Wrap Up The Year With Holiday Cheer!
From October 1 through December 31, we will continue the Holiday Loan, Holiday Quick Draw and Holiday Skip-A-Pay tradition.
Special Holiday Loan1
Get up to $8,500, terms of up to 36 months, and unbelievable rates as low as 4.99% APR*1
Click here to apply for a Holiday Loan.
Special Holiday Quick Draw Loan2
Get up to $750 and an extended repayment period of five months to make sure you have all the funds you need for a happy holiday season!
Qualifying is easy:
• Member in good standing for at least 3 months
• Direct Deposit of net pay, minimum $1,000/month
• No more than 3 Quick Draw Loans in any 6 month rolling period
• No bankruptcy
Click here to apply for a Holiday Quick Draw Loan.
With three months of on time payment history, Police FCU will let you skip your November or December loan payment – so you can have some extra holiday cash in your pocket.
Click here to download your Holiday Skip-A-Pay Form.
Holiday Loan Program Disclosures:
*APR=Annual Percentage Rate which is subject to change without notice.
1Holiday Loan: Holiday Loans available from October 1 – 2020 December 31, 2020 with up to 2.00% rate reduction from qualifying loan rate. Loan amount, repayment term and interest rate based on credit qualification. Rate reflects exclusive1% holiday loan rate discount and a 1% cumulative rate reduction with the Loan Rate Discount Program#.
Payment example: $8,500 Holiday Loan at 4.99% APR# for 36 months = approximate payment of $254.72. Other restrictions may apply.
2 Holiday Quick Draw Loan: The total cost for a Quick Draw Loan would be $54 or $65, including the $20 application fee, depending on if you elected the 18% or 24% APR# option. Loan payments would be approximately $156 or $159, respectively.
3Holiday-Skip-A-Pay: There is a $30 service fee for each skipped payment, and interest will continue to accrue on your loan(s) and the loan term will be extended. Real Estate Loans, VISA® Credit Cards and Better Title Loan and Second Chance Auto Refinance loans are not eligible for the Skip-a-Pay program.
#Loan Rate Discount Program offers .25% rate reduction (up to 1% cumulative) for Direct Deposit ($1,000 monthly minimum), Automatic Loan Payments, Law Enforcement Retirees, New Benefits Plus® Checking Credit Card, New Member Sponsorship, New Holiday Club Account (monthly deposit required), New Share Certificate (minimum 24 month term) or PFCU Real Estate Loan.