Personal Loans

Cover a wide range of financial needs with Personal Loans from New Generations Federal Credit Union! We now offer repayment terms up to 60 months.

Here are several reasons why a Personal Loan from New Generations is a no-brainer:

  • Customizable repayment terms up to 60 months give you an affordable payment that fits within your monthly budget
  • Quick and easy loan application process – receive a response within one business day
  • Personal Loans - use them for anything you'd like!Use the loan funds for anything you’d like
  • Secure, confidential loan processing
  • Rates as low as 6.99% APR*
  • No collateral required

Why would you need a Personal Loan? Here are just a few of the many reasons Personal Loans make sense for many of our members:

  • Credit card consolidation
  • Equity shortfall on a home sale
  • Swimming pool construction
  • Home repairs
  • Emergency medical expenses
  • Lifestyle surgeries or procedures
  • Car repairs
  • Home appliance purchases
  • Home remodel expenses
  • Wedding expenses
  • Business expenses (for sole proprietorships)


Ready to apply? Don’t delay! Apply for your Personal Loan Today! Or, give us a call at (804) 359-8754 and select option 2 if you would like to learn more.

* Rate quoted above includes a .50% rate reduction for automatic payment. The 6.99% APR is the lowest rate available, including discounts; the minimum payment on a Personal Loan at 6.99% APR for 12 months is $86.54 per $1,000.00 financed. Rates and terms are subject to change without notice, and may vary based on creditworthiness and term of loan. Other rates and terms are available.