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Build Credit When You Borrow
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ASI is aware of the everyday demands that you encounter in your lives and we would like to help reduce some of them for you. Trying to balance school, work, families and finances is enough to overload anyone. ASI understands your situations and has designed a new product to help. The Credit Enhancement Plan is designed to assist members who may not meet standard loan requirements in obtaining a line of credit up to $3,000 based on their credit application. Just look at all of the benefits/features that you can receive if you go with this plan: |
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Benefits/Features: |
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The line of credit will provide overdraft protection on your draft accounts |
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ATM usage for either savings or checking accounts is free |
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Checking accounts will have no monthly fees |
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3 free withdrawals instead of the customary 2 free withdrawals |
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Travelers checks (single signature only) will be available at no charge |
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A built in "skip-a-payment" for the December payment due in January |
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15% APR** on loans |
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The cost of participation in the plan is $4.00 per week |
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* APY - annual percentage yield
** APR - annual percentage rate |