loan application - how to apply FOR A WSFCU LOAN
You've heard of "socially responsible investing." Members who make timely payments on WSFCU loans engage in socially responsible borrowing! Interest our borrowers pay is our primary source of income, Interest our borrowers pay covers rent, salaries, dividends (earnings) on share (savings) accounts, and builds up our reserves.
1.Review our policies: Find out whether the kind of loan you seek is among those we offer at this time. To review
a summary of our rates & policies, click here. Be sure to contact us with any questions you may have about whether our policies will be a good match for your needs.
2. Learn about your PAYMENT PROTECTION options [you'll need Adobe Acrobat Reader in order for this link to work]
3. Compute your monthly payments--with and without payment protection. To do so:
paste the link below into your browser or click on it:
https://www.loanliner.com/ICE/presenter/default.asp?CuIdNr=04220585&
4. If your application is approved, how will this loan affect your credit score? Making every payment on or before the due date will raise your credit score. Raising your credit score can reduce your cost of borrowing. When you pay lower Annual Percentage Rates (APRs) you can cut the cost of your purchase over time. When financing a house or a car at lower rates you can save hundreds or even thousands of dollars. To ensure that you'll be able to afford to make every payment on time, fill out the Planning Your Purchases worksheet.
5. If you'll be applying for a credit card, review our Credit Card Disclosures
6. Are you eligible to submit an application for a loan?
a. All you have to do is be a member of Women's Southwest Federal Credit Union (WSFCU) and have $25 or more in a regular share (savings) account with us. (The application asks for your WSFCU share account number.) If you are already eligible, go to #7 below.
b. If you are not yet a member of WSFCU:
(1) And you do have access to a working printer, you may print out the forms you need to join us from this Web site; mail them to us; indicate on your Membership Application which kind of loan application packet to send to you. Click on Easy to Join.
(2) But you do not have access to a working printer: contact either office. Ask us to mail you the forms you need to open a share account. You may mail them back along with a request for a loan application.
7. If you are eligible to submit an application (see #6 above) and you'll be applying for:
a. A Regular Loan such as a credit card, signature loan, or a loan secured by a motor vehicle loan, review your Loan Application Instructions (regular). Click here
b. An Easily-Approved, Abbreviated Loan Application, such as a Credit Builder, Share-Secured, or Incentive Loan, review Loan Application Instructions (Share-Secured):
8. If you are eligible to apply (see #6) and you have access to a working printer, and:
a. You are applying for a Regular Loan:
(1) Print out our Loan Application;
(2) Fill it out according to our (regular) Loan Application Instructions (see #7a, above).
b. You are applying for a Credit-Builder, Share-Secured, or Incentive Loan:
(1) Print out our Loan Application;
(2) Print out the Supplement to our Loan Application
(3) Complete them according to our Share-Secured Loan Application instructions (see #7b, above).
9. If you are eligible to apply (see #6 above) but you to not have access to a working printer: ask either one of our offices to send you a loan application. If you have questions about a Signature loan, vehicle-secured loan, or Incentive Loan, contact our main office. If you have questions about a Credit-Builder or Share-Secured loan, contact either office. To learn how to contact us, click on How/When to Reach Us.
10.To return to Home page, click here