WESTBURY, N.Y.– Nassau Financial Credit Union said it is now offering “Simply Credit” to its members to assist with paying down credit card debt.
According to the credit union, Simply Credit is 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 the lower-rate line of credit by combining balances.
“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,” the credit union said.