Christmas Loan

To assist with your miscellaneous expenses during the Christmas season. Loans available from the first week in October

This loan is to assist our members during the Christmas season in meeting their miscellaneous expenses. Our Christmas Loan becomes available from the first week in October. Calculate your installments now.

  • Pay a one off service fee and no interest!
  • Maximum amount to be loaned to any one applicant is $50,000.00 (existing members) and $25,000 (new members) No more than one application per member will be processed during this loan period.
  • Repayment of this loan is up to a maximum of 36 months (existing members) and 24 months (new members), where the first payment begins 31st January of the following year the loan was taken.
  • Restrictions – members who obtained a Christmas Loan in the preceding year and lapsed in payments will not be eligible.
  • New members must be permanently employed, or if on contract, must have at least 3 months more than the repayment period remaining on contract to facilitate the loan repayment

Members would not be allowed to liquidate (from shares) this loan less than 6 months from the date of first payment.

Maximum Loan Amount: $50,000.00
Repayment Period: 36 Months
Service Charge: 10% existing members| 15% new members(membership 6 months or less)

This loan is to assist our members during the Christmas season in meeting their miscellaneous expenses. Our Christmas Loan becomes available from the first week in October.

  • Pay a one off service fee and no interest!
  • Maximum amount to be loaned to any one applicant is $50,000.00 (existing members) and $25,000.00 (new members). No more than one application per member will be processed during this loan period.
  • Repayment of this loan is up to a maximum of 36 months (existing members) and 24 months (new members), where the first payment begins 31st January of the following year the loan was taken.
  • Restrictions – members who obtained a Christmas Loan in the preceding year and lapsed in payments will not be eligible.
  • New members must be permanently employed, or if on contract, must have at least 3 months more than the repayment period remaining on their contract to facilitate the loan repayment.

Members would not be allowed to liquidate this loan (from shares) less than 6 months from the date of first payment.

Maximum Loan Amount: $50,000.00
Repayment Period: 36 Months
Service Charge: 10% existing members| 15% new members(membership 6 months or less)
Apply Now

CALL: 1-868-612-4728

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