{"id":1392,"date":"2023-08-05T15:21:52","date_gmt":"2023-08-05T15:21:52","guid":{"rendered":"http:\/\/cloud220.temp.domains\/~a9lpz3hk\/w\/?page_id=1392"},"modified":"2025-02-19T00:02:36","modified_gmt":"2025-02-19T00:02:36","slug":"loans","status":"publish","type":"page","link":"https:\/\/southsidecommunityfcu.org\/w\/loans\/","title":{"rendered":"Loans"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"1392\" class=\"elementor elementor-1392\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2a9aa8bc elementor-section-boxed elementor-section-height-default elementor-section-height-default wpr-particle-no wpr-jarallax-no wpr-sticky-section-no\" data-id=\"2a9aa8bc\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;shape_divider_top&quot;:&quot;tilt&quot;,&quot;shape_divider_bottom&quot;:&quot;opacity-tilt&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t<div class=\"elementor-shape elementor-shape-top\" aria-hidden=\"true\" data-negative=\"false\">\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 1000 100\" preserveAspectRatio=\"none\">\n\t<path class=\"elementor-shape-fill\" d=\"M0,6V0h1000v100L0,6z\"\/>\n<\/svg>\t\t<\/div>\n\t\t\t\t<div class=\"elementor-shape elementor-shape-bottom\" aria-hidden=\"true\" data-negative=\"false\">\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 2600 131.1\" preserveAspectRatio=\"none\">\n\t<path class=\"elementor-shape-fill\" d=\"M0 0L2600 0 2600 69.1 0 0z\"\/>\n\t<path class=\"elementor-shape-fill\" style=\"opacity:0.5\" d=\"M0 0L2600 0 2600 69.1 0 69.1z\"\/>\n\t<path class=\"elementor-shape-fill\" style=\"opacity:0.25\" d=\"M2600 0L0 0 0 130.1 2600 69.1z\"\/>\n<\/svg>\t\t<\/div>\n\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-31616364\" data-id=\"31616364\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8d24612 elementor-widget elementor-widget-heading\" data-id=\"8d24612\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Loans<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e8f4ce3 elementor-section-boxed elementor-section-height-default elementor-section-height-default wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no\" data-id=\"e8f4ce3\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-20ede03\" data-id=\"20ede03\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-776a453 elementor-section-boxed elementor-section-height-default elementor-section-height-default wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no\" data-id=\"776a453\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-a5b60f1\" data-id=\"a5b60f1\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-061b11e elementor-widget elementor-widget-text-editor\" data-id=\"061b11e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>At South Side Community Federal Credit Union, we are committed to empowering our members to achieve their financial goals. We understand that life&#8217;s journey sometimes requires a helping hand, and that&#8217;s why we offer a range of flexible and affordable loan options to meet your unique needs.<\/p><p>As a member-owned financial institution, SSCFCU is here to support you every step of the way. <b>Please note that our loan services are exclusively available to our members.<\/b> Not yet a member? Don&#8217;t worry \u2013 becoming a part of the SSCFCU family is easy, <a href=\"https:\/\/southsidecommunityfcu.org\/w\/business-hours\/\" target=\"_blank\" rel=\"noopener\">come visit us<\/a> or give us a call at 773-548-5500.<\/p><p>Once you&#8217;re a member, applying for a loan has never been more convenient. You can initiate your loan application right in your member account.\u00a0<\/p><p>Discover the loan options tailored to your needs and aspirations with SSCFCU. We&#8217;re here to help you achieve your dreams, one affordable loan at a time.