Called the Should've, Could've, Would've loan sale, Servus Credit Union is offering personal loans - for those who qualify - for a leading interest rate of just 5.99% over a five-year term.
Secured personal loans are available from many financial institutions for between 6% and 6.75% and unsecured personal loans for between 7% and 9.5%, depending on the customer's financial situation and standing with the institution.
"Spring is traditionally the time when consumers start thinking about renovating their home or making large purchases such as a car," said Mike Dickinson, the credit union's director of communications. "This is a way for consumers to get whatever they've been putting off."
Servus, recently named one of Canada's 50 best-managed companies, emerged this past November, the result of the amalgamation of Capital City Savings, the former Servus Credit Union and SAFECU Credit Union.
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