Click on the links below to have the questions answered.
Can I apply for a loan?
If you are or become a member of the Credit Union you may apply for a loan, & that's almost as easy as signing the application.
What can I borrow for?
If you meet the required criteria, Any worthwhile purpose!
Personal loans ~ cars, caravans, holidays, pools, boats, jet skis,
loan consolidation and more . . .
Homes for living in or investment properties.
All loan details are as individual as you are, let us design a loan to exactly suit your needs.
How do I apply for a loan?
Simply complete an application form at an office. Any member with an existing loan or recently finalised loan will find increasing an existing loan or taking out a new loan is much simpler and approval faster. Our computer system allows us to update your loan records without the need for new application forms.
Take advantage of our convenient and simple pay deduction system, you will never forget a payment and budgeting will be simpler. If deductions are not available, you can deposit your repayment at any of our offices or send a cheque through the mail with a deposit slip.
What about costs?
Elcom Credit Union will pass on all associated loan costs.
These include: Stamp duty, Legal costs, Property valuations, Mortgage guarantee insurance, Government charges and loan application fees. Interest on loans is payable by the borrower.