The Essential Credit Union is a personal loan from Essential Credit Union. The ongoing APR is As low as 9.95% APR (6-12 months), 10.95% (13-24), 11.45% (25-48), 12.45% (49-60) (rates effective 10-15-2026; reflect discounts for online approval and direct deposit). Typical credit limit: Minimum loan amount $500; amounts based on creditworthiness and income. Loan terms: Fixed term with regular monthly payments; maximum term five (5) years.