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Loans Covered by Savings

  • You can borrow up to the amount you have in savings.
  • These loans can be approved and paid immediately by Loan Officers who have been appointed by the Board of Directors. You do not have to wait for your loan application to be reviewed by the Credit Committee. You can walk away with your cheque/cash (depending on amount) when your loan is approved
  • After 8 weeks membership, a first loan may be applied for.

 

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