When you need money fast for any situation you may have for instance paying for medical expenses, consolidate debt, vacation, or personal use. A personal loan might be the best way for you to go. Our personal loans have interest rates starting at 9% interest and can go up to as much as $7,500.00 per member.
Have money put away that you are just not ready to spend yet? TCP offers share secured loans where you can borrow up to the amount in your account and pay a lower interest rate than standard personal loans. No credit review or income verification is required. Secured loans is a great way to establish first time credit or rebuild credit.
Need money fast but only need it for a short amount of time? Are you waiting on a tax refund but you need the money now? A 90 day loan is a short term loan of 3 months in which you do not have to make monthly payments. When the 90 days are over you are required to pay the balance in full.
Loan Check List
TCP Credit Union is committed to prompt and courteous lending services to our membership. This checklist includes information you generally need to supply in order to apply for a loan. Please be advised this checklist does not constitute an application and additional documentation may be requested at the time of loan application.
□Gross Monthly Income (Current Pay-stub)
□Employer(s) for the past 5 years (including date of hire)
□Job Title(s) for the past 5 years
□Residence Status (Own or Rent)
□Number of Dependent(s)
□Alimony / Child Support Obligations
□Bill of Sale
□Vehicle Identification Number (VIN)
□Proof of Insurance
*Additional documentation that may be requested at the time of application:
- Income Verification – recent pay-stubs, signed personal tax returns and/or award letters
- Insurance Information – Declaration page / Agent’s name and phone number
- Payoff – If request is a refinance transaction
This list is not all inclusive and you may be required to provide supplemental information during the application process.
Loan process could take up to 24/48 hours to complete.
Thank you for choosing TCP Credit Union for your lending needs!