Christmas Loan Programs Guidelines & Terms

Union Advantage No-Credit Christmas Loan

  1. $30.00 Application Fee
  2. Members must meet following criteria:
    1. Member in Good Standing for at least 12 months
    2. Regular Payroll Deposits for at least 6 prior months (must be enough to cover note).
  3. Loan amounts not to exceed $1,000.00
  4. Repayment Terms to be set no more than 10 Months
  5. Interest Rate to be set at 15.00%

Union Pride No-Credit Christmas Loan Program

  1. $30.00 Application Fee
  2. Members must meet following criteria:
    1. Member in Good Standing for at least 5 Years
    2. Regular Payroll Deposits for at least 24 prior months (must be enough to cover note).
  3. Loan amounts not to exceed $2,500.00
  4. Repayment Terms to be set no more than 10 Months
  5. Interest Rate to be set at 12.00%