Save Your Holiday Spirit!

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! This is a great way to spread some cheer into these coming months.

Learn why you might need a holiday loan and how it works.

Contact RMLEFCU at 303-458-6660 or email for more information.

How Holiday Loans Work

Holiday loans are an unsecured loan that typically has a fixed interest rate, which means it doesn’t change during the life of the loan and is paid off in monthly installments.

Even if the interest rate on a holiday loan is marginally higher than on collateral-backed loans, it still is not as high as the annual percentage rate (APR) that would be on credit card charges.

Do I Need a Holiday Loan?

A holiday loan may be a solution to your debt hangover at the end of the holiday season, especially if you are the type of person who gets carried away. If you go overboard and forget about budgeting during the holiday season – this could be a solution for you.

You can also use your holiday loan to supplement your holiday budget. If you don’t have a dedicated holiday savings account or extra revenue to use in your budget during the months of October, November, and December for gifts, this is a perfect alternative to digging into your savings.

Holiday loans do not have to be used for traditional presents. They can be used for family trips, vacations, holiday festivities, and more!

RMLEFCU’s Holiday Loan

RMLEFCU wants to ensure you and your family have a safe and happy holiday season. Our holiday loan helps you to be able to relax. You can borrow up to $5,000 at a rate as low as 7.0% APR*. For repayment plans, we allow up to 12 months to repay so you can take a breather from your expenses. Contact RMLEFCU at 303-458-6660 or email for more information.

*Annual Percentage Rate = APR. Some restrictions may apply.