1.0South Side Community Federal Credit Unionhttps://southsidecommunityfcu.org/wSS_WPAhttps://southsidecommunityfcu.org/w/author/ss_wpa/rich600338<blockquote class="wp-embedded-content" data-secret="Ri09rM4FQV"><a href="https://southsidecommunityfcu.org/w/loans/">Loans</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://southsidecommunityfcu.org/w/loans/embed/#?secret=Ri09rM4FQV" width="600" height="338" title="“Loans” — South Side Community Federal Credit Union" data-secret="Ri09rM4FQV" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript"> /* <![CDATA[ */ /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); //# sourceURL=https://southsidecommunityfcu.org/w/wp-includes/js/wp-embed.min.js /* ]]> */ </script> Loans At South Side Community Federal Credit Union, we are committed to empowering our members to achieve their financial goals. We understand that life’s journey sometimes requires a helping hand, and that’s why we offer a range of flexible and affordable loan options to meet your unique needs. As a member-owned financial institution, SSCFCU is here to support you every step of the way. Please note that our loan services are exclusively available to our members. Not yet a member? Don’t worry – becoming a part of the SSCFCU family is easy, come visit us or give us a call at 773-548-5500. Once you’re a member, applying for a loan has never been more convenient. You can initiate your loan application right in your member account.  Discover the loan options tailored to your needs and aspirations with SSCFCU. We’re here to help you achieve your dreams, one affordable loan at a time. Log In to Your Member Account to Apply Payroll Advance Loan You can borrow up to $500 for 6 months. Application fee: $20.00 APR: 16.036% Minimum requirement: Must provide most recent two pay stubs, receive a direct deposit, maintain a $150 deposit balance and have income of $1,000 per month. Payday Alternative Loan Plus You can borrow up to $1,000 for 6 months. Application fee: $20.00APR: 28.018 % OR 27.018% Minimum requirement: Must provide most recent two pay stubs, maintain a $50.00 deposit balance, be a credit union member for thirty days and have an income of $1,000 per month. Signature Loan You can borrow between $1,000 – $10,000 for paying bills, debt consolidation and purchases. Application fee: $20.00 Terms: 6 months to 48 monthsAPR: 8.009% – 16.009% Minimum requirement: Must provide most recent two pay stubs, proof of rent or mortgage, maintain a $50.00 deposit balance and demonstrate the capacity to repay the loan. To apply for a $10,000 loan, your credit score has to be 650 or above. Credit Builder Loan You can borrow between $150 and up. Application fee: $10.00 Term: 6 months to 48 months This loan is 100% secured by available funds in your share/savings account. New and Used Auto Loans SSCFCU will finance a new or used vehicle up to 90% of Kelley’s Blue Book value. The vehicle must be less than 7 years old. You can borrow up to $40K for a new car or $35K for a used car. Application fee: $20.00 Term: Ranges between 36 months and 72 months depending on the age of the vehicle. APR: 3.251% – 16.001% Minimum requirement: Must provide a vehicle description, most recent two pays stubs, proof of rent or mortgage, maintain a $50.00 deposit balance, be a credit union member and demonstrate the capacity to repay the loan Title “Alternative” Loans You can borrow between $400 – $4,000 against the title to your vehicle. Application Fee: $25.00 Term: 6 months to 24 months Minimum requirement: Must provide a title, copy of registration and insurance. Provide most recent two pay stubs, proof of rent or mortgage, maintain a $50.00 deposit balance, be a credit union member and demonstrate the capacity to repay the loan. Micro Business Loans Loans are available up to $15,000 for startup and existing businesses. Terms: Up to 48 months at 10% Application fee: $25.00 Fees: 3% collateral filing and processing Requirements: Business must be a legal entity located on the South Side of Chicago (FOM). Must maintain $100 account balance. Loans over $5,000.00 must be collateralized by auto or cash, and complete a loan application. The process may take up to ten days after submitting a complete application. Learn More on Our Blog