Soldiers- "2", "1" or "0" before regimental number; Officers- "20" or "10" before four-digit JCA number; Civilians- account number assigned by the Credit Union.
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Number of Months
I agree to the terms.
I being a beneficiary of a loan from JDF Co-operative Credit Union Limited, hereby authorize the Jamaica Defence Force to deduct any amount which may be outstanding to the JDF Co-operative Credit Union Limited, at the time of termination or end of my contractual obligations with the Jamaica Defence Force.
16 Digit Card Number
I HEREBY AGREE TO COMPLY WITH ALL THE TERMS, RULES AND REGULATIONS OF THE CREDIT UNION NOW IN FORCE OR WHICH MAY HEREAFTER BE ADOPTED. THE STATEMENTS HEREIN MADE WERE MADE FOR THE PURPOSE OF OBTAINING THE LOAN AND ARE TRUE TO THE BEST OF MY KNOWLEDGE.
ALL rights of demand and notice jointly or singly and severally promised to pay the JDF CO-OP CREDIT UNION LTD or order the sum of the amount borrowed and approved under the terms and conditions of said loan and SAME each succeeding, thereafter, the whole sum to be repaid in or within the period set out for the loan from the date, the interest assigned as per its term per month on the reducing balance. As collateral security for this note said borrower has deposited with the said Credit Union the required share equity to qualify for said loan. In case of any default in payment as herein agreed, unless excused by the Board of Directors, the entire balance of this loan shall become immediately due and payable on demand, and I hereby give the Credit Union full authority to use shares and or other deposits held to reduce or offset my liability. This loan shall become due and payable when the borrower bankrupt or leave Jamaica without giving at least six months’ notice or loses his common bond. Said principal and co-makers jointly and severally promise to pay all fines imposed in accordance with the rules of the Credit Union, for failure to comply with the terms of this loan together with all costs or expenses incurred in the collection of any sum due, also, if the holder hereof after default, shall place this loan in the hands of an attorney-at-law for collections, to pay all costs incurred. The Credit Union reserves the right to vary the rate of interest payable by the Borrower from time to time by giving to the Borrower, a notice that effect specifying the new rate of interest and the date from which interest at such rate shall be payable
I hereby consent to having any Credit Bureau established under and by virtue of the Credit Reporting Act of 2010 disclosing to the JDF CO-OPERATIVE CREDIT UNION LTD. such credit information which it may have in regard to me and any existing liabilities which I may have, and also for the JDF CO-OPERATIVE CREDIT UNION LTD. to provide any credit information which it may have in regard to me to any such established Credit Bureau. This consent shall remain in force for the duration of this or any future credit facility with the JDF CO-OPERATIVE CREDIT UNION LTD. and for so long as this credit facility or such future credit facility shall exist. I hereby also acknowledge and agree that by affixing my signature below I am declaring that I have read and understood the contents herein and the implications of granting this consent.
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