Loans
Whether it's a car, a home, or a special life-event, Wemelco can help you with a variety of loans for just about any purpose. To us, you are a person rather than a number on a credit report. We will give you the credit you deserve and counsel you on the best way to manage your debt.
NEWS FLASH: STORM ASSISTANCE AVAILABLE WITH 0% LOAN!
Wemelco Credit Union’s Board of Directors have voted to extend a 0% loan to members who need a small quick loan to help with repairs, insurance deductible, or bridge a time gap until they receive their insurance payments, if they have had damage resulting from the tornadoes and storms that came through Western Mass on June 1st.
Maximum Dollar Amount: $2000
Maximum Term: 12 months
Cost Per 1000 borrowed: $83.33
Members can apply online or in person at the credit union. Call 413-787-9278 for further information
To qualify for this loan you must have a copy of your insurance estimate or work estimate from a licensed contractor.
NORMAL CREDIT GUIDELINES FOR A POWER LOAN APPLY. (No income verification needed, must have clean credit history)
We offer personal unsecured loans, car loans, first and second mortgages,home equity lines of credit and MasterCards with no annual fee. You will notice that our loan rates are usually lower than most other institutions. Don't be discouraged if you think you can qualify for a loan; call the credit union and we will do our best to get you the credit you need. Many times we have come up with ways to borrow the money that our members hadn't even thought of before! It's worth the time to speak with a credit union rep.
Click here for a list of loan products, their terms and current rates. Never forget, Wemelco is an Equal Opportunity Lender.
