The $142 million BluCurrent Credit Union in Springfield, Mo., said demand for its zero interest Holiday Loan program has been strong.
BluCurrent CU's Holiday Loan program offers members with approved credit up to $1,000 at zero interest. Terms are up to 12 months with weekly or monthly repayment options for as little as $19.24 a week.
Within the first seven days of making the loans available, 86 loans have been approved so far totaling $136,000, including other loans cross-sold to members during the new promotion.
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