Credit unions can now say “yes” to parents who want to help their children pay for their education.
GALVESTON, TX, USA, March 10, 2022 /EINPresswire.com/ — CU REVL LLC (CURevl) announced the expansion of its product suite to include parent loans.
The Parental Loan is designed to give parents, family, or other creditworthy individuals the ability to borrow funds on behalf of a student to help pay for education costs when scholarships, grants, and other financial aid is insufficient.
With an easy, no-fee online application, a repayment term of 10 or 15 years, the choice of two repayment options, and a fixed interest rate, the new Parent Loan is a great option for families.
“Our Parent Loan offers families an alternative to the Federal Parent PLUS Loan,” says Tim Kulesha, COO of CURevl. “Families need to weigh all options such as fees, interest rate, repayment options and loan cancellation.”
For more information on education funding options, visit curevl.com.
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