* 3 Months No Payments, No Interest Offer
To qualify, the loan application must be started between 11/19/2021 and 2/19/2022 and the selected repayment term must be 10 years or less. Upon disbursement of your refinance loan, no payments will be required and no interest will accrue during a three-month promotional period. After this three-month promotional period ends, this loan requires full payments of principal and interest. TCU reserves the right to modify the terms of this offer at any point in the future for new applications.
* $250 Cash Offer
To qualify, the loan application must be started between 11/1/2021 and 1/31/2022. Upon approval and disbursement of your refinance loan, the primary borrower will receive a cash deposit of $250. The cash deposit will be awarded in the form of a deposit to your TCU checking or savings account within 90 business days from the funding date of the loan. The primary borrower must be a TCU member in good standing at the time of deposit. Limit one cash award per borrower. TCU reserves the right to modify the terms of this offer at any point in the future for new applications. Recipient is responsible for any applicable federal, state, or local taxes associated with receiving the cash deposit; consult your tax advisor to determine applicable tax consequences.
** While you may not be required to have a co-signer, it may help you qualify for a lower rate.
☨ APR is annual percentage rate. Payment examples are based on refinancing $15,000 for borrowers with a minimum credit score of 750. Your rate may be different. Variable Rate Details: The APR is subject to increase after consummation. The interest rate will be adjusted quarterly, based on changes to the Index. The APR will not exceed 18.00%, or fall below the Floor rate regardless of the Index or any additional rate discount. Any increase in the Index may increase the APR and the amount of your monthly payment. The "Index" for the quarter beginning October 1st, 2021, is 3.25%, which was the Prime index published in the Wall Street Journal on the first business day of September 2021. Current offered rate(s) are calculated by using the Index, Margin and Floor value(s) in effect. Your specific Interest Rate, Margin, Floor, and/or credit approval depends upon the credit qualifications of the borrower and co-borrower (if applicable). Margin will be disclosed at account opening. Fixed Rate Details: Your interest rate is fixed and your rate and/or credit approval depends upon the credit qualifications of the student borrower or coborrower (if applicable). Your actual rate within the range stated will be disclosed upon approval.
Subject to qualification and annual credit review. All loans subject to credit approval and membership requirements. By refinancing federal student loans, you may lose certain borrower benefits from your original loans, including interest rate discounts, principal rebates, or some cancellation benefits that can significantly reduce the cost of repaying your loans.