Personal Loans
Easy and convenient. Not what always comes to mind when applying for a loan, but that's the way we do it at Red River. Whether you seek the funds for a dream vacation, household items, or debt consolidation, we can help make it happen.
Personal loans can be secured by your Red River savings account or CD for the most favorable terms, or we can lend up to 75% of an item's purchase price.
- Summary
- Local service, local decisions
- Low, competitive rates
- Easy application process
- Can be secured by funds deposited at Red River
- Available for most any purpose
- Loan insurance coverage available
- Loan Insurance
Loan protection is a low cost way to protect your investment and your family's future. Loan protection insurance costs pennies per month and gives you peace of mind knowing your loan payment will be paid if you lose your life or become totally disabled due to a covered illness or accident.
For maximum convenience, the low premium is included in your regular payment. There is no need to worry about an additional due date, and no extra checks to write. The cost is minimal and you pay only for the exact amount of protection you need—no more, no less. Loan protection insurance is available on most loans from Red River up to $150,000.
Credit Life & Disability Insurance
Are you planning for the unexpected?
Credit Life and Disability Insurance
Credit Life and Disability Insurance pays the outstanding balance on your loan up to the maximum program limit, allowing you to preserve your other assets and resources for your family's well-being and long-term needs.
Applying is easy.
- You complete a short application.
- No physical exam is required.
- Simply meet the eligibility requirements.
- The premium is included in your monthly payment.
It's flexible and affordable.
You pay only for what you need. If the outstanding balance is zero, you pay nothing for that month. When there is an outstanding balance, your Credit Life Insurance premium is calculated based on that amount. As your balance is paid down, the premium diminishes, too.
Protecting your rights.
- Your credit approval and interest rate are not contingent on enrolling in this optional program.
- Our program includes a 30-day "free look" period.
- You may cancel the coverage at any time by making a written request.
Provider: American Modern Life Insurance Company
700 Midland Boulevard, AMELIA, Ohio 45102
