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FAQs

Reverse Christmas Club Loan

  1. A Reverse Christmas Club loan is a short-term loan designed to help our members pay for holiday expenses without using a high interest credit card. 

  2. The annual percentage rate on a Reverse Christmas Club loan is 3.99%. 

  3. You can borrow up to $2,500 with a Reverse Christmas Club loan.

  4. The term on our Reverse Christmas Club loan is 12 months. 

  5. Your monthly payment would be determined by the amount you borrow.  Here are some examples (This is an illustration only):

    Amount BorrowedEstimated Monthly Payment based on Annual Percentage Rate of 3.99%
    $500$43.00 per month
    $1,000$85.00 per month
    $1,500$128.00 per month
    $2,000$170.00 per month
    $2,500$213.00 per month

     

  6. The maximum loan amount is $2,500.

    • Save money - Compare the 3.99% Annual Percentage Rate to your favorite credit card. 
    • Convenient - Apply online, in person or by phone.
    • Save time - Receive an answer in one hour or less (during normal business hours).