Georgia United Credit Union Launches Student Loan and Refinancing Product

DULUTH, GA – Georgia United Credit Union has announced new Student Choice private loans for undergraduate students and refinancing loan options for graduates. These programs provide solutions for current students who require financial assistance and for graduates who want a manageable way to repay their student loans.

Georgia United’s undergraduate student loans are available for most four‐year public and private colleges. Students only need to apply for a loan once and may borrow up to $60,000 throughout their undergraduate career. Payments can be deferred while students are enrolled at least part‐time. In addition to competitive, low interest rates, there are no origination or prepayment fees.

Graduates may refinance and consolidate existing federal or private loan debt through Georgia United’s refinance loans. Benefits include an easy online application, competitive fixed and variable interest rates, flexible repayment terms, no origination or prepayment penalties and the ability to borrow up to $100,000.

“We are pleased to offer products to our young members who are investing in their future and who want to take control of their student loan debt,” said Mike London, Georgia United Credit Union’s Chief Lending Officer. “As a not‐for‐profit, member‐owned financial institution, Georgia United continues to look for new ways to better serve its members and to offer competitive products that benefit the families and communities in which we serve. The new student lending program is just one example of how we are helping our members achieve their goals.” Additional details can be found on Georgia United’s website at gucu.org.

About Georgia United Credit Union

Georgia United Credit Union is ranked as one of the top credit unions in Georgia with over $1.2 Billion in assets, 160,000 members and 19 branch locations. As a full‐service community-minded financial institution, they offer competitive products and services including financial literacy programs for all ages to help members achieve their financial goals. Visit gucu.org to learn more and follow the credit union on Facebook, Twitter, Instagram and LinkedIn.