Any signature or auto loan will have the interest begin to “disappear” after one year of on time payments. .5% APR will continue to disappear each year that you make payments on time up to 2%.* Click here to get started now!
Transfer those high interest credit cards or loans to a Salem VA Credit Union MasterCard and start paying the principle sooner with 8.0% APR for the life of the balance and no Balance Transfer Fees! ** Click here to start now!
*APR= Annual Percentage Rate. Salem VA Credit Union membership eligibility required. Loan approval based on credit worthiness. This offer may not be combined with any other offers or promotions. Indirect, HELOC and Home Mortgage loans do not qualify for this promotion. Members must qualify to add minimum of $5,000 to existing Salem VA Credit Union loans for promotional rate. The 2% APR will be reduced over a 4 year period at 1/2% APR beginning on the 1st annual anniversary date of the loan and each year thereafter. The interest rate may not be discounted below 2.50%.If the loan becomes 30 or more days delinquent at any time, no future reductions will be applied.
** Offer applies to new and existing Salem VA Credit Union MasterCard credit card accounts and is good January 1, 2016 through December 31, 2016. Purchases, cash advances and existing balances do not qualify and will continue to be assessed at 13.5% Annual Percentage Rate (APR). Finance charges on the transferred balance will be assessed at 8.0% APR for the life of the balance and calculated in the same way as a cash advance. This promotional rate is not valid on existing Salem VA Credit Union loans.