If your CEBA loan is with this financial institution, the full balance is due on December 31, 2026. Here is how to repay it, and what to do if you can't.
Rating: 4 out of 5
The Refinance Meter shows how likely you are to get a loan from this financial institution to repay your CEBA balance. It assumes you don't have the cash to repay the loan yourself. A lower rating means you should compare other lenders too.
How to repay this lender's CEBA loan: If the loan balance is repaid by the borrower on or before December 31, 2023, $10,000 of the original $40,000 loan will be forgiven. Half of the additional $20,000 financing will also be forgivable if repaid by December 31, 2023. Please be advised that the repayment deadline for eligible CEBA loan holders in good standing to qualify for partial loan forgiveness is being extended from December 31, 2022, to December 31, 2023. For more detailed information, please contact your local BCU Financial Branch.
Compare lenders that refinance CEBA balances by rate, term and funding speed before the December 31, 2026 deadline. Comparing is free.
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