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Special Offers

Holiday Loan Promotion

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!

  • Rates as low as 8.49% APR*
  • Borrow up to $5,000 for up to 24 months*
  • New money only
  • Cannot be combined with any other discount

Apply Today!

*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.

Member Loyalty

Get rewarded for your years of membership with us. 

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.*

Enjoy New Member Member Rewards in your first 90 days! 

New Democracy FCU Members have 90 days to take advantage of any two of the below offers:

  • 0.50% APR* discount on auto loans with rates as low as 2.35% APR!*
  • 0.25% APR* discount on Signature Loans with rates as low as 8.99% APR!*
  • Earn 3,000 bonus points when you spend $1,000 in the first 90 days with your Democracy FCU VISA Rewards Credit Card!* 

Membership has its Rewards! Members can enjoy: 

  • VIP Members: 62+ years, or $5K-$15K combined balances or 20+ transactions per month
  • Executive Members: $15K+ in combined balances or 30+ transactions per month
  • Presidential Members: $100K+ in combined balances or 40+ transactions per month

Additional discounts include: 

Member Rewards Program

Learn More

*Loan Disclosure/Certificate Disclaimer: Cannot be used in conjunction with other promotions or discounts. Certain restrictions may apply.

Debt Consolidation Loan

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!

  • Rates as low as 9.24% APR* (with member discounts of direct deposit 0.5% and Presidential Level in the Member Loyalty Program of 0.75%)
  • Qualifying members may borrow up from $200 - $40,000 for from 6 to 84 months*
  • Total rate discounts cannot exceed 1.25%
  • Standard loan, credit and member qualifications apply
  • Debt protection coverage not included and must be added/applied  


*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!

Eligibility Guidelines

  • A completed Skip-A-Payment application must be received 10 days prior to the payment due date.
  • All Democracy FCU accounts must be in good standing and current; previous months payments must be completed.
  • The first three (3) payments of a new loan may not be skipped.
  • This offer applies only to automobile loans, signature (personal) installment loans, and Visa® credit card payments.
  • This offer does not apply to loans that have been 60 or more days delinquent in the past six (6) months or modified/extended in the last 12 months.
  • Skip-A-Payment may be completed if the Overdraft Privilege amount due is within the 30 day repayment period.

 Fees and Terms

  • Skip-A-Pay offer only valid December 1 – 31, 2020 or January 1 - 31, 2021. Members must choose to skip only one month; not both. 
  • Fee per payment skipped is $50.00
  • Loan payment will differ with no penalties or late fees.
  • Interest will continue to accrue on all deferred payments and may extend the term of the loan.
  • Members with bi-weekly notes, or payments, will be able to skip two payments.
  • Payments made via payroll deduction and Automated Clearing House (ACH), will be, if needed, reversed from your loan and credited to your savings account.
  • Payments set up via Bill Pay, Online Automatic Transfer or ACH, will be the member’s responsibility to stop the payment(s) and then restart the payment (s).

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.



CASH-N-GO: Get up to $1,000 Today!*

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.



  • Low fixed rate of 18% APR*
  • Long term options
  • Access to fast cash – up to $1,000*
  • Budget counseling services to help guide and prepare you to achieve financial freedom.


  • 30 days Democracy FCU membership
  • No credit check
  • Must be in good standing
  • Limit to 3 loans in any rolling 6 month period
  • $20 non-refundable application fee


  • No prepayment penalty
  • Automatic payments are encouraged
  • Regulations prohibit refinancing of this loan
  • Repayment term cannot exceed 6 months
  • Loan must be paid in full before another loan is extended


  • Debt protection
  • Skip payment, extension and/or modification programs 

*Certain restrictions apply. Loan disbursement based on member qualifications.