Everyone has their own loan needs. That’s why WWFCU has such a wide range of lending opportunities for its members. Here’s a look at a few other loans we offer:
Get back on the right track with a WWFCU Bounce-free Loan. If you find yourself with a negative account balance, our Bounce-free loan not only helps you turn that negative into a positive – it also gives you the chance to re-establish your good credit.
WWFCU’s Bounce-free Loans:
- Are offered when your checking account has been negative for up to 45 days.
- May also be offered if your checking accounts has been closed and charged off due to a negative balance for 45 days or more.
- Have interest rates based on your credit score – no loan rate discounts will apply.
Credit Rebuilder Loan
If you’re looking for a little extra cash and want to boost your credit score at the same time, then our Credit Rebuilder Loan may be for you. Loan amounts can range from $500 to $1,000 with a 12-month term. Requirements include:
- Meeting with a Credit Union Financial Counselor
- Having a WWFCU Checking Account
- Setting up a direct deposit payroll deduction
Is money tight or you just need a little extra cash right now? Did you know you could skip a loan payment to help make ends meet?
Skip-a-Pay means you can defer a monthly WWFCU loan payment, but you will be adding that payment to the end of your loan term. Other conditions may apply**. There is a $5.00 fee per Skip-A-Payment.
We understand that life can sometimes get in the way of loan payments. If something has come up causing you to be unable to make a loan payment, let us know. WWFCU offers a Loan Extension program for members who are currently behind on their loan.
Most loan extensions don’t go beyond three months and WWFCU only grants a maximum of one loan extension per loan term (First Mortgage Loans are not included). To Apply for a Loan Extension, please click here.
To learn more about any of the above loan options, stop by our branch or call to speak to a Member Service Representative at (734) 721-5700.
**By participating in Skip-A-Payment program, you request that WWFCU defer your loan payments as indicated. You agree and understand that 1) Loans must have originated at least 90 days prior to be eligible; 2) All co-signers of the loan must agree to the Skip-A-Pay program and sign the request; 3) If we are unable to stop your ACH payment in time, your skipped payment may be delayed until the next scheduled payment; 4) FINANCE CHARGES will continue to accrue at the rate provided in your original loan agreement, during and after this time; 5) Deferring your payment will result in your having to pay higher total FINANCE CHARGES than if you made your payment as originally scheduled; 6) The payment deferred will extend the terms of your loan(s) and you will have to make extra payment(s) after your loan(s) would otherwise be paid off; 7)You will be required to resume your payments the following month. If you elected GAP Coverage, the coverage will not be extended beyond the original maturity date, 8)You agree to the $5.00 Skip-A-Payment fee. All deferrals are subject to approval. Your loan(s) must be current (have no past due amount) to accept this offer. Certain restrictions may apply. Excludes all Real Estate Loans.