Loan Reprice

Loan Reprice Program

You might qualify for a lower rate on your BECU loan.

Improved credit scores may lower your loan's interest rates.

Ever dream of getting a lower loan rate based on your improving credit score? At BECU, we reward members making strides toward financial health.  

Every year, we review our members' accounts for money-saving opportunities and periodically evaluate the credit rating of each member who has a credit card, line of credit, personal loan, auto loan, boat loan or RV loan with BECU. If you've improved your credit score sufficiently, made timely payments and your account is in good standing, you may earn a better rate (if you're not already receiving our lowest rate).

It's just the right thing to do. As a member-owned cooperative, we're all working together to lift each other toward financial health. When you improve your credit score and payment history, you contribute to the credit union. In return, you have the chance to earn a better a rate. 

What do you have to do? Just keep working toward financial health. If you have a qualifying product and meet our criteria, we'll update your APR automatically and send you a notification.

Having a lower interest rate on my loan means I can save more money for the future.

— Doug M., Seattle

Understanding Credit

We want all of our members to be able to do more with their money. Part of being able to do more is a good credit score. Credit worthiness is based on your payment, loan, account and balance history. While not perfect, a credit score is a good assessment of financial behavior. More importantly, it's used to help determine loan borrowing rates.

Get to know and understand your credit report >>

Qualifying Products

Credit Card
Personal Line of Credit
Personal Loan
Auto Loan
Boat Loan
RV Loan