Helping Hand Loan

Are you just starting out and don’t have an established credit history yet? Or maybe you have less-than perfect credit. Either way, you shouldn’t have to resort to expensive short-term or pay-day credit options. We want to help you get on the path to financial success. Our Helping Hand loan is designed to help you establish or repair your credit over the course of 12 months.

We will open a loan for up to $1,000

• No application fee
• Loan amount of $500 to $1,000
• Repayment terms from 6 to 12 months
• Interest rate of 18% APR*
• Each month, we report your payments to the credit bureaus, gradually helping you establish good credit or improve your credit score
• After 6 months of on-time monthly payments you will be eligible to apply to refinance your Helping Hand loan into an unsecured loan, at a lower interest rate subject to normal underwriting

• Be a member in good standing or if not a member have never caused the credit union a loss
• Demonstrate the ability to repay
• Prove that you are employed or receiving fixed income for at least 90 days
• Verify your current income
• Have all bankruptcies discharged