Balance Transfer Loans
Looking to pay off your high-rate credit cards from other institutions? Our Balance Transfer Loan is just the thing. It’s NOT a credit card — it’s a loan with great rates! A LOW six-month introductory rate followed by a great low fixed rate.
| Term | Rate (APR) |
|---|---|
| 2.9% intro rate first six months | 8.9% thereafter |
| As of 4/19/2010 | |
Terms:
- Maximum loan amount: $15,000
- Minimum loan amount: $1,500
- Term: 60 months
- 5% of loan value required in Savings Account
- All checks are cut directly to the creditors; copy of current statement required
- Loans are not available for store-issued credit cards
- Loans are available for major credit cards only, including MasterCard, VISA, Amex, or Discover
- Rates and terms subject to change without notice
- ActorsFCU Savings Account is required and must be opened before application can be processed
- There is a 3o-day waiting period for new accounts to apply for a Balance Transfer Loan
