Loyalty Loan Program
At allU.S. Credit Union we're dedicated to providing the tools, resources and expertise that will empower your financial success. Don't think you're the only one who may have less than perfect credit. You're not alone. That shouldn't mean you couldn't qualify to buy a vehicle, consolidate debt or get a personal loan. That's why we've developed our Loyalty Loan Program for those individuals who have blemished credit scores and are having a difficult time qualifying for a loan.
- You have the potential to receive interest rate reduction for the first 2 years of your loan up to 2% each year with an automatic loan payment through allU.S.
- Reduce the amount of interest charged
- Help you pay the principal loan balance faster
- Save money over the life of the loan.
- Your monthly payment amount will not change due to the Loyalty loan interest rate reduction.
- Improved credit score
The Loyalty Loan Program is for the following type of loans:
- Debt ratio no higher than 45%
- Loan credit grade C, D and Lower
- Set up on automatic loan payment through allU.S.
- Must pay on time for the first 12 months of the loan and interest rate will be adjusted on the 13 month. 2nd year payment is paid on time rate will be adjust on the 25th month.
- At any time payment is not made by the 15th day after due date rate can be changed on the 16th day to original loan rate. If you don't qualify at first with a low interest rate, our loyalty loan program can help you reduce that rate overtime.
*The actual individually implemented amount of the intent rate reduction is at the sole discretion of the Credit Union