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MORE LOANS |
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SHARED SECURED LOANS |
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What is a shared secured loan? A shared secured loan is one a member can receive by using money from their shares or other deposit account as collateral. |
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HOW IT WORKS |
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A Member, wants a loan for $5,000. The Member's balance is $10,295.97 . Tex Mex Credit union will loan member $5,000 against his shares at 7.5% A.P.R. Available balance in shares: $5,295.97. All total shares of $10,295.97 will earn dividends at our current dividend rate. |
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You can apply for any amount, as long as the money is in one of your share accounts. Instead of cashing your check, deposit the amount in your shares, and get a worry-free, no hassle SHARE SECURED LOAN. |
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Nowadays, it seems as if credit card rates are going up all over the place. Not at TMCU! We offer a fixed rate of 13.9% A.P.R. While everyone is in a hurry to raise their rates, we are here to help with a TMCU MASTERCARD. |
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Visit our Contact Page for more information and disclosures on these accounts. |
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