Our priority is to serve our members and provide support through these uncertain times. Here are a couple of ways we are helping our members who are affected by the Coronavirus.
Loan Payment Deferrals
Available for all Arrowhead loans and Arrowhead Visa®
Payments deferred up to 90 days1
No fee to defer payment for qualified members
Member Assistance Loan2
If you have been impacted by COVID-19 and need financial assistance, please complete the form and our team will contact you within 72 hours.
24 month term3
Deferred payments for 6 months4
Debt Consolidation Loan
If you're looking to consolidate debt into one monthly payment, a personal loan may be a good fit.
Rates as low as 11.99% APR5
Terms from 12 to 60 months5
Limits from $500-$25,000
1 Interest will continue to accrue at the current rate on the unpaid loan balance during the deferral period. Deferring payments will extend the amount of time to pay down the loan balance and you will pay higher total interest than if you made your payments as originally scheduled. Payments made after the deferral period will first be applied to interest accrued during the deferral period and then to any additional interest owed and then to principal. Other restrictions may apply.
2 Financing available with existing Arrowhead membership. Underwriting criteria will apply. Not every member borrower will qualify. Credit report will be pulled prior to funding the loan.
3 APR = Annual Percentage Rate. Current Arrowhead loans are not eligible for refinancing under these rates. Minimum monthly payment of $35 required. Payment example: a 24-month loan at 3.5% APR would have monthly payments of $43.82 per $1,000 borrowed. Not all borrowers will qualify. Rate and term subject to change without notice. Other restrictions may apply.
4 Interest will accrue from the loan funding date through the first payment made on the loan (the deferral period); payments made during and after the deferral period will first be applied to interest accrued during the deferral period and then to any additional interest owed and then to principal.
5APR=Annual Percentage Rate. Current Arrowhead loans are not eligible for refinancing under these rates and terms. Minimum payment of $35 required. Payment example: a 60-month loan at 11.99% APR would have monthly payments of $22.36 per $1,000 borrowed. Loans subject to credit approval. Rates may vary based on individuals credit history. Not all borrowers will qualify. Rates and terms subject to change without notice. Other restrictions may apply. Rates valid as of 04/13/2020.