Consolidate Your Holiday Bills Into One Easy Payment — And One Low Rate.
posted: 01/06/2012
We all know when the holidays are over, the bills come in. At MECU, we can make paying those bills a simpler process. And we can save you money as well.
Just take a look at bills you have elsewhere, such as your car or personal loans, credit card and department store cards. If they have higher interest rates than ours, consolidate those monthly bills into a single loan at MECU.
You’ll simplify your life and reduce the interest charges you’ll pay. MECU offers:
- Competitive rates as low as 9.24% APR*
- Terms up to 60 months
- No prepayment penalties
- Easy repayment methods (including automatic payments from your MECU savings or checking account)
Approvals are fast. And to make it even more convenient for you, we’ll handle transferring your existing balances to MECU.
Best of all, chances are our low rate can provide significant savings. This chart shows an example of how financing with a personal loan from MECU compares to a typical credit card from elsewhere.
| |
Balance |
APR |
Monthly
Payment |
Interest
Incurred |
Total
Repaid |
| Credit Card |
$10,000 |
14.00% |
$250 |
$3,549 |
$13,549 |
| MECU Personal Loan |
$10,000 |
9.24% |
$250 |
$2,000 |
$12,000 |
So consolidate your high-interest bills today. Call our lending specialists at 877.270.6392, select option 3, then 1 and 2. After all, it’s never too early to start saving money for your next holiday season.
* Annual Percentage Rate (APR) is based on excellent credit history and reflects a .50% discount for Express Advantage members (those with MECU checking and direct deposit) who make automatic loan payments from an MECU savings or checking account. Term may vary based on the loan amount. Rates are subject to change at any time.
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