If you wish to apply for a loan with the Credit Union you can do so online. Be sure to pay due attention to the information that is required in the application. A failure to do so may result in your application being rejected. Once your application is reviewed by the Credit Union you will be notified of the result via the messages section of CU Online.
Step 1 – Go to the Loan Application Page
This page can be located by clicking on the, ‘Loans,’ option on the main menu on the left side of the page. Then click the, ‘Loan Application,’ tab at the top of the page. Once the page has loaded select, ‘New Loan,’ then click on the Continue button. This will bring you to the next page.
Step 2 – Enter Amount and Repayment Details
Once the page has loaded, select the purpose of the loan from the drop down box and enter the amount you wish to borrow in the, ‘Amount Required,’ box. Do not enter commas.
Next, you must enter either enter the duration you wish to repay the loan over OR the amount of money you wish to pay back for each repayment period. Do not enter both. Select the repayment frequency from the drop down menu, and then click on Continue.
Step 3 – Enter Employment and Income Details
The next page requires you to enter details of your employment. Examine the information required and ensure that the details you provide are accurate. Providing incorrect information may result in your application being rejected.
The bottom of the page allows you to enter other income information outside of your regular employment. Please ensure all additional income is documented in this section.
When you have completed this page click on the Continue button.
Step 4 – Expenditures
The next page requires you to enter details of your expenditures Examine the information required and ensure that the details you provide are accurate. Providing incorrect information may result in your application being rejected.
Enter details of your mortgage in the first section, and details of other major expenses in the second section.
Step 5 – Terms and Conditions
Read the terms and conditions and check the relevant boxes to indicate that you understand and approve of them. Once you have done so, click Continue to progress to the next page.
Step 6 – Confirmation of Loan Details
Review the information presented to you on this page and ensure that it is all correct. If it is not, click on the Previous button at the bottom to go back and make any relevant changes.
If there is any other information you feel the Credit Union should know regarding your Loan Application, enter it in the box provided. Click Finish to complete the application process. Your application will be submitted for review to the Credit Union.