Join us all year long as we work to save our members millions of dollars. Whether it is through a refinance of your home or auto, or simply saving you from the fees other financial institutions charge, you will see how the savings can really add up when you switch to Coastline.
Check back often to read real stories of real savings of real people, just like you.
There are millions of reasons to save, one reason to join.
Watch us reach $3,000,000.00 in savings!
I saved $1,331.10!
Real People. Real Savings.
Member has a 2011 GMC Sierra financed at a rate of 4.99% . The terms of her loan was 75 months.
The member has already made 8 payments leaving 67 payments to be made. If the member would have stayed with that financial institution, the remaining amount of finance charges that she would have paid would have been $3,598.93
Coastline was able to refinance her loan at a rate of 3.49% for 60 months with payments of $443.39 making the total amount of interest over the life of the loan $2,267.83.
Coastline was able to save the member $1,331.10 over the life of the loan and the member will be paying the loan off 7 months sooner.
We saved $1,585.98!
Real People. Real Savings.
A newlywed couple came in that wanted to consolidate some debt and hopefully lower their rates and monthly payments.
The couple had an account that they owed $1,780.00 on. The account was originally at a 0% promotional rate, but was getting ready to increase to 29.95% as the promotional period was coming to an end.
They also had a small loan with for $620.00 at 29.00% and an existing signature loan with Coastline for $2,200.00.
Coastline combined the three loans into one loan, at a rate of 17.49% for 37 months.
On the three other loans combined, they would’ve paid a total amount in interest of $2,995.93. Also, the payment on the first account was $50.00 and would’ve taken 91 months to pay off at 29.95%.
With the new loan, they will pay a total of $1409.95, saving the member a total of $1,585.98!
I saved $17,740.94!
Real People. Real Savings.
A member came to Coastline with 2011 Harley Davidson financed through another institution at 19.00%. His original term was for 96 months and he had made 9 payments, leaving a remaining term of 87 months. The members payments were $513.50 a month.
Coastline refinanced his loan for 55 months, at 6.22%, with a payment of $582.67 per month. Although his payment is higher, his goal was to get it paid off sooner.
With the other institution, the member would have paid $21826.81 in interest over the life of the loan. With Coastline, he will pay $4085.87.
Coastline will pay his loan off 32 months quicker and save him a total of $17,740.94 in total finance charges!
Coastline also protected his loan with GAP and Credit Life and Disability, which he did not have before!
We Saved $20,816.00
Real People. Real Savings.
The members own a welding business and came to Coastline because business is down and income has been reduced by almost half.
The members have a truck loan with Coastline with a payment of $567.79/month. The only other debt they have is a signature loan with Coastline for $90/month, a credit card with a balance of $8683 and their mortgage.
The members originally just wanted to see if we could reduce the payment on their truck. They had about $10,000 equity in the truck. We offered to refinance the truck for 53 months AND payoff their signature loan and credit card, using the equity.
Their new truck payment is $450/month at 3.77%. They are saving $117.00/month on the truck, the $90/month payment on the signature loan and their $185/month minimum payment on the credit card…..a savings of $392.76 per month.
With an interest rate of 14.99% on the credit card, it would take 72 months to pay in full by making the minimum payment and would pay back about $14,000 total.
Total amount we saved these members is $20,816.00!!
I SAVED $4,939.00!
Real People. Real Savings.
A member with another financial institution had become very disenchanted with the service they were receiving. Coastline was able to refinance their vehicle that they had just purchased as well as their signature loan that they had with the other institution. They also moved their Direct Deposits over to Coastline and closed their other account completely. Best of all, Coastline saved them money and made them Coastline members for life.
Their auto loan was currently financed at a rate of 12.0% with a payment of $448.12. Coastline was able to do their loan at 6.75% with a payment of $389.06 at the same term. Over the length of the loan, they saved $4,252.32!
Their signature loan was currently financed at a rate of 14.00% with a payment of $59.00. Coastline refinanced their loan at a rate of 12.49% and a payment of $108.77. The difference was the loan term. Coastline's term is only 36 months, where the term left on the current loan was 78 months. Therefore, the member saved $687.00!
Overall we saved this member $4,939.00 and made them members for life!
We saved $16,204.00!
Real people. Real Savings.
A new member was referred to Coastline by one of her co-workers. She was recently divorced and moved back in with her parents to get re-established.
She had an $804.00 per month auto loan payment at a rate of 6.50%. Coastline was able to lower her rate to 1.99% and reduce her monthly payment to $465.00 which equals a savings of $339.00 per month and $12,204.00 of the life of the loan!
The member told her mother about her huge savings so the mother refinanced her auto that was financed with at a rate of 5.50%. Coastline was able to refinance that auto and give her a rate of 2.24%. The mother elected to keep her payment the same which was $675 a month. Coastline saved this member approximately $1,400.00 over the life of the loan!
Coastline saved the first member $12,204.00 and the second member $1,400.00 for a grand total of $16,204.00. Coastline was able to improve the financial lives of two brand new members and create Coastline advocates for life.