Benefits

Save Money!!!

• Low, low interest rate of 11% per annum on the reducing balance.
• No loan processing fees. No hidden charges. 

Peace of Mind

• 100% financing. You can get the amount needed.

Flexible

• Up to five (5) years to repay.
• Repayment can be extended when you apply for a loan to build or buy a home. 
• Purchase furniture, equipment, appliances, personal computers, clothing, books. Pay for school expenses, weddings, funerals, maternity, taxes, legal fees and investments. Meet the costs of special items and occasions. 

Safe

• Up to $150,000 in loan protection insurance is offered at no cost to you. 

Requirements

To apply call (255-2128) for an appointment with a Loans Officer or come in to our Loans Department and talk to our caring and helpful staff.

Here's a checklist of items you'll need::

• A minimum of 5% of the total amount of loan requested.
• Invoices to support your application.
• Employed persons--most recent pay-slip or salary statement from your employer.
• Self-employed persons--recent financial statements of business. 
• Details of security being offered.
• Your NCCU passbook(s) and a valid photo identification (eg. Social Security card or passport or driver's licence).
• Details of your liabilities and commitments (other loans, hire purchase, household expenses) for the application. 
• If the approved loan is $77,000 and upwards or you are 50 years and older, a medical examination by an approved medical doctor is necessary for loan protection insurance coverage.