What is a Personal Loan?
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A Personal Loan is used for a variety of purposes such as freeing up cash, home & auto repairs, funding a vacation and much more. |
What are the benefits of a Personal Loan?
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The benefits of a Personal Loan is that it can be used for a variety of purposes, it has a set loan term, a fixed rate and an unchanging monthly payment. |
What can I use a Personal Loan for?
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You can use a Personal Loan for many purposes such as debt consolidation, planning for a vacation, covering unexpected expenses, making home improvements or repairs, vehicle repairs, special events, and much more. |
What are the rates for a Personal Loan?
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Click here for our Personal Loan rates
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Can I use a Personal Loan to purchase a vehicle?
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Yes, you can use a Personal Loan to purchase a vehicle. Although, an Auto Loan may be more suitable and may offer more advantageous terms. Check out our Auto Loan offers here
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Can I draw more money from my Personal Loan?
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A Personal Loan is an established amount borrowed for an established time frame. Although, additional draws are not available, we may be able to look into loaning an additional amount. However, Community First Credit Union also offers additional products that offer this great benefit.
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What is the interest on my Personal Loan?
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To find the interest on your Personal Loan, visit the ‘Loan Details’ page in Online & Mobile Banking. Click here to register in Online Banking, or log into Online Banking. You can also find the interest on your Personal Loan in the original loan document. |
How many more payments do I have on my Personal Loan?
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To learn how many more payments you have on your Personal Loan, you can call our Member Experience Center's Solutions Representatives at 904.354.8537. They can provide the specific details of your loan and discuss the many loan options that Community First offers. Click here to find your closest branch location or call our Express Team at 904.204.9077. |
How do I pay my Personal Loan?
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Community First offers multiple ways to make your payments. Click here to view payment options |
Can I pay ahead on my Personal Loan?
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Yes, you can pay up to 90 days in advance on your Personal Loan. Any additional payments that are made outside of the monthly payments will be applied to principal and any outstanding interest owed. Interest will still accrue during the time between payments. |
Will I receive a penalty/fee for paying off my Personal Loan early?
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No, you will not receive a penalty or fee for paying off your Personal Loan early. There are not any pre-payment penalties on any of our Consumer Loans at Community First Credit Union.
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