Notice Regarding Disaster Relief Loan Offer
Disaster Relief Loans Terms and Rates:
• Loan up to $3,500
• 3.00% APR
• 27-month term*
• 3-month payment deferment (interest will accrue during this period)
Additional conditions and limitations:
• Must be a resident of New York, New Jersey or Connecticut.
• Must apply by December 31, 2012**
• One disaster relief loan per residence
• Repayment must be made through an automatic transfer from a PSFCU share account.
• The loan cannot be used to refinance or pay off an existing PSFCU loan and cannot be combined with any other loan.
• Member cannot be in the process of filing bankruptcy, have previously defaulted on a PSFCU loan in the past, or currently be delinquent on a PSFCU loan.
You understand that any Annual Percentage Rates that You are initially quoted may be different than the rate that You receive if Your credit is approved due to Our underwriting criteria or due to changes made by Our Board of Directors.
By continuing, you acknowledge your intent to apply for a PSFCU Disaster Relief Loan and that Loan proceeds will be used for expenses related to Hurricane Sandy. When applying, please select 'DISTASTER RELIEF' from the General Loan Purpose list.
* 3.00% APR is a fixed rate regardless of credit score. Repayment of $ 3,500 borrowed over 24 months is $151.56. Applicant must be a PSFCU member prior to application date. ** PSFCU reserves the right to terminate this offer anytime