RESCU EDUCATIONAL ASSISTANCE
Need some money to assist with school, but don't want to get a big loan from Sallie Mae or another financial institution you can't have face-to-face contact with??
Now RESCU has an Educational Assistance Line of Credit with rates as low as 4.86% APR*!
This revolving loan is to assist yourself or co-sign for another member, who is a student of a higher learning institution.
Term & Rate Information:
- Member must re-qualify every 5 years
- Maximum loan value- $10,000 (depending on FICO score)
- Member must have a credit (FICO) score of at least 650 or higher
The student must provide annual proof of enrollment at the institution of learning. Other conditions apply. Contact your RESCU loan officer for your specific conditions.
Note on rates: All rates shown are APR* = Annual Percentage Rate. Your loan rate will be customized by taking into consideration your credit rating (FICO score) and can be further discounted based on your activity level with the credit union and other things. Your RESCU Loan Officer will do everything necessary to ensure you receive the very best RESCU rate available based on your personal situation. You will find that RESCU’s rates are very competitive; in addition, RESCU will usually match, and often beat, rates offered by other financial institutions. We will always do the very best we can for you. Talk to your RESCU Loan Officer for more details on loans and your personalized rate(s).