Star of Texas Credit Union Holiday Programs
This season, we’re offering two ways to make your holidays brighter! Take advantage of our Holiday Loan Program and/or our Skip-a-Payment Program. 🎉
🎁 Get a Holiday Loan
Get up to $1,200 to help with gifts, travel, and other holiday expenses. Relaxed approval criteria make this loan option more accessible. Program runs November 25 – December 31.
- Quick Application: Complete an application at Star of Texas Credit Union starting November 18.
- Loan Amounts & Terms: Borrow up to $1,200 with a repayment period of up to 12 months.
- Interest Rates: Starting at 11.90% or 14.00%, depending on your credit profile (as of October 24, 2024).
- Approval Criteria: Relaxed guidelines to help more members access funds for the season. Approval is based on individual creditworthiness.
- Flexible Repayment Terms: Manageable repayment options to fit your budget.
Eligibility:
- Loans must meet creditworthiness standards, and members must have a minimum positive balance of $25.
- Only specific loan types qualify; certain products are excluded.
Additional Restrictions:
- Loan amounts and rates are subject to credit approval. Rates and terms may change, and additional restrictions apply.
🌟 Skip-a-Payment
Keep more cash in your pocket when you need it most! For each loan you have with Star of Texas, you can skip up to two payments a year. The holiday season is a popular time for members to defer payment and use that money for holiday shopping, travel, or other expenses. Program runs November 1 – December 31.
- How It Works: Complete and sign this form to apply (approval required).
- Program Fee: $25 per loan, deducted from your Checking or Savings account. Fees are disclosed in our Fee Schedule and may change.
- Interest Accrual: Finance charges continue to accrue on unpaid balances during the deferment period.
- Loan Term Impact: Skipping a payment extends the final loan payment date for each skip-a-pay granted. Members remain responsible for their total debt.
Eligibility:
- Loans must be in good standing with at least six consecutive on-time payments and a positive balance of $25.
- Skips cannot be consecutive; members are limited to two skips per loan per year and a maximum of five skips over the life of the loan.
- Ineligible Loans: Mortgages, home equity, credit cards, and certain other loans do not qualify.
Additional Restrictions:
- Skips must adhere to program guidelines, and additional restrictions may apply. The credit union reserves the right to determine eligibility based on account history.
🎉 Ready to Apply? 🎉
Visit a branch or call us at 512-458-8253 to learn more about these seasonal offers! Let us help you make the most of this holiday season, with flexible options to fit your financial needs.
Complete this Skip-A-Payment form or pick one up when you visit.