SSCU offers loans for the following:

• Automobiles
  
• Trucks and Vans
  
• Motorcycles
  
• Boats
  
• Personal/Signature Loans
  
• New Furnishings/Home Improvement
  
• Vacation
  
• Equipment
  
• Emergency

A regular share account with a $25 minimum deposit, a completed loan application and proof of income (a recent paystub or copy of your tax return) are required for loan processing.

Each loan application is judged on an individual basis, and all records and comments are strictly confidential.

REPAYMENT
The method of payment is established at the time the loan is approved. Repayment may be made via direct deposit or payroll deduction distributions, by mail, in person, via home banking (CU@HOME), via audio response (CU*TALK), or by an automatic transfer from another Credit Union account.

Sangamon Schools Credit Union imposes NO PENALTIES if a loan is paid off before the end of the contract. If you choose to pay off the loan early, you will save money because the Credit Union charges you interest only for the amount of time you borrow the money. This is a great advantage of a simple-interest loan.

INTEREST RATES
Interest rates vary for different types of loans. Check out our current loans rates.

For more information about any of our lending services, contact SSCU today.