THE FULLY COMPLETED APPLICATION AND PROMISSORY NOTE MUST BE PRESENTED IN PERSON OR MAILED BACK before the loan can be processed. All business is by appointment. In most cases, loan processing will be completed within seven (7) business days. THE BORROWER WILL BE REQUIRED TO PICK UP THE CHECK FOR THE LOAN IN PERSON. No funding of a loan will take place in less than two (2) business days.
This maximum loan amount is $5,000.00 (Please do not apply for more than is actually needed). A minimum of two (2) qualified Cosigners are required for all loans. Additional Cosigners may be required should the Loan Committee deem it necessary.
The Borrower will be expected to pay off the note within twelve (12) but not to exceed twenty four (36) months, in equal monthly installments, commencing approximately one month after receiving the loan. The specific terms will be determined by the Loan Committee upon approval of the loan and will be specifically stated in the Promissory Note.
PS: Additional fees of 35$ will be charged for overdraft fees
Borrower should fully complete his/her portion of the Loan Application (including personal reference section on reverse side). Borrower should then sign the Promissory Note (a spouse is required to be an additional Borrower). The specific terms of the Promissory Note (commencement date and payment amounts) should be left blank until the interview.
Cosigners should fully complete their portion of the Loan Application. Cosigners should then sign the Promissory Note and the Cosigner Information Release Authorization.
When (a.) and (b.) are complete, Borrower should mail the application to the office. You will be contacted by the office for a personal interview.
Note: You must print and sign a promissory note for each cosigner required, and each cosigner will sign a separate promissory note (along with the borrower(s)) per privacy requirements
includes all the forms listed below: