Eglin Federal Credit Union
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Savings Assistance Loan (SAL)

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Savings Assistance Loan (SAL)

Some people who fall short of their goal to save funds for emergencies find it easier to make a loan payment than to set aside savings. EFCU offers a Savings Assistance Loan that enables individuals 18 and older to receive up to $2,000. The funds are deposited into savings, and the member pays the loan with a low monthly payment and at a low interest rate.

With a good repayment record, the S.A.L. is a great way to rebuild your credit or establish new credit as this information is reported to the credit bureaus.

To learn more or to apply for a SAL, visit the loan department nearest you or call us at (850) 862-0111.

Approximate Repayment Period APR* Max Loan Amount
42 Months 5.00% $2,000
Maximum Loan Amount and Restrictions


* APR = Annual Percentage Rate
The above rates are current as of Wednesday, March 29, 2017 and are subject to change.


   
SAL Loan Payment Calculator
Amount of Loan $  
APR*   %
Term of Loan   Months
Monthly Payment $  
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NCUA  We do business in Accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.


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