PSJA ISD 12 Month Employee Summer No Hassle Loan
Ø Are you employed by PSJA ISD on a 12-month basis? (Yes/No)
ü If yes, please continue
ü If No
If you answered no, stop. You may qualify for our 9-month PSJA ISD Summer No Hassle Loan which begins on 08-03-2020. Applications will be available on our website at www.naftfcu.coop starting 08-03-2020.
Ø How does the process work? Just follow these simple instructions.
ü Complete your application and click submit. (Please make sure to include your most recent mobile phone number) The application will be sent to the Credit Union for review.
ØOnce your application is approved your loan documents will be sent to your email address for your review and signatures via DocuSign. Make sure to check your email often and return your documents to the Credit Union as soon as you can. We highly recommend that you save or print a copy of your loan documents.
ü Once your executed loan documents are received by the Credit Union the loan proceeds will be deposited to your share account on the day listed on your loan agreement.
ü Questions? Contact our loan department at 956-787-2774.
Ø More about your PSJA ISD 12 Month Employee Summer No Hassle Loan? (No Credit Check, Interest rate for 2020 is 17.00% APR)
· Members must have a signed contract or letter of reasonable assurance
· for employment with PSJA ISD for the 2020-2021 school year.
· Members must have been employed full-time with PSJA ISD for two years
· Members must be compensated on a 12-month basis.
· Loan must be repaid through payroll deduction or automatic transfer for PSJA retirees
· Maximum Loan $2,000.00
· Must be paid off by September 30, 2021
· There will be a $25.00 fee charged for each application