Qside Secured Loans use the funds in your Savings or CD account as collateral. You can also use ConEd common stocks as collateral to take out a Qside Secured Loan.
Some of the lowest rates around
Borrowing limits based on collateral amount and individual creditworthiness
Savings and CD-secured loans with terms of up to 48 months, 84 months and 120 months
ConEd common stock-secured loans with terms of up to 60 months*
For savings and CD-secured loans, collateral will be frozen in amounts equal to your descending loan balance as you pay off the loan.
For stock secured loans, the actual stock certificate must be given to Qside for holding until the loan is paid in full
Pre-pay your balance without penalty
Credit Life and Disability Insurance available
*Stock Secured Loans of less than $15,000 have a maximum repayment term of 36 months