America’s Christian Credit Union Education Loans Review

America’s Christian Credit Union is a not-for-profit credit union with a mission: “To Reach, Serve, and Teach.”

They understand that tuition for higher education can be expensive, therefore, they offer lower rates and fees on private student lending to meet all your needs.

America’s Christian also offers a college checking account and college savings account, along with their education loans and other financial services.

America’s Christian Credit Union Education Loan Review

• Private Student Loans
• Business Graduate Line of Credit
• Student Loan for Parents
• Student Loan Refinance

Eligibility for America’s Christian Credit Union Membership

• Members/attendees and employees of church denominational ministries that align themselves with Wesleyan Christian doctrine.
• Churches, ministries, and schools aligned with Wesleyan Christian doctrine.
• Ministers, employees, members, officers, teachers, students and others in these churches, schools, and organizations.
• Organizations of such persons.
• Employees of ACCU.
• Immediate family members living in the household of an ACCU member.
• In affiliation with approved colleges, universities and seminaries.

Benefits of America’s Christian Credit Union Membership

• Lower loan rates and higher deposit dividends than traditional banks, as it is a not-for-profit credit union.
• Commitment to state-of-the-art technology to simplify your financial life.
• Peace of mind that your deposits are making a difference, helping to extend God’s ministries.

America’s Christian Credit Union Financial Products and Services

Private Student Loans

The purpose of America’s Christian Credit Union Private Student Loan is to fund the difference between the cost of attendance and the amount covered by other lower-cost sources of financial aid, such as scholarships and Federal loans for undergraduates.

• A line of Credit: Line of credit allows you to withdraw funds as per your need, the maximum line of credit is $50,000 for undergraduates.
• Interest Rate: Interest rate of as low as 4% APR assuming you have an excellent credit history(subject to credit approval), much lower than traditional private lenders.
• Loan Term: Loans with total amounts under $40,000 have a maximum repayment term of 20 years. Whereas, loan amounts over $40,000 have a maximum repayment term of 25 years.
  • No prepayment penalty.
  • Zero loan origination fees.
  • Deferred principal and interest while in school.
  • Flexible repayment terms.
  • Typically require a cosigner.
  • Easy one-time application.
  • Maximum rate discount of 0.50% for ACH/automatic payment.

Business Graduate Line of Credit

Pursuing graduation in business can be expensive. America’s Christian Credit Union has financing options available with deferred repayment plans for students enrolled at least half-time in a degree-granting graduate business program.

• A line of Credit: Line of credit allows you to withdraw funds as per your need, the maximum line of credit is $30,000 for graduates.
• Interest Rate: Interest rate of as low as 4% APR assuming you have an excellent credit history(subject to credit approval), much lower than traditional private lenders.
• Loan Term: 20 or 25-year loan repayment terms available.
  • Zero loan origination fees.
  • Deferred principal and interest while in school.
  • Flexible repayment terms.
  • Easy one-time application.
  • Maximum rate discount of 0.50% for ACH/automatic payment.
  • No prepayment penalty.

Student Loan for Parents

Student Loan for Parents is for families looking to fund their child’s higher education. It allows parents, family members or friends to help a student cover education-related expenses so they can focus on their studies without having to worry about financing their education.

• Available for parents, family members or friend of the student.
• Loan Amount: Loan available up to $25,000.00 per school year minus financial aid received.
• Loan Term: 5 to 10-year loan terms available.
• Interest Rate: an Interest rate of as low as 4.62% APR, assuming you have an excellent credit history.
  • Zero loan origination fees.
  • No prepayment penalty.
  • Easy one-time application.
  • Maximum rate discount of 0.50% for ACH/automatic payment.

Student Loan Refinance

America’s Christian Credit Union Student Loan Refinance program can simplify your loan repayment plan as you will be able to refinance and consolidate your private and federal student loans into one manageable loan.

• Refinance one or more education loans in repayment.
• Loan Amount: The maximum borrowing limit is $50,000
• Loan Term: 5 to 10-year loan terms available.
• Interest Rate: Interest rates as low as 2.99% APR, assuming you have an excellent credit history.
• Zero loan origination fees.
• Flexible repayment terms.
• Easy one-time application.
• The borrower must have graduated.
• No prepayment penalty.
• Discount of 0.50% for ACH/automatic payment.

Conclusion

America’s Christian Credit Union Education Loans are ideal for American Christian students and their parents. They offer affordable student loans for undergraduates in pursuit of graduation, graduates in pursuit of a business degree, parents looking to sponsor their child’s education and new graduates who want to refinance and consolidate their student loans. They offer flexible terms and easy repayment terms for all their fundings, making it an attractive choice for those looking to make a difference by helping to extend God’s ministries.

Frank Gogol

I’m a firm believer that information is the key to financial freedom. On the Stilt Blog, I write about the complex topics — like finance, immigration, and technology — to help immigrants make the most of their lives in the U.S. Our content and brand have been featured in Forbes, TechCrunch, VentureBeat, and more.

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