Do you mind if we get a little personal with you?
In addition to our Freedom Northwest VISA® Credit Card, we also offer personal loans and lines of credit. These can be used for a dream vacation, wedding, tattoo, emergencies, to consolidate your credit cards, or anything else.
With our Personal Loan, you’ll receive the agreed upon lump sum up-front that you’ll then pay back over an equal number of monthly payments based on the APR (Annual Percentage Rate) and the term of the loan. Typically, the longer the term, the lower your monthly payment will be. Just remember, the longer you take to pay back the loan, the more money you will pay in interest charges.
With our Personal Line of Credit, you’ll have access to the agreed upon lump sum, but your monthly payment will likely vary. This is because the payment is based only on the amount you’ve actually used. Your monthly payment is only a percentage of what you’ve borrowed from the line.
The unused portion of the line remains available for when you need it. Interest is calculated on the average daily balance.
Either way, with Freedom Northwest, you’ll enjoy:
- No down payment and no collateral
- Loan amounts up to $25,000
- No prepayment penalties
All we need is your signature, and you’ll have the money you need for whatever reason you need it.
Enjoy the safety, convenience and personal service you won’t find at other financial institutions. Apply for a Personal Loan or Line of Credit online today, or stop by one of our convenient locations for personalized attention. If you have any questions, feel free to give us a call or email us.