Refinance
As a benefit for our members, MEFCU pays the refinancing fees for vehicle, RV/Boat, personal, and other non-real estate loans that are financed elsewhere. In many cases, we are able to take loans for qualified buyers and lower their rate while keeping the term the same... all for FREE!
Lower your monthly bills, and get the loan paid off in the same amount of time! We have saved our members thousands of dollars per month!Simple Steps:
- Compare your rates to ours.
- If you are paying more, stop into an office to refinance or simply request a loan online.
Payment Protection
Your unexpected accident, disability or death can affect your household's income level and change your family's standard of living in an instant. Three forms of optional coverage are available for qualified members: 1. Credit Life Insurance
- A voluntary form of payment protection designed to pay off an outstanding loan balance in the event a covered member dies before the loan is repaid, up to policy maximum.
- Allows your other life insurance policies to pay what you intended them to pay.
- Single and Joint coverage available.
2. Credit Disability Insurance
- A voluntary form of payment protection designed to make a member's monthly insured loan payment, up to the policy maximum, should they become totally disabled due to a medically determined sickness or injury and are unable to work.
- Helps prevent unforeseen circumstances from changing your financial flexibility.
- Single and Joint coverage available.
Protection that pays.
Your purchase of credit life and credit disability insurance, underwritten by CUNA Mutual Insurance Society, is optional and will not affect your application for credit or the terms of any credit agreement required to obtain a loan. Certain eligibility requirements, conditions, and exclusions may apply. Please contact your loan representative, or refer to the Policy Agreement for a full explanation of the terms.
CDCL-1110-AA6A
Personal Line of Credit Details
The line of credit loan is easily accessed to allow money for any personal situation.
- Maximum limit of $10,000, with each member's limit is tailored to the person's financial situation
- Can be linked to your Checking account for overdraft protection
- Payments deducted from your Checking account on the 28th of each month
Borrow what you need, when you need it!
