Backed by your own savings
Strengthen your credit through deposits
A share-secured loan is a type of personal loan that uses your own savings as collateral. Instead of depleting your savings on those big purchases, you can lend it to yourself. As a result, you don’t lose out on any savings interest!
- Perfect way to establish or rebuild credit
- Lower interest rates than unsecured loans
- Local service & support from Deseret First
To qualify, you’ll need:
- Membership & eligibility
- Credit approval
- Monthly payments withdrawn from your account
- Use 100% of your available funds
Apply online today! For questions or to apply directly with a representative, call 801-456-7590 or 800-326-3328. Available weekdays: 8am-7pm, Sat: 9am-2pm. Additionally, you may visit any Deseret First Branch.