Double Your Stimulus!
Stimulus payments are already rolling in and we know you may need just a bit more than is being provided. For a limited time, FedChoice is allowing you to double what you receive from the Federal stimulus payment! When your payment rolls in, we’ll hold on to it for you and give you a loan for double the amount. This partially secured loan comes with a great rate and term! As you make your payments, the funds we have on hold will be released for you to use – it’s a win/win!
We’ll double up to a $2,500 stimulus payment with a $5,000 personal loan!*
- The rate will be 5.10% APR fixed for the life of the loan.
- Choose to pay for up to 36 months.
- Your rate will not change during the life of the loan.
- Borrow for any personal need.
What are you waiting for? Get started today! (Not a member? Click here to get started.)
Add Debt Protection
Don’t let an unexpected change put your family’s finances at risk. Debt Protection covers your monthly loan payments in the event of death, disability or involuntary unemployment. Add this low-cost coverage to your FedChoice Personal Loan today! Click here for all of the details.
*Loan amount is based off of stimulus payment received by member. Lowest loan amount is $1,000 (based on a stimulus payment of $500). Highest loan amount is $5,000. Term to be between 12-36 months. Rate is 5.10% APR fixed for the life of the loan. Stimulus payment will be held as a secured portion of the loan. For example, if a member receives a $600 stimulus payment, FedChoice will provide a loan of $1,200 and hold the $600 stimulus payment. This is a partially secured loan. This offer is available 1/4/21 – 4/30/21. FedChoice may request documentation from the member to prove stimulus payment was received. Secured funds for this loan cannot come from FedChoice loan proceeds. Regular FedChoice underwriting requirements apply.