Other Loans
Have something in mind? We can help you make it happen!
Whether you're covering an unexpected expense, managing everyday needs, or planning something special, Downriver CU offers flexible borrowing options to help you accomplish your goals. Explore the loan options below to find one that fits your needs and budget.
2026 Holiday Loan
Make Room for More Merry.
With a Holiday Loan, your season can be merry and manageable.
Holiday expenses can add up. Start with a budget, then explore whether a Holiday Loan makes sense for your plans.
12-Month Repayment Term • No Fees
Try Our Holiday Budget CalculatorPlan the Merry. Mind the Budget.
Before you borrow, take a moment to estimate your holiday expenses and review what you've already saved.
Our Holiday Budget Calculator can help you see how much you may need and what a monthly loan payment could look like.
Holiday Budget Calculator
Enter your estimated holiday expenses and available funds. We'll calculate your budget gap and an estimated monthly payment if you choose to borrow.
*Payment estimates use a fixed 9.99% APR, a 12-month repayment period, no fees, and 12 equal monthly payments. Estimated loan amounts are capped at $2,000. Calculations are illustrative. Actual payments and total interest may vary based on the loan agreement, payment dates, and rounding. Using this calculator does not constitute a loan application, credit approval, or loan offer.
If borrowing isn't necessary, consider using available savings or adjusting your holiday spending plan.
Three Simple Steps to Get Started
- Plan Your Holiday Budget. Use our calculator to review expected expenses and available funds.
- Explore Your Options. Consider whether a Holiday Loan with a 9.99% APR and 12-month repayment term fits your budget.
- Apply When You're Ready. Complete an online loan application or speak with a Downriver CU team member.
Good Questions Before You Borrow
How much can I borrow?
Holiday Loans are available for up to $2,000, subject to underwriting and credit approval. Your approved loan amount may be less.
What is the interest rate?
The Holiday Loan rate is 9.99% APR (Annual Percentage Rate).
How long do I have to repay the loan?
The repayment period is 12 months. Use our Holiday Budget Calculator to estimate your monthly payment.
Are there any fees?
There are no fees for the Holiday Loan.
Will a Holiday Loan fit my budget?
Start with our Holiday Budget Calculator to estimate your expenses, available funds, and monthly loan payment.
Consider your regular living expenses, existing debt payments, and savings goals before deciding whether borrowing is right for you.
How do I apply?
You can apply online or speak with a Downriver CU team member. Call 313-386-2200, option 4, for assistance.
Great Holidays Start with a Plan.
Whether you're planning this year's celebration or saving for next year, we're here to help you make choices that work for you.
Helping People Use Money to Accomplish Great Things!
*APR means Annual Percentage Rate. Holiday Loan rate is 9.99% APR. Maximum loan amount is $2,000. Repayment period is 12 months. No fees. All loans are subject to underwriting and credit approval. Restrictions may apply.
