Need to Pay Some Holiday Bills?
If you ran up the balance on your credit cards or store accounts during the holidays, here are some good ways to pay them off at a lower rate:
TCU MasterCard. With a rate as low as 9.99% APR*, our card is a good way to pay off those other guys’ higher rate cards.
*Annual Percentage Rate as of 1-15-16. Actual rate is determined by your credit qualifications. Grace period is 25 days when you pay off your balance in full in both current and previous billing periods. No grace period for cash advances, including balance transfers.
Signature Loan or Personal Line of Credit. Your good credit secures either a lump sum of cash or an ongoing credit line you can use when needed. The rate is lower than most credit card rates.
Home Equity Loan or Line of Credit. The equity in your home secures either a lump sum of cash or an ongoing credit line you can use when needed. The rate is likely to be as low as you can get, short of refinancing your home. (And the interest is usually tax deductible. Check with your tax advisor.)
Refinanced Home Loan. Now is the time to get in on historically low rates! Refinancing your home can cut your payment, shorten your loan, or put cash at your disposal (which you can use to pay off other debt).
It can be a challenge to sort out your options and choose the best one. That’s why we encourage you to contact Kathrine or Christie at 503-251-2390 or 800-547-7657. Simply ask them to run the numbers for you. You’ll always get a straight answer at your credit union!