Call us today to get started! 301.817.1200
*Quick Draw Loan Payment Example: If you deposit $75 from a $750 Quick Draw loan to a savings account with the Credit Union, we’ll lower your interest rate to 18% APR*. Otherwise, your rate will be 24% APR. The total cost for a loan of $750 for five months would be either $54 or $67 including the $20 application fee, depending on whether you elect the savings option, and your monthly payment would be $156.83 or $159.14, respectively.
** There is a $30 service fee for each skipped payment, and interest will continue to accrue on your loan(s) and the loan term will be extended. Home Equity loans, Home Equity lines of Credit, First Mortgage Loans and VISA® Credit Cards are not eligible for the Skip-a-Payment program. Restrictions apply.
+ APR= Annual Percentage Rate. Rates are subject to change without prior notice and are based on borrowers’ credit score. Certain restrictions apply. Other programs available. Payment example: for this special repayment would be $178.40 per month.