The process refinancing a loan involves taking out a new loan to pay off the debt of the existing loan. People may choose to refinance an existing loan for a number of reasons – most often to get a lower interest rate.

With a lower interest rate, you could get a lower monthly payment or keep your monthly payment the same and shorten the repayment term to pay off the debt faster. During VacationLand Federal Credit Union’s Loan Refinance Special, you may be able to refinance a loan you presently have with another financial institution.

To qualify for this refinance special, you must have an existing loan balance of $5,000 or more1. Eligible loan types include:

  • Personal
  • Auto
  •  Motorcycle
  • Recreational vehicle
  • Boat
  • Personal watercraft

And just for making the switch, we will waive the loan processing fees (a $191 savings) and give you a $250 Visa® gift card at closing2! offers some points to consider when it comes to refinancing a personal loan, including:

  • Pre-qualify the new personal loan to see how the new terms compare to your existing loan.
  • Consider all costs associated with the new loan. (VLFCU is prepared to help with those!)
  • Make sure you use the new loan to pay off your current loan.
  • Start making payments toward the new loan by setting up automatic payments from your checking account. is another good online resource that can help you determine if refinancing will actually save you money or just amount to a breakeven situation.

At VacationLand Federal Credit Union, we make it our priority to help our members achieve their personal financial objectives. By anticipating our members’ needs and exceeding their expectations with superior service and products, we know you will choose VLFCU as your lifetime financial partner. This Loan Refinance Special is just one more way we can secure that long-term relationship. But hurry, this special is only valid through April 30, 20193!

Call 1-800-691-9299 to speak with one of our loan specialists, stop by one of our five convenient branches, or send us a message to learn more about this Loan Refinance Special.

1 Member must be in good standing with VLFCU. This offer is good on refinances from another institution only; minimum loan amount of $5,000.00 applies. Visa credit cards, loans secured by real property, business loans and loans currently held at VLFCU are not eligible for this promotion. All loans are subject to credit approval. The rates and APR may differ depending on the term, credit qualifications, or loan-to-value.

2 A $250 Visa Gift Card® will be awarded at loan closing.

3 Promotion effective from March 12, 2019, until April 30, 2019. Subject to change or cancellation without notice.