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Like most people, you’re probably looking for ways to reduce your monthly expenses. A good place to start is by refinancing your auto loan, credit card balances and other debt under a lower rate.

The Home Equity Option. If you’re a homeowner, a Central Credit Union home equity loan might be the best option. Consolidate your higher-interest debt under one of our low rates, and you could reduce the amount of interest you’ll pay and possibly lower your monthly payments. Plus, the interest may be 100% tax deductible, which could save you even more. Call us at (708) 649-6420 for details, and consult your tax advisor for information regarding the deductibility of interest.

Trading In Your Auto Loan. If you don’t own your own home and are paying too much for your auto loan from another institution, we can still help. Refinance with one of our low rates, and you could reduce the interest you’ll pay and possibly lower your monthly payments.

And, if you’re a qualified homeowner but would prefer an auto loan to a home equity loan, with our Equity Advantage Option the interest you pay may be 100% tax deductible. Call us today at (708) 649-6420 for more information, and then consult your tax advisor for details regarding the deductibility of interest.

Be sure to use our loan calculator to calculate your payments and total interest with different rates and terms. And don’t forget if you have a credit union Visa, you can redeem 5,000 Premiere Points and reduce your rate by an extra .25%.

Give us a call today at (708) 649-6420 to discuss refinancing opportunities. Or apply online now. With our help, you’ll pay less and enjoy life more.

 

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