Private Student Loans of U of I Employees CU

U of I Employees Credit UnionIf the federal aid is not enough to pay for your education, UIECU’s Private Student Loan will help you borrow an amount of $12,500 annually to cover all of your education expenses.

Its interest rates is only 3.72%. And there is no requirement of origination fee, repayment fee or insurance fee. If you plan to make automatic payments, there is an interest reduction of 0.25%. You’ll be eligible for a lower interest rate if you apply for the loan with a positive credit score. In general, after 48 consecutive repayments, the cosigner can be released.

About

Located in Urbana-Champaign, The U of I Employees Credit Union is a large, full-service credit union offering a full variety of deposit accounts and lending services in Central Illinois.

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Locations

  • 2201 South First Street, Champaign, IL 61820
  • 206 East University Avenue, Urbana, IL 61801
  • 1401 West Green Street, Urbana, IL 61801

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