Is Holiday Debt Keeping You Down?

Is Holiday Debt Keeping You Down?

The holiday season comes and goes, but holiday debt can linger all year. To avoid holiday spending hangout for the new year, there are a variety of options to help you pay off those high-interest debts.

Home Equity Line of Credit
Using your home’s equity is a quick and low-interest way to get some extra cash flow for other bills and debts. By securing your debts with a home equity line of credit, you’ll have only one easy payment to manage each month.

A home equity line of credit from UNCLE Credit Union includes:

• Receiving a rebate up to $300 on an early closure fee¹
• UNCLE pays up to $500 in closing costs²
• A variable rate that allows you to borrow as much as you need to your approved limit
• Credit lines ranging from $10,000 to $400,000 to qualified buyers
• Ten-year draw period, fifteen-year amortized repayment

Holiday Personal Loan Promo
Wrap up your spending when you apply for a holiday personal loan with UNCLE Credit Union. Personal loans offer an alternative to using your home’s equity, and still offer a low interest rate and low monthly payment.

Current rates are as low as 8.99% APR³. Although UNCLE always offers personal loans, this low rate will only last through January 31, 2023.

Apply through the UNCLE website to get started. Save time, money, and eliminate that post-holiday guilt! For more information call us today or visit our nearest financial center.

1. If the borrower is charged a fee for paying off another lender’s home equity line of credit, UNCLE CU will pay up to $300 of the early payoff fee. UNCLE CU will not pay other fees or charges associated with closing the other equity line such as reconveyance fees, principal or interest payments or accrued late charges. Offer not valid on existing UNCLE CU Home Equity Lines of Credit.
2. UNCLE Credit Union will pay closing costs up to $500. If the loan is paid off within 36 months of origination, borrower must reimburse third party fees paid by UNCLE CU to originate the line. Third party fees are estimated between $500 – $1,000. “No Closing Costs” offer not valid on refinances of existing UNCLE Home Equity Lines of Credit.
3. APR = Annual Percentage Rate. APRs available to approved applicants from 8.99% to 12.99% depending on credit history. Minimum of $2,000 & maximum of $20,000 for 48 month maximum terms. Minimum of $2,000 & maximum of $10,000 for 36 month maximum term. Some restrictions may apply. Offer only available 11/21/22 through 1/31/23. All loans subject to credit approval. Promotion can be changed or removed at any time. Rates and terms are subject to change and based on creditworthiness.