Don’t get caught off guard! Protect your financial picture!

With so much uncertainty, are you concerned with the impact it could have on your cash flow?

Do you have an emergency savings account? Most people don’t, so let’s see what CU Denver can do to help!

Here are three ways to possibly reduce your monthly expenses and help with cash flow.

Vehicle Equity Loan

Did you know that if you have a vehicle worth more than you owe on it, you may be able to refinance it to take cash out up to the retail value, which will provide flexibility with your cash flow.
Call us at 303.202.5659 | 800.280.0234 to reach our Financial Services staff.

             Example:

             2003 Honda Accord Coupe EX with 114,000 miles has a retail value of $4300.
If you own this vehicle free and clear, you may be able to cash out up to the retail value.

             2015 Ford F150 Super Cab XLT with 75,000 miles has a retail value of $23,150.
If you owe $16000, you could refinance it to take cash out of up to $7,150.

Refinance a Vehicle Loan – Auto, Motorcycle, RV or Truck

Did you know that we refinance vehicle loans to help our members by extending terms or perhaps lowering the interest rate? Let us know what you need and we will do all we can to help you with your situation and hopefully better your cash flow.
Call us at 303.202.5659 | 800.280.0234 to reach our Financial Services staff.

Home Equity

Use the equity in your home to help offset expenses and pay off higher interest bills.
Our HELOC (Home Equity Line of Credit) has a 1% repayment term. This could increase your cash flow by setting the payment off for 30 days and reducing the other bills in your budget. While it does have a variable rate, you only pay for the portion you use. Check out our current special on our HELOC’s.

2nd Mortgages offer a fixed rate and a steady payment for a fixed term

Our 1st Place Mortgage is great for refinancing first mortgages that have less than 30             years on their mortgage term left.

We have lots of ideas on how to help you structure your budget with debt and assets. These can be a long or short term adjustments. While we are all going through this unprecedented time with the COVID-19 scare, it is important to review and adjust in order to survive these limited time impact issues.

Call us at 303.202.5659 | 800.280.0234 to reach our Financial Services staff.

All examples are guides for understanding and depict an offer to apply.
With Approved Credit. Equal Opportunity Lender.