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Slip up on your budget last year?

No need to panic. A rebalanced budget is possible.

Accidents happen. Especially when it comes to your finances. One of the best ways to get back on track is to combine your high-interest debt, like store credit cards, into one single payment at a lower interest rate. Trust MIT Federal Credit Union’s low-rate personal loan to help you simplify your life with one easy place to pay off your debt.

  • Turn multiple payments into one, low monthly payment
  • Get a low interest rate of 6.00% APR1 for 12 months
  • It can boost your credit score quickly by reducing your credit utilization rate
  • Pay off your debt faster with a shorter payback period
  • With automatic payments2 you can stress less about paying on time
  • Applicable for loans $500-$25,000

And, when you apply now through March 15, 2022, you’ll be automatically entered to win $500!3              

We will be doing two drawings. One on February 17th and one on March 17th! See rules below.

So, what are you waiting for? Dust off the old budget and start fresh with our Debt Consolidation Loan!

Balance Your Budget and Apply Today

Personal Loans

¹APR=Annual Percentage Rate. The rates shown reflect those available for a highly qualified credit candidate with autopay. Rates may vary based on individual creditworthiness. Rates are subject to change without notice. 

²Automatic loan payments (autopay) results in a 0.25% APR reduction all Personal, Student, Auto, Motorcycle, Trailer, Boat, and RV loans are eligible for an ANNUAL PERCENTAGE RATE reduction of 0.25%. (Not applicable for Tuition Assistance Loans)

MIT FCU does not charge for the autopay service.

Discontinuing autopay will result in the loss of promotional 0.25% ANNUAL PERCENTAGE RATE reduction, increasing remailing payments’ ANNUAL PERCENTAGE RATE. Example: a loan of $1,000 at 5.75% for 12 months. If autopay was cancelled during the term, the rate would increase by 0.25% (going to 6.00% APR) for the remainder of the term and the payment would increase by 0.11.

³Loan must close and fund by 4pm EST on 2/15/22 or by 4pm EST on 3/15/22 in order to be eligible to be entered into the specific contest to win $500. One name will be picked at random on 2/17/22. Another name from all closed loans between 1/11/2022 and 3/15/2022 will be selected on 3/17/2022. Loans closed prior to the first drawing date will be included in the second drawing as well. Only one unique winner per drawing. The winner of the first drawing will not be included in the second drawing. Contest not open to MIT Federal Credit Union employees and immediate family members. Must be a lawful resident of the United States and be 18 years of age or older. For complete set of contest rules click here.

Alternate Method of Entry:

To enter this contest, please provide a 3x5 card with your name, date of birth, daytime telephone number and mailing address.Include the words “Debt Consolidation Loan Giveaway” within the card and mail to the following:

MIT Federal Credit Union
70 Westview Street
Lexington, MA 02421

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