PLATINUM Borderline Loan

 

Border Federal Credit Union's Platinum Borderline Loan

 

For members who qualify, BFCU will offer a Platinum Borderline loan.

• Loan Amounts of $10,000.00 or $20,000.00 
• Interest Rate is 9% APR** with Direct Deposit and Automatic Loan Payments. 
• Interest Rate is 10% APR** without Direct Deposit and Automatic Loan Payments. 
• Can be Accessed automatically for Overdraft Protection to your Checking Account
• Cash Advances can be made through an ATM

The greatest feature of this new loan is the monthly payment is based on your current outstanding balance.  Each month, the payment required is only 3.5% of the outstanding balance with a minimum payment of $35.00. This means, if your outstanding balance is only $1,000.00, or less, your current payment due is only the minimum payment required, or $35.00. If you owe $1,200.00, your current payment due is only $42.00.

*Annual Percentage Rate (APR**)

*Subject to Credit Approval. Certain Restrictions apply. For more information contact us today at (830) 774-LOAN!