News & Updates
Created by Houston Firefighters, for Houston Firefighters
The Co-Maker Loan was inspired by the concept of “brother helping brother”. This loan may just be the answer for members who are just beginning their credit history or are trying to fix any credit problems that they may have had in the past.
How does a Co-Maker Loan work?
This is a signature loan that is co-signed by up to 20 active or retired Houston Firefighters (depending on the loan amount) who are members of the credit union in good standing. With a maximum amount of $10,000 and a term of 36 months, this loan is an excellent way to consolidate those high interest credit cards, pay off those old school loans or mounting medical bills.
At a competitive 5.9% APR, a Co-Maker Loan may be just the solution you need to help you when times are rough. Contact us for additional information or to apply. Reminder: When turning in a co-maker application, please allow 5 business days for processing and verification.
APR= Annual Percentage Rate. For a $7,500 Co-Maker Loan, with 20 valid signatures from active or retired firefighters who are HTFFFCU members in good standing and a term of 36 months with a 5.9% APR, the monthly payment will be $228. Some restrictions apply.
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