No need for "proof of income" or to wait to see if your loan is approved. You are guaranteed approval. The loan is secured by the funds you have in your savings account or in your share certificate account. It can be used for any purpose but at a reduced interest rate. A hold will be placed on your deposit for the amount of your loan. However your account still earns dividends so your savings continues to grow. As you pay back the loan and reduce your balance the account funds are released so you can use them as needed.
* Exact rate depends on credit history. Contact CU for details
Don’t let the term “minimum payment” confuse you. When it comes to paying your credit card, settling for the bare minimum makes you pay alot more than you should be. Pay more than the minimum on your credit card each month, even if its only 10 more dollars extra, it will help.
Lost/Stolen Card: If you believe your FOKFCU ATM/Visa Check Card has been lost or stolen and it is after business hours, please call 800-472-3272
