| |
 |
|
| |
Save While You Pay
|
|
| |
Are you in need of a loan, but you do not meet the standard requirements? How would you like to make a loan and save money at the same time? ASI has the answer, the Asset Builder Loan. The Asset Builder Loan allows you to make a loan from $500 up to $3,000 based on your credit application. An Asset Builder Loan will allow you the following benefits/features: |
| |
 |
A savings account will be established to provide additional funds for the member |
| |
|
The loan payment and required deposit will be $50 per $1,000 per month |
| |
|
Money deposited into the savings account will earn 5% APY* interest |
| |
|
After all payments have been made on time, the funds will be available when the loan is equal to the savings account balance |
| |
|
15% APR** on loans |
| |
* APY - annual percentage yield
** APR - annual percentage rate |
