Michigan State credit union offering fans loans to go to Rose Bowl
![foxsports](https://b.fssta.com/uploads/application/misc/byline-generic-headshot.vresize.36.36.medium.0.png)
With student loans now the second-largest source of debt in US households and the student-loan-debt rate growing faster than all other sources of borrowed money, one may argue the last thing college students need is somebody else offering up-front cash for principal and interest down the road.
But hey, a kid's gotta get to the Rose Bowl, right?
The Michigan State Federal Credit Union, responding to a football team that just won the Big Ten and made the Rose Bowl, coupled with a student body strapped for cash and looking to get to Pasadena, Calif., is offering a "Bowl Loan" with an interest rate as low as 6.9 percent for 18 months to help fans get to the big game against Stanford on Jan. 1.
![](https://a57.foxsports.com/statics.foxsports.com/www.foxsports.com/content/uploads/2020/02/640/427/768caede-michigan-state-credit-union-bowl-loan-screen-grab.jpg?ve=1&tl=1, https://a57.foxsports.com/statics.foxsports.com/www.foxsports.com/content/uploads/2020/02/1280/854/768caede-michigan-state-credit-union-bowl-loan-screen-grab.jpg?ve=1&tl=1 2x)
The loans must be at least $1,000 and come with no prepayment penalties. So, in theory, this one shouldn't break the bank.
H/t: USA Today
![College Football](https://b.fssta.com/uploads/application/leagues/logos/NCAAFootball.vresize.160.160.medium.0.png)