Pay ahead on your loan and
If you need to, take the money back
you can access the funds any time!
takeback
Get loan
Get the amount you need upon approval, with a fixed interest rate and convenient payoff terms.
Pay EXTRA
Pay a little extra every month to help pay off the loan early-shorten the loan term-and save on interest.
Take Back
Take back the extra cash any time. Your balance and pay-off schedule will adjust. Your interest rate will never change.
Log in
Use the dashboard to manage your loan, make extra payments and access the extra money any time.
Get
the
dashboard
Test
Drive
How does the Kasasa Loan make it easier to get out of debt? How do Take-Backs work? See the Kasasa Loan in action with this easy test-drive and explore the ways you can get ahead on your payments while keeping access to your funds.
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it up!
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First-time Kasasa Loan users must initially set-up their dashboard before they can explore their new loan options via computer or app. Use the link below to register/set-up your new Kasasa Loan Dashboard.
If you have more than one Kasasa Take-Back Loan with Frankenmuth CU, you only need to set-up your Kasasa Loan Dashboard once. All your Kasasa Take Back Loans will load within your existing dashboard.
You must first register/set-up your Kasasa Loan Dashboard to begin using the Kasasa Loan Dashboard via app or computer. Register here.
Once you have registered/set-up your Kasasa Loan Dashboard, you can login any time, anywhere to explore your Kasasa Loan and Take-Back options. Login below.
You can pay your Kasasa Loan via the Frankenmuth Credit Union online banking (OLB) or app or the Kasasa Dashboard. When using the Frankenmuth CU OLB or app, select your Kasasa loan, choose ‘Pay Loan-Transfer Funds.’
Please allow 2 to 3 business days for funds to be withdrawn from your Frankenmuth Credit Union account. You will get an email confirmation when payment is made and when payment posts/is received (funds are withdrawn from your FCU account to your Kasasa Loan account).
Please allow 2 to 3 business days for funds to be withdrawn from your Frankenmuth Credit Union account. You will get an email confirmation when payment is made and when payment posts/is received (funds are withdrawn from your FCU account to your Kasasa Loan account).
Please allow 2 to 3 business days for your Take-Back funds to appear in your Frankenmuth Credit Union account. You will get an email confirmation that your Take-Back has been initiated. Remember, you can view your transaction history and account details at any time. So you always have control of your loan at your fingertips!
Take-Back Auto Loan
| Type | APR* | Rate** | Term |
|---|---|---|---|
| as low as | as low as | months | |
| 2023 or newer | 5.75% | 5.59% | 75 |
| 2022-2020 | 5.78% | 5.59% | 63 |
| 2019-2017 | 5.83% | 5.59% | 51 |
| 2016 and older | 5.90% | 5.59% | 39 |
| Antique Auto | 7.79% | 7.59% | 63 |
| Driving Sense-Lease Look Alike | 6.83% | 5.59% | up to 72 |
| Auto Loan Special*** | 5.44% | 5.19% | 48 |
To estimate your minimum payment, use our Payoff Calculator. Click Here.
Take-Back Signature Loans
| Description | APR* | Rate** | Term |
|---|---|---|---|
| as low as | as low as | Repayment Option | |
| Personal Signature Loan | 10.43% | 9.64% | 39 Months |
| Home Improvement Loans | |||
| Unsecured Home Improvement Loan | 10.04% | 9.39% | 48 Months Contact Us |
| Secured Home Improvement Loan | 9.04% | 8.39% | 48 Months Contact Us |
To estimate your minimum payment, use our Payoff Calculator Click Here.
Take-Back Be-Happy Loans
| Description | APR* | Rate** | Term |
|---|---|---|---|
| as low as | as low as | Repayment Option | |
| Be Happy Loan | 11.33% | 8.99% | 12 month |
| Be Happy Loan | 11.23% | 9.99% | 24 months |
To estimate your minimum payment, use our Payoff Calculator. Click Here.
Choose Kasasa Take Back Loan in pull-down menu.
Loan Description: Your Kasasa Loan enables you to borrow money and to pay it back on a fixed schedule just like any other personal loan, but your Kasasa Loan also gives you the option to make prepayments (payments in excess of your scheduled monthly payments) to reduce the total amount of interest that you must pay. Unlike traditional personal loans, consumers who have met each of their required schedule payments, can borrow against these excess funds at the same interest rate as their initial Kasasa Loan to address unexpected needs (i.e. car repairs, health issues) or take advantage of opportunities (i.e. college acceptance) that may arise. The loan’s current available credit limit will be specified in each periodic statement issued.
Loan Rates & Term: Kasasa Loans are subject to credit approval by our institution. Many factors affect credit approval and the interest rate you may receive. Upon approval, your loan’s Annual Percentage Rate (APR) will not change throughout the life of your loan, unless otherwise mutually agreed to and documented within a subsequent action form. Should your application be approved, your Kasasa Loan will begin on the day you sign our loan agreements and will continue until the maturity date or until you have a zero balance in your account.
Loan Interest Charges & Fees: Interest will begin to accrue, with no grace period, on the date advances are posted to your loan. We use the daily balance method to calculate the interest on your account. Your daily balance is determined by adding any new advances, charges or unpaid accrued interest to the days beginning balance and then subtracting any payments or credits that are made. We determine your interest charges by applying a daily periodic rate (i.e. APR / 365) to each daily balance within a billing cycle. In addition to interest, you will also be charged a fee of $30.00 for time you are five days late on a scheduled payment and a fee of $10 for every payment that is returned to you for insufficient funds.
Application of Loan Payments: All payments are applied first to any accrued interest, then to the loan’s principal, then to any outstanding fees and finally to any remaining principal.
Additional Information: Membership restrictions may apply. To qualify, a borrower must be at least 18 years old, a U.S. citizen or a permanent resident and must meet our institution’s underwriting requirements. Not all borrowers receive the lowest rate. To qualify for the lowest rate, you must have a responsible financial history and meet other funding criteria. If approved, your actual rate will be within the range of rates listed above and will depend on a variety of factors including the term of the loan, your financial history, years of experience, income and other factors. Rates and terms are subject to change at any time without notice and are subject to state restrictions. Contact one of our credit union loan representatives for additional information, details and loan application.
Trademarks: Kasasa Loans is a trademark of Kasasa, Ltd., registered in the U.S.A.
Information and interactive calculators are available to you only as self-help tools for your personal use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from a Frankenmuth Credit Union professional regarding all personal finance issues. Call 989-497-1600 or find a branch near you.
Information and interactive calculators are available to you only as self-help tools for your personal use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from a Frankenmuth Credit Union professional regarding all personal finance issues. Call 989-497-1600 or find a branch near you.