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Follow on Google News | 121 Financial Credit Union Offers 8% Spring LoansWith the beginning of Spring and customers involved with home improvements, 121 Financial Credit Union is now offering a short-term 8% APR fixed rate Spring Loan for those who qualify.
The loans are for $500 - $2,500, but higher amounts are available at higher unsecured loan rate. It has a 12-month term, designed so that the payments would not be too large and so it can be paid off before next spring. There are no restrictions as to what the money can be used for. “People are looking to fix up their yards or make repairs to gutters and sidewalks, or even new carpeting. So they need a little extra cash to over the expenses,” explained 121 Financial Credit Union CEO William Braddock. “With our Spring Loan, we’re able to offer customers access to cash at a lower rate than what they would spend using a traditional credit card. That’s how we give our customers an edge on savings with the cash they need.” The Spring Loan is available to customers until May 31, 2012. Customers can apply for the loans at any of the 121 Financial branches. Additional information about the loan and other financial services is available on the website at 121fcu.org. 121 Financial Credit Union offers full banking and loan services to any individual and small business located throughout Northeast Florida. Established in 1935, 121 Financial Credit Union has over 36,000 members. Deposits are federally insured by NCUA. For more information, visit 121fcu.org. -30- # # # 121 Financial Credit Union offers full banking and loan services to any individual and small business located throughout Northeast Florida. Established in 1935, 121 Financial Credit Union has over 36,000 members. Deposits are federally insured by NCUA. For more information, visit 121fcu.org. End
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