DEBT SHED LOANS
Save more for your big moments in life! Combine your high interest debt that may be weighing you down with a Debt Shed loan! CFCU is here to help you get relief from the debt that could be weighing you down.
Our Debt Shed Loan is a low rate debt consolidation loan that allows you to bundle higher-costing debt such as:
- Credit Cards
- Medical Bills
- Personal Loans
- And More!
By making consistent, on-time payments, our low rate loan could even help you increase your credit score! Don’t let yourself become a victim of high interest credit cards, with an endless number of bills every month. Let CFCU help you feel financial freedom!
Check out how much you could save with a $7,000 Debt Shed Loan!
|STORE CREDIT CARD
||CFCU DEBT SHED LOAN
|Balance = $7,000
||Balance = $7,000
|Interest Rate = 24.99%APR*
||Interest Rate = 7.99%APR
|Months to payoff = 36 months
||Months to Payoff = 36 months
|Monthly payment = $278
Total Interest Paid = $3,018
|Monthly Payment = $219
Total Interest Paid = $895
THAT'S A TOTAL SAVINGS OF $2,123.00**
Find out if your estimated payment will save you money with our loan calculator
Effective April 6, 2020
*APR = Annual Percentage Rate. Rates shown are the best available, are based on credit history, and subject to change without notice. Please see a CFCU Financial Service Representative for full details. **Max to Lend = $7,000. No additional discounts for Auto Transfer/Electronic Payment. Refinancing of existing CFCU debt not available with Debt Shed.
*Average credit card rate from www.creditcards.com.
**Savings comparison based on $7,000.00 credit card debt at 24.99% APR with an estimated term of 36 months. Monthly payment and total amount of savings not guaranteed. Contact us for more information.