We are committed to helping you get the right loan, whether that’s overdraft protection or a personal loan for a family emergency or that dream car.
We offer borrowing solutions with competitive rates with automatic payments made from your Lowell Five checking account*. We’ll guide you through our easy application and closing process. You can apply online or visit any of our convenient branch locations.
Personal loan options:
-
- Unsecured Loan**: Available for amounts from $500 to $25,000
- Overdraft Protection Loan: Attached to checking account and available up to $3,000
- Deposit Collateral Loan: Rate is 3% above interest being earned on the securing savings or certificate of deposit
- Auto Loans (New and Used): Available with as little as 10% down
- Personal Credit Card: Enjoy convenient and flexible purchasing power with a Lowell Five credit card
* *Borrowers are required to be a LowellFive customer for at least three months prior to applying for an Unsecured Loan. All personal loans are subject to approval.
Unsecured Loan
| TERM | APR | Payment per $1,000 |
|---|---|---|
| 24 Months | 12.75%* | $47.42 |
| 36 Months | 13.75%* | $34.06 |
*with automatic payment. Borrowers are required to be a LowellFive customer for at least three months prior to applying for a Personal Loan.
Overdraft Protection Loan
| Loan Amounts | APR |
|---|---|
| $500 – $3,000 | 18.00% |
Used Auto Loans
| Term | APR | Year of Vehicle |
|---|---|---|
| 36 Months | 8.750%* | 5 years old or less |
| 48 Months | 8.750%* | 5 years old or less |
| 60 Months | 8.750%* | 5 years old or less |
*with automatic payment. 90% of the lesser of sales price or N.A.D.A. value.
New Auto Loans
| Term | APR |
|---|---|
| 36 Months | 8.500%* |
| 48 Months | 8.500%* |
| 60 Months | 8.500%* |
| 72 Months | 8.500%* |
*with automatic payment. Up to 90% financing of selling price.
Receive your loan statements electronically via your Lowell Five Online Banking account. eBills is safe, secure, and paperless!