Ride the Wave Of Debt Relief with Spirit Financial!
Feeling the stress about high-interest debt? You're not alone. Variable credit card rates have risen to an astonishing 24.46%². Our tailored personal loan solution ensures borrowers can smoothly navigate debt challenges, paying off high-interest balances sooner and for considerably less. Take a look at our comparison table below to see how much you can potentially save!
Personal Loan vs High Interest Credit Card
| Credit Card² | Personal Loan* | |
|---|---|---|
| Current Balance | $10,000 | $10,000 |
| Monthly Payment | $300 | $300 |
| Interest Rate | 24.46% APR² | 10.24% APR* |
| Months to Pay Off | 57¹ | 40 | Total Interest Paid | $6,913¹ | $1,816 | Total Amount Paid | $16,913¹ | $11,816 |
Benefits of Personal Loans
No collateral required
Loan amounts of up to $35,000*
Fixed, low interest rate
Flexible terms up to 60 months
Affordable, fixed payments
Consolidate high-interest debt
Easy application process
Personal Loan Rates
Effective Date (11/09/2020) and Rates Subject to Change.
| Balance Tier | APR* |
|---|---|
| Up to 24 months | as low as |
| Up to 36 months | as low as |
| Up to 60 months | as low as |
Have personal loan questions? text or call a Loan Officer at (267) 580-0230 or Email Loans@spiritfinancialcu.org.
* APR = Annual Percentage Rate. Rates are for qualified borrowers and are based on the creditworthiness of the individual. Total loan amount and loan term will vary based on the creditworthiness. Loan terms available from 12 to 60 months.
¹ Calculated using 24.46% APR and could be higher if you qualify for a higher rate.
² High-interest credit card information gathered from lendingtree.com as of October 25, 2023, and subject to change. Credit cards offered by other institutions may have different rates and terms.