The Fair Concept (Future Adjustable Interest Rate)
Adjustable rate consumer
loans made by RiverLand Credit Union are subject to the "FAIR" concept,
or Future Adjustable Interest Rates. As loan interest rates are adjusted to reflect
changes in the overall economic market, the term of your loan will be adjusted
- longer or shorter - to compensate for the loan rate change. Loan payments,
however, will remain the same for the duration of your loan. Loan rates are determined
by the Board of Directors.
* These rates and terms are available to qualified borrowers
for a limited time only. All rates are adjustable unless noted, and are subject to change at the discretion of the Board of Directors. Refinancing is available only on vehicles currently
financed elsewhere. Restrictions and limitations apply. Call for details.
Apply for a loan online... it's quick, it's easy!
Understanding your
Credit Score
Click here for information on understanding your credit score
Need Extra Cash for the Summer?
You can add some extra cash to your summer budget this year by taking advantage of Skip-A-Pay, our offer for you to postpone making one month’s payments on your qualifying* RiverLand loans. Skip-A-Pay is a great way to get extra cash for your summertime shopping, traveling, home projects, or to help pay for back-to-school expenses.
