A student line of credit features one of the lowest interest rates you’ll find at OPPA Credit Union: Prime rate plus 1.5%.
FEATURES
The student line of credit is offered to all members attending a recognized college or university as a full or part-time student
Your overall credit limit can be as high as $60,000, with annual amounts of $15,000 staggered over a maximum of four years
After graduation, you have six months before you’re required to begin repaying any of the principal you’ve borrowed and your loan is converted to a regular personal loan
INTEREST RATES
Interest only paid monthly while in ‘student’ status
Interest rate is OPPA Credit Union Prime rate plus 1.5% during ‘student’ status
