An Overdraft Line of Credit is an unsecured consumer loan with an open end term. The Overdraft Line of Credit is linked to a First Federal checking account. Funds will be transferred when the account becomes more than $5.00 overdrawn. It is for personal use only; it cannot be linked to Sole Proprietor or Business Account. It is very important that the borrower understands that this product is for “Overdraft Protection” only.
What is an Overdraft line of Credit?
200
Street Legal Motorcycles, Motorcycles (off road), Off Road Vehicles, ATV, Jet Skis, Horse Trailer
Must have UCC
What type of collateral fit into the Other Secured Product?
300
Unlimited age of vehicle for At and A borrowers, otherwise 12 years, Minimum loan amount $3,000, Terms up to 84 months, Up to 150% FLTV, $100 Loan fee
Describe at least 3 features of our auto loans.
400
$1,000-$10,000
What is the Min and Max loan amount for Unsecured?
500
Loan to child for car, discipline to pay back yourself instead of using savings
Describe a scenario when a Share Loan would be a good fit?