Holiday Loan vs. Credit Card
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The Holiday season is fast approaching and that can be very overwhelming for some. It can be very busy and expensive. Some people may turn to using their credit cards if they have not saved for holiday spending (wink, wink Summit FCU Christmas Club Savings account). Credit card interest rates are continuing to get higher and higher. You know the holiday shopping credit card statement will be due in January.
Summit FCU is helping with a 1% discount* on our Holiday loan rate. Our current loan rate if considerably less than many credit cards, and the extra discount just makes it even better. The loan can be paid over time and through your employer direct deposit. The discount* is offered in November and December to help you whenever you start shopping!! Apply today!!
*Loan Payment example: Signature Loan: $2000 for 24 months at 8.99% Annual Percentage Rate= $91.70/month payment with a total finance charge of $200.80. 45 days until first payment is due. $1000 minimum loan amount. All loans subject to normal credit approval terms and risk analysis. Some exclusions apply. All rates subject to change without notice. Application must be received between November 1, 2025 and December, 31, 2025. Not available for refinancing of current SFCU loans. New SFCU loans only. Rates apply to new money only. Contact SFCU staff for more information about applicable fees and terms
Posted by Tracy Wells
October 31, 2025