Life Event Lending
Financial objectives aren’t one-size-fits-all. Michigan First Credit Union will allow you to navigate life’s moments. We now have a loan for each fantasy and each need.
Our unsecured loans can be properly used for:
- Life phases such as for example a marriage, a unique child, educational costs, or a home that is new
- Unexpected Activities such as for example a medical procedure, the passage of a family member, the increased loss of a task, or car repairs
- Residing Your most useful Life with house updates, travel, debt consolidation, a unique car, and on occasion even a ship
What’s a full life occasion loan anyway?
Here is the loan can help you whatever you want with (so long as it is legal). If approved, you’ll borrow a set amount and possess planned monthly obligations with a set rate of interest. As opposed to placing large costs on the bank card, utilizing a loan that is personal offer you lower interest and predictable re re payments.
Imagine if I don’t have stellar credit?
By having a Savings Secured Loan, you employ your checking account as collateral to simply take down that loan at the lowest rate. You can easily borrow any such thing from $500 as much as the total amount in your checking account. The Savings Secured Loan is excellent for folks who need certainly to build their credit back around be eligible for a bigger loan!
May I get a line that is personal of?
Yes, our Signature personal credit line is an excellent choice if you want some more money. It’s a preset credit limit as you are able to draw from at any time. We provide a hard and fast rate of interest and access via on the internet and banking that is mobile. Take pleasure in the satisfaction which comes from knowing you have got money that is extra!
With a loan that is customized Michigan First, you can easily arrange for both the anticipated and unforeseen.
Sometimes, you merely require some cash that is spare. Michigan First’s Skip-A-Pay option make that take place. Qualified people can skip one loan re payment between February and October, and when once again in December. Skip-A-Pay expenses $60 for a home equity loan and $40 for many other loan types – but you may get this cost waived with MoneyPerks points.
How will you be eligible for a Skip-A-Pay?
Read the FAQs for details. Trust us, it is a tool that is great have in your straight back pocket for per month if your spending plan is extended just a little too tight.