Purpose: The board of directors realizes that everyone has a need for quick cash on occasion. Therefore, Camden Federal Credit Union will offer a short term loan for members with immediate cash needs.
Loan limits: $200 to $1,000
Repayments: 1 to 6 months
Interest Rate 28%
- Must be employed for a least 6 months.
- Must be a member of Camden Police FCU for a least 1 months.
- Must be employed for at least 6 months.
- Must provide proof of income and/or 2 pay stubs.
- Must pay application fee of $20 (waived if payroll deduction).
- Payment must be made monthly.
- No more than 3 loans in any six months period.
This loan may not be refinanced. It must be paid in full before eligible for another loan.
*This offer may be withdrawn.*