THE BLOG
01/27/2016 10:44 am ET Updated Jan 27, 2017

Credit Union Ensures That Seasonal Worker Can Heat His Home and Feed His Family

A seasonal worker had to take a loan from a title lender to fix his furnace in the middle of winter. When he came to us and we learned that he was paying $900 a month on a $3,000 loan at an exorbitant interest rate of 300 percent, we were able to refinance the loan and reduce his monthly payment to $300. As a result, he could place food on his table again.