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d7a54d3 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"d7a54d3\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/www.amimembernet.com\/southside\/login\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Log In to Your Member Account to Apply<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-0d386ae elementor-section-boxed elementor-section-height-default elementor-section-height-default wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no\" data-id=\"0d386ae\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-507dfb7\" data-id=\"507dfb7\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f8a63ad wpr-feature-list-left wpr-feature-list-square elementor-widget elementor-widget-wpr-feature-list\" data-id=\"f8a63ad\" data-element_type=\"widget\" data-widget_type=\"wpr-feature-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"wpr-feature-list-wrap\"><ul class=\"wpr-feature-list\"><li class=\"wpr-feature-list-item elementor-repeater-item-89a0e36\"><div class=\"wpr-feature-list-icon-wrap\"><span class=\"wpr-feature-list-line\"><\/span><div class=\"wpr-feature-list-icon-inner-wrap\"><i aria-hidden=\"true\" class=\"fas fa-money-check\"><\/i><\/div><\/div><div class=\"wpr-feature-list-content-wrap\"><h2 class=\"wpr-feature-list-title\"><a class=\"wpr-feature-list-url\" target=\"_blank\" rel=\"nofollow\">Payroll Advance Loan<\/a><\/h2><p class=\"wpr-feature-list-description\">You can borrow up to $500 for 6 months.<br>\nApplication fee: $20.00 <br>\nAPR: 16.036%\n\n<br>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.<\/p><\/div><\/li><li class=\"wpr-feature-list-item elementor-repeater-item-3c6f7de\"><div class=\"wpr-feature-list-icon-wrap\"><span class=\"wpr-feature-list-line\"><\/span><div class=\"wpr-feature-list-icon-inner-wrap\"><i aria-hidden=\"true\" class=\"fas fa-coins\"><\/i><\/div><\/div><div class=\"wpr-feature-list-content-wrap\"><h2 class=\"wpr-feature-list-title\"><a class=\"wpr-feature-list-url\" target=\"_blank\" rel=\"nofollow\">Payday Alternative Loan Plus<\/a><\/h2><p class=\"wpr-feature-list-description\">You can borrow up to $1,000 for 6 months. <br>\nApplication fee: $20.00<br>APR: 28.018 %  OR 27.018%\n<br>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.<\/p><\/div><\/li><li class=\"wpr-feature-list-item elementor-repeater-item-bcc6621\"><div class=\"wpr-feature-list-icon-wrap\"><span class=\"wpr-feature-list-line\"><\/span><div class=\"wpr-feature-list-icon-inner-wrap\"><i aria-hidden=\"true\" class=\"fas fa-trophy\"><\/i><\/div><\/div><div class=\"wpr-feature-list-content-wrap\"><h2 class=\"wpr-feature-list-title\"><a class=\"wpr-feature-list-url\" target=\"_blank\" rel=\"nofollow\">Signature Loan<\/a><\/h2><p class=\"wpr-feature-list-description\">You can borrow between $1,000 \u2013 $10,000 for paying bills, debt consolidation and purchases.<br>\n\nApplication fee: $20.00<br>\n\nTerms: 6 months to 48 months<br>APR: 8.009% - 16.009%<br>\n\nMinimum 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.<\/p><\/div><\/li><li class=\"wpr-feature-list-item elementor-repeater-item-435558a\"><div class=\"wpr-feature-list-icon-wrap\"><span class=\"wpr-feature-list-line\"><\/span><div class=\"wpr-feature-list-icon-inner-wrap\"><i aria-hidden=\"true\" class=\"fas fa-seedling\"><\/i><\/div><\/div><div class=\"wpr-feature-list-content-wrap\"><h2 class=\"wpr-feature-list-title\"><a class=\"wpr-feature-list-url\" target=\"_blank\" rel=\"nofollow\">Credit Builder Loan<\/a><\/h2><p class=\"wpr-feature-list-description\">You can borrow between $150 and up.<br>\n\nApplication fee: $10.00<br>\n\nTerm: 6 months to 48 months<br>\nThis loan is 100% secured by available funds in your share\/savings account.<\/p><\/div><\/li><li class=\"wpr-feature-list-item elementor-repeater-item-ac60605\"><div class=\"wpr-feature-list-icon-wrap\"><span class=\"wpr-feature-list-line\"><\/span><div class=\"wpr-feature-list-icon-inner-wrap\"><i aria-hidden=\"true\" class=\"fas fa-car\"><\/i><\/div><\/div><div class=\"wpr-feature-list-content-wrap\"><h2 class=\"wpr-feature-list-title\"><a class=\"wpr-feature-list-url\" target=\"_blank\" rel=\"nofollow\">New and Used Auto Loans<\/a><\/h2><p class=\"wpr-feature-list-description\">SSCFCU will finance a new or used vehicle up to 90% of Kelley\u2019s 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.