NEA Personal Loan®
Upgrade your life now. With one monthly payment.
The NEA Personal Loan can help you consolidate higher interest debt or pay for things that may seem a little out of reach. These include paying off credit cards and other loans, home remodeling projects, weddings, baby expenses and more.1 And with low Fixed For Life APRs, you can wrap up a variety of expenses into one monthly payment.
- Fixed For Life APR rates of 5.99% to 15.99%2
- Loan amounts up to $30,000
- Terms from 36 to 72 months3
- No application fees
- No annual fee
- No prepayment penalties
- 0.25% interest rate discount with AutoPay enrollment
Before beginning the application process, you should be able to answer "Yes" to each of the following statements:
- Yes, my credit history is clear of bankruptcy and late payments
- Yes, by requesting this loan, I agree that FNBO may obtain credit reports for purposes of processing my request for this loan and for later purposes related to my loan such as reviewing, updating and renewing it, and collecting.
- Yes, I have received, reviewed, and agree to the general terms (Key Information on Your Loan) that will apply to my loan. The specific term of your loan (APR, Payment, and Term) will be established and disclosed during a separate phone call after your application has been received if you qualify.
If you have questions about the NEA Personal Loan Program, call 1.800.637.4636.
1. Exclusions and limitations may apply. Please call a loans specialist for details. The NEA Personal Loan cannot be used to pay postsecondary educational expenses or tuition or to consolidate postsecondary educational loans.
2. Your Fixed For Life APR will be established when we discuss your specific request with you and will be in the range of 5.99% Fixed For Life APR to 15.99% Fixed For Life APR, depending on your creditworthiness. Please note that all applicants may not qualify for the lowest rate. The lowest rate may not be available for the term chosen. NEA members may receive a 0.25% interest rate discount by enrolling in AutoPay. To qualify, you must set up automatic payments from a checking or savings account at the time of loan origination. When you enroll in AutoPay, a rate as low as 5.74% Fixed For Life APR may be available, depending on your creditworthiness. See the Key Information on the loan for additional details.
3. Your repayment terms will depend on your APR and loan term for which you qualify. Example: On a 9.99% APR loan you will have (1) 36 monthly payments of $32.26 per $1,000 borrowed; or (2) 48 monthly payments of $25.36 per $1,000 borrowed; or (3) 60 monthly payments of $21.24 per $1,000 borrowed; or (4) 72 monthly payments of $18.52 per $1,000 borrowed. Your Fixed For Life APR will be in the range of 5.74% Fixed For Life APR (if you are enrolled in auto pay) to 15.99% Fixed For Life APR. See the Key Information on Your Loan for additional details.
Loans are made and serviced by First National Bank of Omaha (FNBO®).