QUALIFICATIONS

• Existing member who has had a minimum of a (12) month positive payment history with RECU in the last 12 months.
• No 30 day late payments in the last (12) months with RECU.
• Consideration will be given to those members who previously had a (12) month positive payment history with RECU in the last (24) months.

NON-QUALIFYING LOAN REQUESTS

• Non-members.
• New members with a current loan payment history of less than (12) months with RECU.
• Members who have been (30) days or more past due with RECU in the last (12) months.
• No identifiable source of repayment.

Disclosure:  Loan amount $2,000 @ 20.874% APR for 12 months = $187.00 monthly payment. APR based on fixed interest rate of 18.00%.

RECU reserves the right to deny the extension of credit under this program and the amount members may qualify for is subject to income guidelines.

For additional information or questions please contact us at info@recu.org or call us at (505)864-4740.