SECURED LOANS


 

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.

 

 

Features:

  • 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