A Personal loan is one in which a member may use shares and other assets as security and benefit from interest rates between 12% – 13% p.a. calculated on the reducing balance per month. Get up to 10 times your shares balance to a maximum of $7 million.

Repayment time of up to 120 months depending on the security offered.

Requirements:

  • Must be a member
  • Last two pay advice
  • Proof of loan purchase
  • Picture identification
  • Original security documents

Collateral Type:

  • Appliances less than 3 years
  • Real Estate (property)
  • Cash
  • Insurance Policy (Cash Surrender Value)
  • Motor Vehicle
  • Co-maker

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