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Kick Back With A Summer Celebration Loan!
MECU is making waves with the return of our popular Summer Celebration Loan! You can borrow up to $10,000 with repayment terms up to 60 months at a rate as low as 7.95% APR.* Use this sizzling special loan to:
- Take a summer vacation
- Landscape the yard
- Work on home improvements
- Finance wedding or graduation expenses
- Buy back-to-school supplies
- Consolidate bills
- And much more!
Like summer itself, this loan special is only here for a limited time. Contact the Loan Department at any MECU office or apply online by August 31, 2023!
* Annual Percentage Rate effective June 1 through August 31, 2023. Rate based on approved credit and credit union relationship. Summer Celebration Loan is not available for refinancing existing MECU loans. Qualification for unsecured credit required. Payment example: A $10,000 loan over 60 months at 7.95% APR will have monthly payments of $20.25 per thousand borrowed.
| Minimum Amount | Term | APR* as low as |
|---|---|---|
| $100 | Up to 60 Months | 7.95% |
| Payment example: $5,000 loan with a 60 month term at 7.95% APR would be $101.26/month. *Annual Percentage Rate. Rate includes a .25% discount for direct deposit and may vary based on credit history. Please call the Credit Union for the most current rates and more details. Rates are subject to change at any time without notice. | ||
Revolving Credit: Access A Personal Loan Whenever You Need It
From do-it-yourself projects around the house to travel expenses, tuition and more, Michigan Educational Credit Union's Revolving Credit Personal Loan, with a rate as low as 9.95% APR*, is up to the task. Once approved for a credit limit, you can tap into this versatile loan at any time.
You can access your available Revolving Credit Personal Loan limit:
- Through Internet Home Banking
- Through Mobile Banking
- At any CO-OP Network ATM
- By contacting the Loan Department at any MECU office
To apply for a Revolving Credit Personal Loan, contact the Loan Department at any MECU office or
| Minimum Advance | Repayment | Minimum Payment | APR* |
|---|---|---|---|
| $50.00 | $30 per $1000 borrowed | $30.00 | 9.95% |
| * Annual Percentage Rate. Please call the Credit Union for the most current rates. Rates are subject to change at any time without notice. | |||