Hello $350 bonus

high-interest rate
personal loan

Refinance and Save

Get $350* when you refi your current personal or debt consolidation loan of $15,000 or more from another lender.

Limited time offer for applications received between
January 1, 2022 and February 28, 2022.

Apply Now

Refinancing your personal loan from another lender with us could lead to a better rate, lower your existing monthly payments, and give you a $350 bonus. Even a small difference in rate could add up to big savings over the life of your loan.

Why you should consider refinancing your Personal Loan at your credit union:

  • Your credit has improved since you opened your loan.
  • Your current rate is higher than the rates we offer.
  • You want a longer term and lower monthly payments.
  • You want a shorter term so you can pay the loan off sooner.

Why Choose TEG For Your Personal Loan?

Along with an easy online application and fast approval process, personal loans through TEG offer a variety of benefits including:
  • Competitive Rates as low as 6.55%** APR
  • Flexible Loan Terms – Up To 60 Months
  • No Application Fee or Hidden Fees
  • No Prepayment Penalties

Got Questions About a Refi?

Apply Now

Here's an estimate of how much a TEG personal loan refi could save you on a $15,000 loan with a term of 48 months!

Lender Rate Monthly Payment Total Interest Savings Over the Life of Loan
TEG 6.55% APR $356 $2,092  
Other Lender 9.99% APR $380 $3,259 $1,167
Other Lender 12.99% APR $402 $4,313 $2,221
Other Lender 15.99% APR $425 $5,403 $3,311
Other Lender 18.99% APR $448 $6,526 $4,434


How much can you borrow?

Personal loans can give you financial flexibility to finance a number of purchases or expenses, to pay off high-interest credit card debt, or to reduce big bill payments.  To refinance a personal loan, you’ll simply take out a new personal loan to pay off the old one — which means you’ll have both a new rate and repayment term.

To take advantage of this $350 limited time offer the minimum approved loan amount is $15,000. The exact amount you qualify for depends on your overall creditworthiness, but at TEG we know you’re more than just a number, so we take more than just your credit score into consideration when you apply for a loan. TEG is one of the few local lenders that offer loan amounts over $30,000.

Amount APR as low as Term
Up to $30,000 6.55% APR Up to 48 months
Up to $30,000 7.49% APR 49 to 60 months
Above $30,000 7.74% APR Up to 48 months
Above $30,000 8.24% APR 49 to 60 months
Don't Just Take Our Word For It
Best bank in the Hudson Valley hands down. Very consumer friendly, customer service is outstanding and will be a life long customer. Zach M.
"Awesome customer service! Very accommodating and friendly...Love this bank. Would highly recommend their services." Ida, TEG FCU Member

Terms and Conditions of Offer

* Maximum amount to be earned is $350. Current TEG FCU loans are not eligible for refinancing with this offer. Valid on personal loans refinanced from another financial institution applied for 1/1/22 through 2/28/22. Loan subject to credit review. Members must be in good standing with the credit union to receive this offer. Once available, cash back will be deposited into member’s account and then these funds will immediately be applied to the first loan payment. Funds earned are considered interest income and may be reported as such on IRS Form 1099-NT. Offer subject to change or be discontinued at any time without notice. See credit union for full details. Offer ends 2/28/2022.

** Annual Percentage Rates (APR) advertised “as low as” and includes a discount of 0.25% for automatic payments for the life of the loan. Rate may vary based on applicant’s credit worthiness and loan term. Rates current as of 11/1/21 and are subject to change at any time. The maximum interest rate is 17.95% APR. Minimum approved loan amount is $15,000.Terms 3 months to 60 months. (Borrower can request shorter term, if desired. Loan subject to credit approval. Monthly payment example: 48 month personal loan estimated at $23.75 for each $1,000 financed.

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