You may borrow up to the gross amount of one semi-monthly paycheckor one-half of a monthly paycheck.
If you have never had a loan with Greensboro Municipal Federal Credit Union, you will need to complete our basic loan application and qualify under normal underwriting guidelines.
You'll need to provide us with a paycheck stub dated between 10/31/11 and 12/15/11
To Qualify:
You need to be a member in good standing and employed full time by your current employer for the past 12 months.
You cannot be under bankruptcy or any other financial counseling plan.
All loans with GMFCU must be current and you must not have been declined by GMFCU for a loan within the last 12 months.
Deliquency on ploan payments for over 30 days within the past 12 months will disqualify you for this loan.
Complete a loan application (available at either office) and return it to the credit union no later than December 15th.
Applications are not available through out website.
