Friday, January 21, 2011
SAG Initiation Fee Loans
New Screen Actors Guild members are now eligible for low-interest rate initiation fee loans when joining the Guild.
A SAG Initiation Fee Loan from the member-owned AFTRA-SAG Federal Credit Union lets you make up to 24 monthly payments with interest rates discounted .50% from standard Credit Union loan rates. You can also get an additional .50% discount when you set up an automatic monthly payment from a Credit Union account
(from sag.org). Worth noting that in the best case scenario, the actor ends up paying about $250 more than paying the dues all at once.
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