Term Loan
Term Loans
Having a set payment and a set amount of money to be paid off over a specific time appeals to some our members. A term loan accomplishes that. This type of loan is ideal for purchasing a vehicle or RV, paying off credit cards, or completing home renovations.
Here are some of the many features of the term loan:
- fixed or floating interest rates;
- repayment schedule to match members’ cash flow
- no prepayment penalties
- optional life and disability insurance.
If you are interested in our Term Loans, please contact your branch for an appointment, email Wainwright Credit Union, or apply online here.