Nassau Financial helps its members relieve credit card debt with low rate Sweep Account

Nassau Financial now offers “Simply Credit” to its Members to assist with paying down credit card debt. Simply Credit is a Personal Line of Credit that is utilized solely to eliminate debts or high balances from multiple credit cards. Qualified Members with high balances on multiple credit card accounts can switch to this lower-rate line of credit.  With Simply Credit, the Credit Union is able to combine those credit card accounts into one monthly payment to save its Members money on interest, late payment penalties, and offer them peace of mind, knowing they’re able to gain control of their finances. As credit card debt continues to be on the rise, Nassau Financial found the perfect opportunity to benefit the financial well-being of its Members to save them money over time. As a not-for-profit and community based organization, Nassau Financial Federal Credit Union continues to introduce products and services to save its Members money, improve their financial well-being and the communities it serves.