Looking to step up your game, improve your standard of living and to free up yourself from the hassle of using our public transportation system? Come talk to us about a loan to purchase a new or used vehicle.
Come in or apply online for such a loan using our downloadable or online forms on our website in our "Forms" section.
Requirements:
- Job Letter from Employer stating length of service, employment status, salary/wage and other emoluments
- Salary Slips (Latest)
- If self-employed - evidence of income such as bank statement, financial statements, etc
- Required Share Deposit (a percentage of loan amount requested. This varies based on age of vehicle, level of risk, etc)
- Recent inspection and valuation of vehicle from certified garage (not more than 3 weeks old)
- Quotation from insurance
- Letter from Vendor stating willingness to sell, price and whether any financial institution has an interest in the vehicle. (securing a loan)
- Shipping , Customs and Brokerage Costs for vehicle being imported.
- Copy of Vendor's certificate of vehicle registration
- Vehicle Insurance must be paid and assigned to the Credit Union
- Copy of vehicle registration lodged with the Credit Union within 30 days of purchase of the vehicle
- Bill of Sale for Vehicle
- Suitable Co-maker (if necessary)
Calculate Your Loan
