Over $8 Million in Unnecessary Interest Saved!

The Hard Working Loan is back!

Since 2016, Zeal Credit Union has approved loans resulting in over $8 million dollars in unnecessary interest savings through the Hard Working Loan program. This innovative program was unlike any other loan program and was the first original idea in banking in over 100 years.

Here's a breakdown of the impact the program had on the Hard Working Americans of Metro Detroit.

Metro Detroit saved over $8,000,000* in unnecessary interest!
The average recipient saved over $23,500!*

Interested in a Hard Working Loan?
Call the Zeal lending call center at 800.321.8570 Ext. 420

To learn more about Zeal Credit Union, visit our website.

See what Hard Working Americans are saying!

"It brought me to tears! When I saw they saved me $15,680, I couldn't believe it and actually started to cry!" Mary B., Walled Lake

Savings Example - 1**

National Averages Zeal Credit Union Averages
Loan Auto Personal VISA® Auto Personal VISA®
Amount $15,000 $3,000 $5,000 $15,000 $3,000 $5,000
Annual
Percentage Rate
6.5% 10% 18.5%** 2.25% 8.4% 8.5%**
Term (Months) 60 36 232 60 36 113
Interest Paid $2,615 $485 $14,203 $872 $404 $2,309
Mo. Payment $293 $97 Greater of
2% or $50
$265 $95 Greater of
2% or $50
Total Interest Paid $17,303 $3,585

 

Total Interest Saved = $13,718**

"This is freakin' insane. They've saved me over $30,000 in interest.
I didn't think this was even possible." Tom S., Walled Lake

Savings Example - 2**

National Averages Zeal Credit Union Averages
Loan Auto Personal VISA Auto Personal VISA
Amount $28,000 $10,000 $7,000 $28,000 $10,000 $7,000
Annual
Percentage Rate
6.5% 10% 18.5%** 2.25% 8.4% 8.5%**
Term (Months) 60 36 299 60 36 138
Interest Paid $4,870 $1,616 $25,854 $1,630 $1,348 $3,960
Mo. Payment $548 $323 Greater of
2% or $50
$494 $315 Greater of
2% or $50
Total Interest Paid $32,340 $6,938

 

Total Interest Saved = $25,402**

"I've been a member for 10 years, and it only took 15 minutes to
find out a Hard Working Loan could save me $44,000 in interest!"
John M., Livonia

Savings Example - 3**

National Averages Zeal Credit Union Averages
Loan Auto Personal VISA Auto Personal VISA
Amount $28,000 $2,000 $10,000 $28,000 $2,000 $10,000
Annual
Percentage Rate
6.5% 10% 18.5%** 2.25% 8.4% 8.5%**
Term (Months) 60 36 370 60 36 165
Interest Paid $4,870 $323 $42,944 $1,630 $270 $6,983
Mo. Payment $548 $65 Greater of
2% or $50
$494 $63 Greater of
2% or $50
Total Interest Paid $48,137 $8,883

 

Total Interest Saved = $39,254**

"I was able to pay down my Discover and store cards
to save $28,000. Amazing!" Maggie J., Southfield