New Automatic Payment Loan Discount
Setting up automatic payments helps to reduce late payments which can report on your credit for quite a while after they occur. We are encouraging our members to use their accounts at Your Legacy for this purpose to help you keep it all in one place. If you have a qualifying new loan or are about to refinance yours with Your Legacy, you can save an additional .25% off your interest rate just by setting up interior automatic payments. Direct deposit into your share draft account, then don’t worry about missing another payment and enjoy the discount!
Terms and Conditions of the new discount are as follows:
Must be a new loan or newly re-financed loan with Your Legacy FCU. Must set up an auto-transfer/payment from a new or existing Your Legacy FCU account, either Share or Share Draft to the new loan within 30 days of loan opening. Outside account automatic transfers do not qualify. The advertised discount amount is a permanent .25% on your interest rate, not principle, and can be removed for cause. Automatic transfers must be completed successfully by the due date each month. If an automatic payment fails for insufficient funds or the auto-payment date is changed and processes the payment late, your discount will be removed permanently.
Any questions may contact our loan department at loans@yourlegacyfcu.com, general information desk at info@yourlegacyfcu.com, or call us at 419-448-0191.
