Build your savings while covering your unexpected expenses.
Jump Start Loans at your friendly neighborhood credit union in the Roanoke, VA and Lynchburg, VA areas
Are you trying to grow your savings, but unexpected expenses keep wiping it out? How would you like to be able to cover emergencies and save all at the same time? Blue Eagle Credit Union offers a unique opportunity to help you do that with a Jump Start personal loan.
HERE’S HOW IT WORKS:
Bring us your savings up to $2,000. We’ll open a special Jump Start Savings account for you and deposit your savings into your new account. For example; let’s say you have $600. We hold your $600 deposit and lend you $900 (150%). You pay us back in equal installments over the next 12 months. If you’re paid bi-weekly, your bi-weekly payment would be $46.42. At the end of the twelve months, your loan will be paid off, your Jump Start Savings balance will be more than $860, and you can now borrow up to $1,290 (150%) or choose not to borrow and continue to save on your own.
HERE’S HOW TO QUALIFY:
- Be a member in good standing with Blue Eagle Credit Union,
- Be on the job for at least one year,
- Have your direct deposit coming into your Blue Eagle Credit Union checking account, and
- Have your Jump Start payment automatically deducted from your Blue Eagle Credit Union checking account.
HERE'S HOW TO TAKE THE FIRST STEP:
We understand that saving is difficult. We want to make it as simple and easy as possible. Simply click below to apply online for your Jump Start personal loan, call us at 1-800-342-3429, or stop by one our branches to apply in person.