During times of financial hardship, we understand the need of quick funding for immediate expenses. If you've been financially impacted by unforeseen circumstances, we're here to help. Beacon's Emergency Relief Loan offers loans up to $1,500 at a low interest rate of 5% APR. On top of that, you can delay your first payment up to 90 days.
Beacon's Emergency Relief Loan offers:
- 90-day delayed first payment
- Loans from $500-$1,500
- Low 5% APR*
- 12-month loan term
Opening an Emergency Relief Loan is quick and easy. Either apply online and select personal loan with the purpose of Emergency Relief or visit a Beacon branch.
*Annual Percentage Rate. This loan is intended for those financially affected in some way due to the Covid-19 pandemic. Subject to credit approval. Available only to members in good standing who are not 30 days or more past due for any loan or credit card account. Example of payments on a personal loan of $1,500 with a repayment term of 12 months at 5% APR and first payment due 90 days after the loan is established: 11 payments of $129.40 per month; final payment of $129.56. Offer expires June 30, 2020. Offer may expire earlier at the credit union's discretion. Interest will begin to accrue immediately upon disbursement.Federally insured by NCUA.