Simplify my finances!

Simply click on the “Apply” button to start your application.

During the application process, you will need to provide some basic information for your request such as the amount you wish to borrow, your desired repayment period, and the purpose for requesting a loan. You will also need to provide general information about yourself such as your monthly income, length of employment, and length of residency.

Applicants can apply for a Personal Loan of up to $35,000.

Most applicants will receive a decision within 1 business day. However, our decision may be delayed if we require additional information from you, in which case a representative will contact you directly.

Harvard FCU will typically disburse your loan funds the same day you sign your Personal Loan agreement.

Funds can be deposited directly to your Harvard FCU Checking or Savings account. You may also request your funds be sent to your home address on file in the form of a check.

There are no application or closing fees. There are no pre-payment penalties.

Any scheduled payment over 15 days past due will be subject to a late fee of $5.00 or 5% of outstanding balance, whichever is less.

There are several ways you can repay on the loan:

• Payments can be automatically deducted from your Harvard FCU Checking or Savings account each month. This method is recommended.
• If you’d like to set-up automatic payments from an outside bank account (Checking or Savings) please fill out our Incoming ACH Form.
• If you would like to send a check, make the check payable to Harvard Federal Credit Union and mail it to the following address:

Harvard Federal Credit Union
PO Box 382609
Cambridge, MA 02238-2609

Be sure to include your account number on your check and the remittance section from your billing statement.

• You may also call Harvard FCU at (617) 495-4460 to make a payment by phone.

You can access information about your Personal Loan, including the outstanding balance, monthly payment amounts, payment due dates, and prior payments, through your Harvard FCU online banking account. You can also review your monthly statement.

The payment due date on your Personal Loan is a fixed date and will depend on when you close on the loan. It is the same date each month for the duration of your loan. You will not be able to change this date.

You can find your Personal Loan Account Number on your Harvard FCU statement. You can also find it listed in your original closing documents.