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Personal Loans

Looking for a little extra cash? Equitable Bank offers personal loan solutions right here in Massachusetts for the times you need it most. Our fast and flexible loans can be used for debt consolidation, car repairs or simply to build credit. If you have the need, we have the solution�from highly competitive unsecured personal loan rates to collateral loans!

Program	Term	APR	Monthly Payments per $1000 borrowed
L01Unsecured Personal Loan* (Effective: Friday, May 18, 2012)
12 Month Personal Loan	12 months	11.000%	$88.38

24 Month Personal Loan	24 months	11.000%	$46.61

36 Month Personal Loan	36 months	11.000%	$32.74
*APR=Annual Percentage Rate. Maxium Loan amount is $5000.00. .25% discount for auto payment transfers from your Equitable Bank checking or statement savings account Enjoy guaranteed fixed APR and monthly payments Sign up online to view your bill and manage your loan

Program	Term	APR
L02Personal Line of Credit* (Effective: Friday, May 18, 2012)
15 Year Personal Line of Credit	15 years	9.000%
*APR=Annual Percentage Rate. Based on the current prime rate of 3.25% APR + a margin of 4.00% as published in the Wall Street Journal on the last business day of the previous month and may vary up to 18.00% APR. Minimum rate is 9.00%. Maximum Loan amount is $10,000.00. No balance transfer or cash advance fees Convenient, ongoing access to your funds with our free Line of Credit checks. Generous Credit Limits

Program	APR
L03Collateral Loan* (Effective: Friday, May 18, 2012)
Collateral Loan	5.000%
*APR= Annual Percentage Rate. Minimum rate is 5.00%. Collateral loans can be secured by certificates of deposit and passbooks. A quick and easy loan with no approval process. Receive the money same day.

Program	APR
L04Overdraft Protection Line of Credit* (Effective: Friday, May 18, 2012)
Overdraft Line of Credit	14.000%
*APR= Annual Percentage Rate. Use an overdraft line of credit to protect your checking account from fees related to insufficient funds. Loan allows you to write checks above your checking account balance, up to your available credit limit. Flexible credit limit � as low as $500.00 and up to $2500.00.

Program	APR
L05Credit Builder Loan* (Effective: Friday, May 18, 2012)
Credit Builder Loan	5.000%
*APR= Annual Percentage Rate. Loan amount request $500.00- $1,500.00. The approved loan amount is placed in an Equitable Bank Savings Account, where it will earn interest. Loan balance plus 5.00% APR is repaid in full over a term of 6 months to one year. Once loan is repaid in full, funds can be withdrawn from the savings account. Additional loans will not be granted until Credit Builder Loan is repaid in full. All applicants must be in good standing with Equitable and have the capacity to repay the loan Low monthly installment payment. Promotes improved savings habits. A report of your favorable payment history will be sent to the credit bureau.