If you’re affected by a temporary government shutdown or interruption in pay, Penn East Federal Credit Union is here to help.
Loan Features:
-
Borrow up to $5,000
- 12-month term
- 0% APR for the first 60 days, then rates as low as 7.99% APR**
- No payments for the first 90 days
- Skip-A-Payment: available on existing loans
- Fast approval and local decisions
Eligibility: Available to active employees who experience a verified interruption in pay due to a shutdown, furlough or strike.
How to Apply:
Contact us by calling 570-342-2720, stopping at a local branch or apply online now!
Quick decisions and local service from a team that understands your situation.
**APR = Annual Percentage Rate. Loan approval, rate, and term based on creditworthiness. Example: A $1,000 loan for 12 months at 7.99% APR would result in a monthly payment of approximately $87.03. 0% APR applies for the first 60 days; after that, the rate will revert to the qualified loan rate. Payment deferral for the first 90 days is available; interest will continue to accrue during the deferment period. Full details are available at the credit union.
Skip-a-payment: excludes First mortgages, home equity loans, home equity lines of credit, commercial loans, student loans, and credit cards . Employment verification and proof of income interruption may be required. Offer valid for a limited time. These offers are not available once the job interruption has ended. Federally insured by NCUA.
