We all know the famous quote from Lao Tzu, “A journey of a thousand miles begins with one step.”
Your financial journey can seem like a never ending road full of twists and turns adding even more onto the debt that has already piled up.
What if I told you there was an easier way to pay off that credit card and loan debt you have piled up? Did I get your attention? Good, because there is an easier way. It’s called a Balance Transfer and ēCO is offering it to both current members and future members.
So what exactly is a balance transfer, you ask? Okay, maybe you didn’t ask, but I am going to tell you anyway, because, trust me; you need to know what it is and how it can help you.
A balance transfer is where part or all of the debt you owe to another lender is transferred from one credit or store card to another, usually to save on interest repayments.
The balance transfer promotion here at ēCO offers our members and future members, that qualify, the ability to transfer balances to an ēCO Visa Credit Card at 4.99% APR for the life of the balance transfer. That last part is a pretty big deal. Having 4.99% APR for the life of the balance transfer means there is no sudden spike in interest rates later down the road.
Along with having the low 4.99% APR, there are other benefits in participating in a balance transfer.
Helps You Save Money
For those that might be making minimum payments on a high interest rate credit card or loan, it could potentially help lower that monthly payment. By lowering a monthly payment frees up more funds to use towards other things.
Helps You Simplify Finances
It helps combine multiple credit card or loan payments in one place. Instead of having multiple monthly payments on several loans or credit cards, combining that debt to one payment helps simplify not only your finances, but also your life. I don’t know about you, but I already have a hard enough time remembering which payment is due on what day each month, why would I not want to consolidate some of them to one easy payment?
Helps You Eliminate Debt Faster
Having the ability to simplify my finances and combine multiple debts in one place, along with a low interest rate can really help members and future members see the light at the end of the tunnel. It is possible to pay off that accumulated debt. We all have goals and this could be just what you need in order to help free up funds to reach those goals.
Here is your chance to take that step, that leap of faith, to improve your financial journey. Some of those roads don’t have to be so winding. Let ēCO’s balance transfer help guide you to the easy road, you know, the one in all of the movies where you coast into the sunset and live happily ever after.
It’s not hard to get started; you can apply online here or visit one of our convenient branches. ēCO membership is open to anyone who lives, works, worships, or attends school in Jefferson, Shelby, Walker, Blount and Cullman counties.