Loan rates are going down … C&WJ Co-operative Credit Union Ltd. is offering a new reduced ordinary loan rate of 12.5% p.a. (14% without share equity), and a 9.5% mortgage loan rate.

Enjoy:

• Up to 95% financing
• Loans approved in 48 hours or less
• No waiting period for new members

For more information, please call 936-3800.

• Get 2% off loans for all your needs
• 5% equity required for motor vehicle loans from new to 5 years old

For more information, please contact the Montego Co-operative Credit Union Ltd. at 952-1190

• 1 year membership requirement waived
• No collateral needed
• Loan repayment must be salary deducted
• Can be used to purchase books, pay tuitions, buy uniforms, computers etc.
• Up to two years to repay
• Must have a good credit history

For more information, please call 960-4226 or email contactus@cokcu.com

1. Express business loans – for individuals (unsecured)
2. Quick line business loans – for individuals (secured)
3. Combo business loans – for groups (sizes 2-7 members)

What do you need in order to apply for a micro or small business loan through the Churches Credit Union:

• Valid ID (passport, driver’s license, national ID or Churches Credit Union ID)
• TRN #
• Telephone number
• Two passport size colour photographs
• You must have an actual business (new or existing)
• Three recent utility bills (light, water or telephone)
• Name and addresses of four character references (including an adult family member or relative)
• Credit references (if you have borrowed before from other financial institutions)

Key information on the operation of your new or existing business:

• You must be a member of Churches Credit Union
• All borrowing members must satisfy certain share requirements, collateral requirements (including evidence of ownership) and valuation .. as stipulated by Churches Credit Union.

For more information, please contact the Churches Credit Union by calling 929-5142 or by emailing info@churchescreditunion.com

Max amount – J$250,000
Term – 36 months
Interest rate – 15% p.a.
Minimum share requirement – 10%
* conditions apply

For more information, please call 962-0401

* conditions apply

For more information, please call 956-3030, or email haccul@cwjamaica.com

• Maximum of J$100,000
• Service charge of 10% with 6 months to repay
• Apply just once and your funds are available whenever you need it
• Access Easi-Access Loan at any ATM machine

Special Consolidation Loan

• Up to ten times your shares (to a maximum of J$700,000)
• 15% on the reducing balance with 36 months to repay
• Members who use this facility will see a reduction in their loan payment
• Members share will be used to determined the amount subject to the maximum (even if used to secure an existing loan)
• All loans are subject to the ability to repay

Share ratio loans – (for house, land, car etc.) get up to four times your shares

Same day loans

• Computer loan
• Term loan
• Education loan
• Special car loan
• Demand loan
• Consolidation loan
• Easi-loan

For more information, please call 929-1855 or email jscco-op@jscccu.com

C&WJ (Communications & Other Workers of Jamaica) Co-operative Credit Union Ltd. back to school loan; members, if you can arrange a salary deduction for the loan repayment, then your are eligible for a back to school loan. Highlights:

• Borrow up to J$200,000 (per member)
• Use your back to school loan to pay school fees and purchase books
• No collateral required (unsecured loan facility)
• Get up to 12 months to repay
• Attractive interest rate
• Simply take your invoices to any one of the ten branches of the credit union and apply for the back to school loan
• * Conditions apply

For more information, please call 936-3800

Do you need ongoing access to credit in a timely, hassle-free and affordable way? Manchester Credit Union’s Moni-Tree Line Of Credit offers:

• Up to 3 times the amount in your account
• Access equity from your motor vehicle or real estate
• Benefit from competitive interest rates
• Access funds using your credit union ATM card
• * conditions apply

For more information, please call 962-0401 (Mandeville), 964-3648 (Christiana) or 904-0416 (Porus)

The St. Catherine Cooperative Credit Union Ltd. offers the Micro Power Loan, “giving power to your business”. Details:

• Get up to J$200,000 unsecured with up to 1 year to repay
• Use it to buy stocks and supplies, machinery/equipment
• Use it for capital injection or business expansion
• Competitive interest rate
• Quick approval
• No collateral required

* Conditions apply

For more information, please call 984-2324.