Are you looking for a credit union that can offer you cheap rate loans to consolidate your debts? If you are then look no further than Kingsport Press Credit Union. This credit union is very popular among its members. Kingsport Press offers cheap loans to its members at low interest rates. Moreover, the members of this union also enjoy many privileges such as reduced borrowing costs, zero introductory rate cards and so on.
To apply for Kingsport Press Credit Union, simply fill out the Application attached with the Application Form and either mail or fax it to: Kingsport Press Credit Union, one – 7th Floor, Shields Road, kingsport – previous name, phone number and e-mail address. Alternatively, you can visit their website on the Internet. If you prefer to apply online, you need to follow the same steps listed above. You will receive an Application Form and a Free Loan quote from them. Compare their loan quotes and choose the best one that suits your needs and financial condition.
The beauty of this kind of loans is that they have zero percent APR (APR). Hence, you will be able to pay off the loan in very less time, which will save you a lot of money in the long run. In addition, you get to merge all your high interest loans into a single manageable loan which can be repaid easily. The new loan also comes with low and long term interest rates, which you cannot find any other lender or credit union offering you these kinds of loans.
To apply for Kingsport Press Credit Union, you must have a checking account, a personal computer and a fax machine. Also, it is important that you are at least 18 years old, employed in a regular job and have a steady source of income. This type of loans is not offered to students or those who have bad or no credit history.
When you apply for a loan from Kingsport Press Credit Union, the first thing that they will do is check your credit record to know whether you meet their criteria for lending. The application is evaluated to assure the lenders that you are a reliable borrower. You may expect the loan approval within five business days. Once your loan is approved, you will get a confirmation mail, usually through registered mail.
Now, how much will you get? Usually, the lending institutions in Kingsport offer loans up to one thousand dollars. There are also some institutions who offer loans up to fifteen thousand dollars. However, the limit of credit granted to you depends on your credit union’s policy. Some credit unions offer competitive packages to attract borrowers, while others limit the number of credit cards, consumer accounts and auto loans you can avail of. The interest rates on a Kingsport loan depend on the credit union and the terms and conditions stated in their contract.
Although the interest rates on this type of loan are quite high, the convenience and time-saving feature of getting such loan approved without visiting any bank is a major benefit. If you are having problems managing your credit card debt or other outstanding debts because of financial hardships, then you should consider applying for a credit union loan. This type of loan helps you make your monthly payments on time so you can eventually eliminate your credit card debt and be able to enjoy relief from high monthly interest costs.
Now that you have learned about Kingsport Press, you will know what other credit unions offer. These other credit unions have different lending programs for homeowners. By checking them out, you will be able to decide which one will be suitable for you. You will also be able to determine whether or not you need an advanced credit union loan, especially if you are planning to apply for Kingsport loans and credit cards.