This type of loan does not consist of collateral. The maximum amount for this loan for a limited time* only is $75,000.00. The cheque will be made payable to the relevant business where you intend to purchase the items.
Items needed for this loan
*Promotion ends February 28th 2025
Financial Flexibility:
Our appliance and furniture loans offer a valuable solution for individuals seeking financial flexibility in acquiring essential items for their homes. These loans allow you to spread the cost of appliances and furniture over a manageable period, reducing the immediate financial burden. Borrowers can opt for affordable monthly payments that align with their budgetary constraints. This flexibility is particularly advantageous for those who may not have the liquid funds to make large purchases outright but wish to enhance their living spaces with necessary items.
Immediate Access to Essential Items:
One of the primary benefits of appliance and furniture loans is the ability to access the much-needed household items promptly. Essential appliances and furniture contribute to the functionality and comfort of a home, but their acquisition can be costly. With a dedicated loan for such purchases, individuals can acquire the necessary items without delay, addressing immediate needs such as a refrigerator, washing machine, or a comfortable sofa. This immediacy is crucial, especially in situations where a functional appliance or a piece of furniture is essential for daily living or maintaining a certain quality of life.
Preservation of Savings:
Opting for an appliance or furniture loan allows individuals to preserve their savings for other critical aspects of life, such as emergencies, education, or investments. By spreading the cost of appliances and furniture over a loan term, borrowers can retain their financial cushion, ensuring they have funds available for unforeseen circumstances. Preserving savings is a strategic financial move, providing a safety net and maintaining liquidity for various needs, while still allowing individuals to enjoy the benefits of necessary home improvements through affordable loan repayments.
Competitive Financing Terms:
Members accessing this facility will benefit from the most competitive interest rate and repayment terms available locally. Compared to other financiers, you also will not be faced with penalties for early repayment, nor will you pay more than you should over the long term. Convenience at terms you love is unmatched. With terms like these, furnishing your home to the desired theme, color scheme and fittings is certainly within your reach.
As a valued member of TCU, you gain access to this and a wide range of other financial services, including Loans, Savings/Investments, Visa Debit Card, Mobile and Internet Banking, Group Health and Family Indemnity Plans, Loan and Share Insurance Protection, Educational Workshops, Youth and Retiree Clubs, Standing Order Facilities, TTARP Membership for retirees, ACH Bank Transfers, and the M2M Programme for Entrepreneurs.
The good news extends to your family as well—spouses, children, siblings, and other approved relatives can also become members to enjoy the benefits of our diverse products and services. If you have any inquiries, feel free to reach out to our dedicated team. Join TCU today and unlock a world of financial possibilities for you and your loved ones.
Some places in Trinidad and Tobago that supply appliances and furniture are Courts Trinidad & Tobago, Standards Distributors, and Fens of Marabella.