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 Loans |
You can expect all of our lending services to come with the prompt
and friendly service you deserve as a member-owner of Molex Credit
Union. We think our combination of outstanding service, great rates,
and convenience just can’t be beat! Check out our rates, try
different loan scenarios on the Loan Calculator,
then complete the Online
Loan Application and submit it to our loan committee staff. Molex
Credit Union is able to offer a two day turn-around on loan approvals
in most circumstances.
We offer a wide array of loan
products all with convenient payroll deducted payment plans including;
- New & Used Vehicle Loans
(Cars, Motorcycles, Boats)
- Unsecured Signature Loans ~ $5,000.00 max.
(For Debt Consolidation, Vacation, School Tuition, etc.)
- Premium Personal Loans - $10,000 max
(For Debt Consolidation, Vacation, School Tuition, etc.)
- Stock Secured Loans
(Use stock certificates as collateral and borrow 50% of their
market value)
- Pledge Share Loans
(Use your MEFCU share account as collateral while still earning
a
dividend on your savings)
You must have a minimum of 6 months employment with your employer to be
eligible to apply for a secured loan, or 2 years employment for an unsecured signature loan, or 5 years employment for a premium personal loan.
If you are not a U.S. citizen, you must be a resident alien, and provide
copies of both the front and back side of your resident alien card
as well as your driver’s license to the credit union. |
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