Category: Personal Loans

Regardless of the economy, it still might be a good idea to apply for a holiday loan to help pay for things around the holidays.

A holiday loan is usually a short-term personal loan around the holiday season to put a little extra money in your pocket for gifts, trips, and more!

No one needs to tell you to take a vacation. However, RMLEFCU wants to make it easier with our new vacation loans.

Is a short-term loan right for you? These kinds of loans have some definite benefits: the application process is quick and easy, you typically don’t need collateral, and if you pay it off on time it can boost your credit rating significantly. But such loans can also have drawbacks: they typically have higher interest and if you can’t pay the loan back it can send your credit rating through the floor.