Personal Loans

Personal loans from ESL are straightforward to help you reach your goals:

• Our competitive rates lower the cost of borrowing
• Our fixed rates improve financial planning because you’ll always know the amount of your monthly payments
• Choose from a variety of flexible terms ranging up to 120 months.
• No prepayment penalties

To simplify budgeting and planning, our loans come with a fixed due date each month and a variety of payment options:

• Automatic transfer (AutoSweep) from an ESL savings or checking account.
• Automatic debit from a checking or savings account at any financial institution.
• Transfer funds using ESL online or mobile banking or TEL-E$L.
• Connect with an ESL Representative so we can help with this transaction.

You can also make payments in any ESL branch or by calling 585.336.1000.

ESL Personal Loans cannot be used for educational or business purposes.

Potential Loan Late Fees After Opening Your Account

Loan late fees vary. Below are the late fees for new loans issued. Contact an ESL Representative by phone at 585.336.1000 or 800.848.2265, use chat banking, or visit an ESL branch to determine your late fee for a loan issued previously.
 

Personal Loans
Late fees of 10% of the overdue payment of interest and principal are charged if we do not receive the full monthly payment 15 calendar days after the scheduled due date.
 

It’s easy to apply. 

• Fill out an application online.
• Visit any ESL branch.
• Call 585.336.1000.
• Be prepared with the documentation needed to apply for a personal loan. Learn more >

Please remember that borrowers and co-borrowers must be at least 18 years old to apply. ESL Personal Loans cannot be used for educational or business purposes.