No, if you pay off your loan early, you will only pay the interest accrued up to that point.
Yes, all lenders have their own underwriting policies and guidelines. Here at Oklahoma Community CU, we are very lucky to be a member-owned credit union that is proud to help a lot of members who might not qualify at other lending institutions. It's what we do!
We offer “share secured loans” which means you pledge a certain dollar amount of your savings or Certificate of Deposit and get a loan for that amount. The funds can be used for anything you’d like, and you make payments just like you would on a regular loan. What’s more—the rate that you get [...]