Holiday Loan Promotion
November 10 – December 31, 2020
After this year, we could all use a holiday treat!
Qualifying Members can enjoy a 2% RATE DROP on personal loan rates!
*Certain restrictions apply. APR = Annual Percentage Rate. Personal loan rate of 2% discount on qualifying rate. Subject to member qualifications and credit terms. Promotion valid November 10 – December 31, 2020.
At Democracy Federal Credit Union, we appreciate your business and your trust in us. Therefore, for your years of loyalty to Democracy FCU, we would like to say THANK YOU by offering an additional discount on our already low-interest rates for signature and auto loans.*
New Democracy FCU Members have 90 days to take advantage of any two of the below offers:
Additional discounts include:
*Loan Disclosure/Certificate Disclaimer: Cannot be used in conjunction with other promotions or discounts. Certain restrictions may apply.
Debt Consolidation Loan
January 1, 2021 – February 28, 2021
Consolidating debt saves time, money, and stress!
Qualifying Members can enjoy rolling their debt into one lump payment!
*Certain restrictions apply. APR = Annual Percentage Rate. Subject to member qualifications and credit terms. Loan terms do not include additional debt protection coverage.
Skip your payment(s) in December 2020 OR January 2021!
Skip-A-Pay on you auto loan, personal loan and/or Visa® credit card payment(s)! Choose to skip for the month of December or for January 2021!
Democracy FCU is helping members put a little cash back in their wallets for the holidays! For the month of December or January 2021, members are able to skip their auto loan, personal loan and Visa® credit card payment!
Fees and Terms
To Skip-A-Pay, complete and submit the Skip-A-Pay Application
*Certain restrictions apply. Please note that you cannot skip your first three loan payments. This offer is only open to loans that have a minimum of three months of payment history established. Skipping payments will extend the maturity date of the loan one month for every Skip-A-Payment processed. Debt protection or GAP purchased to cover your Democracy Federal Credit Union loan(s) excludes deferred payments; therefore, in the event of a claim, you may have a residual balance as a result of Skip-A-Payment authorization. Interest will continue to accrue on any unpaid principal balance(s) and may impact your final payment amount. Your scheduled monthly payment amount will not change; however the amounts applied to principal and interest may vary as a result of Skip-A-Payment authorizations. If any accounts, active or closed, held by the Borrower and/or
Co-Borrower with Democracy Federal Credit Union are not in good standing, a Skip-A-Payment may be denied until the account is brought into a positive status. Automatic payments to the loan under this program are for monthly payments only on the due date of the loan.
Need money for your rent? Mortgage? Auto Repairs? Medical Bills? We’ve got you covered!
We know that having a financial safety net isn’t always possible, and in times of financial need, we want you to be able to count on us, and that is why we’re introducing an affordable and convenient Payday Alternative Loan: CASH-N-GO!
CASH-N-Go is a Payday Alternative Loan program designed to assist you with any financial emergency that you may have, while rebuilding credit and staying clear of paying high-interest fees to Payday Lending establishments.
THIS LOAN IS NOT ELIGIBLE FOR:
*Certain restrictions apply. Loan disbursement based on member qualifications.