - Visa Credit Card
    Loan Application - VISA Credit Card - Joint Signer

    Definitions

    When a financial institution gives a secured loan, it wants to make sure it will get its money back. That is why a lender (SDA) usually requires a second source of repayment called collateral. Collateral is personal asset that can be sold in the event the member can no longer make payments on the loan. Examples of collateral may include your house or automobile.
    The act of signing for another person's debt which involves a legal obligation made by the cosigner to make payment on the other person's debt should that person default. Having a cosigner is way for individuals with a low income or poor/limited credit history to obtain financing. More Information