JACKSONVILLE, Fla. – 121 Financial CU is offering members a short-term 8% fixed-rate Holiday loan to help them finance holiday shopping, starting on Black Friday.
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The loans are for $500 to $2,500 for 12 months, designed so that payments will not be too large and so the loan can be paid off before next holiday season.
“Budgets are tight at the end of the year, but people still need cash to get them through the holidays,” said William Braddock, president of 121 Financial.
The Holiday loan is available until Jan. 31.
121 Financial was formerly known as Florida Telco.
