When are home equity loans tax deductible?
The holidays are over, the decorations are packed away, but for many of us, the financial hangover is just beginning. If you are staring down a stack of high-interest credit card statements, you aren’t alone, and you don’t have to tackle them one by one. It’s time to stop juggling.
Trying to track multiple due dates, varying interest rates, and minimum payments is a recipe for stress. By moving your high-interest balances to Choice One, you can simplify your life to a single payment. More importantly, you can stop treading water and start building real momentum toward being debt-free.
Two Paths to Financial Freedom
We offer two distinct ways to consolidate, depending on how you prefer to manage your budget. Compare the options below to see which fits your lifestyle best.
Option 1: The “Breathing Room” Strategy (VISA Balance Transfer Credit Card)
Perfect if you want to pause interest to make a dent in your principal balance immediately.
The Strategy: Transfer your high-rate balances from other lenders to a Choice One VISA. You get a massive break on interest for the first half of the year, giving you time to pay down the balance without fighting against compounding interest.
- 0% Intro APR*: Pay absolutely zero interest on balance transfers for your first six billing cycles.
- No Annual Fees: We don’t charge you for carrying the card.
- Transparency: A simple grace period of 25 days on purchases.
VISA Credit Card Rates
| APR* | Info and/or Terms
Effective Date: 01/01/2026
Rates Subject to Change at Anytime |
|---|---|
| VISA Platinum As low as 8.90%* | Annual Percentage Rate for Purchases and Cash Advances Transaction Fee for Purchases: Average Daily Balance (including new purchases) Grace Period for Purchases: 25 days No Annual Fee Application Fee $5.00 Transfer Rate – 0% APR* for six billing cycles. |
| VISA Classic As low as 13.50%* | Annual Percentage Rate for Purchases and Cash Advances Transaction Fee for Purchases: Average Daily Balance (including new purchases) Grace Period for Purchases: 25 days No Annual Fee Application Fee $5.00 Transfer Rate – 0% APR* for six billing cycles. |
Option 2: The “Set It and Forget It” Strategy (Personal Loan)
A Choice One personal loan is perfect if you want a fixed end-date for your debt and a predictable monthly budget.
The Strategy: Take out a lump sum to pay off all your other creditors at once. Then, you just pay us back in fixed installments. No fluctuating rates, no surprises. You know exactly when you will be debt-free.
- Fixed Rate Stability: Rates as low as 9.25% APR*.
- Flexible Terms: Spread payments out up to 72 months to keep your monthly bill affordable.
- Responsible Limits: We lend up to 20% of your Gross Income (capped at $20,000.00) to help ensure you never borrow more than you can handle.
Personal Loan Rates
| APR* | Info and/or Terms
Effective Date: 01/01/2026
Rates Subject to Change at Anytime |
|---|---|
| As low as 9.25%* | Term: Up to 72 Months Limit 20% of Gross Income not to exceed $20,000.00 *This rate includes the .25% discount with Auto Pay. |
How to apply
Getting started is simple:
- Apply online: Click the “Apply Online” button on this page and complete the secure online application.
- Call or visit a branch: Talk with a Choice One Loan Representative at any of our branches in Plains, Wilkes-Barre, Hazleton, Old Forge, or Kingston. We’ll help you compare options and answer your questions.
- Gather basic information: To speed things up, have your income information, current debts, and other relevant details handy when you apply.
We’ll review your application and let you know your next steps as quickly as possible.
*APR=Annual Percentage Rate. Rates shown are for qualified borrowers and are subject to change without notice. Rate shown for the Personal Loan includes a .25% discount for auto deduct from a Choice One share or share draft account. 0% VISA Balance Transfer Rate is valid for 6 billing cycles from date of transfer. Rate returns to current rate at that time. Choice One’s current Platinum Visa Credit Card Rate is 8.90% APR and Classic Visa Card is 13.50% APR with No Balance Transfer or Annual Fee. Balance Transfer offer is good on any new or existing Choice One Platinum or Classic Credit Card. 0% balance transfer rate is for balances transferred from another institution only. Transfers may not exceed the credit line a member is approved for.
About Choice One
We serve more than 13,000 members (and counting) throughout Pennsylvania. If you live, work, worship, go to school or own a business entity in Luzerne, Lackawanna or Wyoming Counties, you are eligible to join. So, stop in today and see the difference at Choice One!
Latest News