Personal loans and credit cards are both lending options provided by the credit union. Personal loans are structured with a specific term – a period of time you are given to pay off the loan. This balance can be paid in full through equal monthly payments that go toward both principle and interest. Alternately, credit cards are considered a revolving line of credit and do not come with terms – there is no specific time the balance needs to be paid in full. Credit cards at San Francisco Federal Credit Union offer an interest-free period and require a minimum payment each month when there is a balance. You are offered a credit limit and can make ongoing purchases, cash advances, and balance transfers. For both credit cards and all our loans, we offer a Credit Protection Plan