LUBBOCK, Texas – Texas Tech FCU is helping students beat the rising costs of gas by teaming with the University to offer students interest-free loans up to $500 to buy a bike this fall.
The one-year loans will be offered to any students who buys the bike at a local shop.
The credit union is trying to guarantee a 24-hour-period turnaround on the loan.
In addition to the advertising done at local bicycle shops, there will be a booth set up during welcome week this fall.
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