Benefits Without The High Interest Rates!
The Revolving Credit Loan (RCL) is designed for your convenience allowing the availability of cash in an account, to be used however and whenever desired. Firstly the initial credit amount (example $10,000) has to be granted, once granted this allows you to have access to that given amount ($10,000) continuously. There is no additional loan application required to top up the account. Instead, you can complete the “top-up” form and then submit it along with your most recent salary slip, at any of our branches. Once all conditions are met the requested amount will be transferred to your account. For example, if you borrowed $10,000 and have repaid $1,000 of the principal, you can “top-up” $1,000. It is as easy as 1, 2, 3!!
Revolving Loan Breakdown:
- A Regular Supply of Cash for All Your Needs :
- And Many More.
- Get Up To $25,000.00 For Your Needs.
- Top-Up on Your Approved Amount Without Reapplying.
- With A Minimum Monthly Payment Of $150.00
Revolving Loan Requirements:
- Must be member
- Permanently employed for at least 2 years.
- Payroll deduction or salary assignment.
- Monthly savings of $50.
- Last payment slip
- Proof of physical and mailing address
- National ID or Passport
- Employment letter stating salary and length of employment.