Prime Rate – 3.1%
Overdraft Rate – 13.1% (prime plus 10%)
WHAT TO BRING
When you want to come in to apply for a loan with us, we do require some information from you. This not only makes the loan application process easier, smoother and faster, it also helps us structure the loan to fit your lifestyle. At our Credit Union we are flexible in setting up repayment schedules to fit your lifestyle. Here is a list of the items we would require when you come in:
- You, your spouse, your partner, guarantor or whoever will be involved in this loan.
- Current employment information including a pay stub and recent income tax return. If you are really prepared, you could bring a letter from employer stating when you started your employment, your rate of pay and your likelihood of continued employment.
- Current listing of all things you own and all debts that you owe including all credit card payments, monthly insurance payment amounts, all loan payments, mortgage payments, property taxes and heat.