Share-Secured Loans Click Here to Apply Online A Share Secured Loan is a loan secured by funds you have in your share account. (NOTE: Spectrum also offers Certificate-Secured Loans.) Lower Interest Rates (3% above Share Dividend Rate). Loan Is Secured By Funds In Share or Certificate Account. Makes loan processing and funding even faster! No Loan Fee - can save you even more money! Two Types Available (depending how you choose to pay the loan back) Offers You More Flexibility: You can make payments on a schedule, or You can make a lump sum payment. Share-Secured VISA Spectrum FCU offers members a Share-Secured VISA - which is a VISA card secured by the amount of money one has in a Spectrum share account. It works much like a Certificate Secured Loan in that the loan amount is limited to a specific share secured balance, but the rate is different (and of course it's a credit card) and you can only charge up to the amount pledged. A share-secured Spectrum VISA is typically used by members to rebuild credit or who want to use a credit card and want to leave their share savings account balance untouched. The amount of required shares pledged for a Share Secured VISA is 110% of the card limit. Members are required to pledge 110% of the credit limit to ensure that there are funds available to cover interest rate finance charges.