Take away the stress of holiday expenses with Christmas loans. Relax this holiday season with a low-interest holiday loan. Christmas loans give you the helping hand you need throughout the season. We’re making the holidays brighter!

What are Christmas loans?

As the holidays approach, we all start looking at our budget. Holiday loans are a personal loan used to cover additional costs we often incur during the holiday season. The loan financing provides added money for gifts, visiting, travel, celebrations, food, decorations, and more. A low-interest private loan helps pay for extra costs that often stress us around the holidays. A holiday loan is an unsecured loan, meaning no collateral is needed.

So, take a moment to enjoy the holidays and all the family gatherings. With one simple loan application, you can breathe easy this holiday season.

*Loans are subject to credit approval. Programs, rates, terms, and conditions are subject to change without notice. Offer ends . Maximum $2,000 per household. Membership eligibility requirements apply for new members.

A Money FCU holiday loan allows you to borrow up to $2,000 at 1.99% APR (annual percentage rate). Christmas loans are the perfect vehicle to lighten the borrower’s financial burden. With your new $2,000 spending limit, you have greater purchasing power at the tip of your fingers. The purpose behind a holiday loan is a low, fixed rate loan for a short 1-year loan term that will be paid off before the next holiday season.

A closer look at the interest.

With a $2,000 credit union loan at a 1.99% fixed interest rate, you will pay $2, after interest. Consider if your credit card has the average variable interest rate of as of e one-year period, you would pay upwards of $2,. This figure does not include higher compound interest if you are making only minimum payments. In this case, you save $ with the holiday loan under the same loan terms.

Also, you can save further with compound interest savings and variable rate increase savings. At this price, Christmas never looked so good.

Do you need a holiday loan?

Seasons greetings bring added holiday expenses that can make even the most solid budgets take a financial dip. These added expenses compile quickly from gifts, holiday supplies, family meals, travel, and decorations.

Maybe you think you can stretch your savings account and pay for Christmas with cash on hand. But, let’s stop for a moment and take a closer look. A Christmas loan costs you only 16? a day to get through the holiday hassle-free and worry-free about holiday money sending. Don’t stretch your budget for the holidays. Get this low-cost Christmas loan and enjoy spending while keeping your savings intact. When it comes to pennies on the dollar, those are pennies well spent.

First and foremost, holiday loans are ideal for seasonal shoppers who purchase on their higher interest credit cards. The set loan amount stops you from building uncontrolled credit card debt. Additionally, the set loan term prevents you from paying rollover and compound interest for extended periods of time. You likewise get the added benefit of savings from the low 1.99% interest rate of a Christmas loan instead of the very high interest rates of credit cards. See loan rates online. Now that’s a stocking stuffer to be proud of.

The holiday loan doesn’t cover my expenses. What should I do?

Suppose you’re doing a more considerable holiday surprise that exceeds the $2,000 holiday loan limit. If your expenses are higher than $2,000, you’re looking for a larger loan amount and a longer repayment term. Money FCU has many outstanding loans for you to consider. Please look at our other loan types to see payday loans in Vermont laws what may be a better fit for you.