Freedom Loan

We know that it can be difficult to come up with a strategy for getting out of debt when your monthly payments start adding up. Bay CU wants to help you reduce your debt one bill at a time to achieve financial freedom!

How it works:

• Transfer your smallest debt to our Freedom Loan 
• Pay your normal monthly payment and every time you find an extra dollar, add it to your Freedom Loan
• Move your next smallest debt to your Freedom Loan
• Pay your normal monthly payment + the monthly payment you made on your first Freedom Loan + any extra dollars you find
• Continue the process until all debts are paid