A Signature Loan, also called an unsecured or personal loan, of $500 - $40,000 may be granted to Members whose credit worthiness qualifies them to borrow money based on their signature alone. WCTFCU Signature Loans are granted for almost any purpose, and may require a co-signer.
The Signature Loan is established as a closed end, fixed rate loan with a set repayment period. A Member can have only one signature loan outstanding at any given time. Other stipulations may apply. Please contact the Lending Department for further information.
Protect What Matters
Credit Disability payment protection products can help ease the financial concerns for you and your family if an unexpected financial challenge occurs. Consider, who would pay your bills If you became suddenly ill or injured, or if there was an unexpected death? Imagine your family’s wallet without your paycheck. You can purchase credit disability through WCTFCU at extremely competitive rates. Benefits include:
- Protection - Credit Disability or Loan protection helps insure that your loan will not end up in default if you die, or become disabled and are unable to work.
- Convenience – Apply for this insurance when you apply for your loan and you can include this monthly premium with your monthly loan payment.
- Support - Employer provided disability may not be enough protection. Bills could begin to pile up as you try to regain your health and your earning capacity.
Payment Protection comes with a 30 day no obligation policy. That means when you apply for Payment Protection coverage, you have 30 days to review your plan and decide that you want to keep the policy or cancel it without obligation; any premiums paid will be refunded. Need more information? Ask your WCTFCU Loan Officer.