12 Nov

5 Reasons to Get a Holiday Loan

HOliday Loan for Christmas Market

The chaos of holiday season is starting up and if you’re fretting over holiday expenses, RMLEFCU is here to help you. It can feel overwhelming when you start thinking about what you need to buy or where you need to travel over the holidays, and this can leave you feeling stressed out over your budget. Our holiday loan can help you solve the holiday budget crisis and more! Read on to see how getting a holiday loan can save you this season.

Planning Ahead

If your holiday shopping funds and expenses usually run low before the holidays are over, your seasonal budget may be miscalculated. A Holiday Loan can help you to plan and execute a holiday budget as closely as possible. When armed with a solid budget, unforeseen expenses and more often, unexpected sales, we’re more likely to stay on track.

Less Stress

The holidays are stressful enough. Holiday loans give you the cash you need so you can have one less thing to worry about. It gives you a chance to relax and enjoy the holidays with family and friends. When you apply and receive approval, you can have up to 12 months to repay your Holiday Loan. Once your funds are secured, you can follow your repayment plan, and not stress about credit card debt or cutting holiday expenses. Cover all your expenses and relax while doing so.

Know What You Can Spend

While the funds from a Holiday Loan are there to help you get through a busy financial time, we help you ensure that you can afford the payments before finalizing the loan. You may need to change your gift list, shopping plans, social calendar, or travel plans if your monthly budget cannot accommodate the additional amount. We will help you to work out the details so that in one year (or less) you can pay off your loan and be prepared for next year!

Set a Budget

The RMLEFCU Holiday Loan is currently at 5% APR*. This rate is substantially lower than most credit cards and the terms permit repayment for up to 12 months in defined monthly amounts. Resorting to high-interest rate credit cards to cover the cost of gifts or unexpected expenses could wreak havoc on a household budget. A Holiday Loan makes payments predictable and manageable.

Fast and Convenient

Applying for a holiday loan with RMLEFCU is fast and convenient! You don’t even need to make a trip to the credit union. Just simply apply online or give us a call at 303-458-6660. With our credit union’s quick local decision making, you’ll be notified in no time about your approval! Time to brighten up the season with an RMLEFCU holiday loan.

05 Nov

How to Spend your Holiday SlideBy Cash

Holiday SlideBy Present Cash Budget

The Holiday SlideBy may be our most anticipated offer every year! Free up some welcome cash for seasonal needs by skipping loan payments in November or December with RMLEFCU’s Holiday Loan SlideBy.

Complete the coupon — which includes your agreement to pay a $25 processing fee for each loan payment skipped (all loans must be current) — and return it to RMLEFCU. Most consumer loans qualify. (Sorry, no lines of credit, VISA or mortgage loans—see details.)

Once approved, you have the freedom of skipping either your November or December payment — so you’ll have the dough to put some go-go-go in your Ho-Ho-Ho! While you’re waiting for your coupon to be approved, here are a few things you can spend your extra cash on!

Holiday Travel

Holidays are not cheap. Visiting family and hosting dinners can add up. The extra cash you save from your Holiday SlideBy can help alleviate some of the costs and even provide the funds for you to travel this year! The holiday season is all about spending time with friends and family and being grateful. It’s not meant to be about cooking the perfect meal or hosting the perfect party. Focusing on that is going to run you ragged! Relax and have fun with your loved ones this year with a little help from RMLEFCU.

Fix Something That’s Broken

Extra cash means you can finally get fix that broken HVAC unit or get your car checked out! Applying for the Holiday SlideBy means you can have one less payment on a loan. You can put that money toward fixing whatever’s been on the back of your mind. Check one more thing off your list this holiday season with RMLEFCU’s Holiday SlideBy.

Invest in Yourself

The holidays are all about giving, but what about giving back to yourself? This extra cash from our Holiday SlideBy program can give you the extra push to develop a new hobby or take a class! Hobbies are a great way to decrease your stress level. You can use this extra cash to find a local class or purchase the items needed to start your hobby! You can also use this cash to take a class for additional certification in your industry.

Whatever you decide to spend your Holiday SlideBy cash on, RMLEFCU is here to help you free up some extra cash this holiday season. If you have any questions about our Holiday SlideBy process, give us a call at 303-458-6660.