\n<ul><li>Application fee: $20.00<\/li>\n<li>Term: Ranges between 36 months and 72 months depending on the age of the vehicle.<\/li>\n<\/li><li>APR: 3.251% - 16.001%<\/li><\/ul>\nMinimum 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\n<\/p><\/div><\/li><li class=\"wpr-feature-list-item elementor-repeater-item-b890627\"><div class=\"wpr-feature-list-icon-wrap\"><span class=\"wpr-feature-list-line\"><\/span><div class=\"wpr-feature-list-icon-inner-wrap\"><i aria-hidden=\"true\" class=\"fas fa-scroll\"><\/i><\/div><\/div><div class=\"wpr-feature-list-content-wrap\"><h2 class=\"wpr-feature-list-title\"><a class=\"wpr-feature-list-url\" target=\"_blank\" rel=\"nofollow\">Title \"Alternative\" Loans<\/a><\/h2><p class=\"wpr-feature-list-description\">You can borrow between $400 \u2013 $4,000 against the title to your vehicle.<br>\n\nApplication Fee: $25.00<br>\n\nTerm: 6 months to 24 months<br>\n\nMinimum 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.<\/p><\/div><\/li><li class=\"wpr-feature-list-item elementor-repeater-item-fdd0d42\"><div class=\"wpr-feature-list-icon-wrap\"><span class=\"wpr-feature-list-line\"><\/span><div class=\"wpr-feature-list-icon-inner-wrap\"><i aria-hidden=\"true\" class=\"fas fa-briefcase\"><\/i><\/div><\/div><div class=\"wpr-feature-list-content-wrap\"><h2 class=\"wpr-feature-list-title\"><a class=\"wpr-feature-list-url\" target=\"_blank\" rel=\"nofollow\">Micro Business Loans<\/a><\/h2><p class=\"wpr-feature-list-description\">Loans are available up to $15,000 for startup and existing businesses.<br>\n\nTerms: Up to 48 months at 10%<br>\n\nApplication fee: $25.00<br>\n\nFees: 3% collateral filing and processing\n<br>\nRequirements: 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.<\/p><\/div><\/li><\/ul><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1648d93 elementor-section-boxed elementor-section-height-default elementor-section-height-default wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no\" data-id=\"1648d93\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a691d52\" data-id=\"a691d52\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-543667f elementor-widget elementor-widget-heading\" data-id=\"543667f\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Learn More on Our Blog<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4922060 elementor-grid-3 elementor-grid-tablet-2 elementor-grid-mobile-1 elementor-posts--thumbnail-top elementor-widget elementor-widget-posts\" data-id=\"4922060\" data-element_type=\"widget\" data-settings=\"{&quot;classic_columns&quot;:&quot;3&quot;,&quot;classic_columns_tablet&quot;:&quot;2&quot;,&quot;classic_columns_mobile&quot;:&quot;1&quot;,&quot;classic_row_gap&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:35,&quot;sizes&quot;:[]},&quot;classic_row_gap_laptop&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;classic_row_gap_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;classic_row_gap_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\" data-widget_type=\"posts.classic\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-posts-container elementor-posts elementor-posts--skin-classic elementor-grid\">\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-1855 post type-post status-publish format-standard has-post-thumbnail hentry category-loans tag-auto-loans tag-financial-tips tag-saving\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/southsidecommunityfcu.org\/w\/2024\/04\/05\/rev-up-your-savings-how-to-afford-your-dream-car\/\" tabindex=\"-1\" >\n\t\t\t<div class=\"elementor-post__thumbnail\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1500\" height=\"1000\" src=\"https:\/\/southsidecommunityfcu.org\/w\/wp-content\/uploads\/2023\/08\/SSCFCU-auto-loan-article.jpg\" class=\"attachment-full size-full wp-image-1857\" alt=\"African American family driving a car in the mountains. The article is about how to afford a car with a loan from a credit union.\" srcset=\"https:\/\/southsidecommunityfcu.org\/w\/wp-content\/uploads\/2023\/08\/SSCFCU-auto-loan-article.jpg 1500w, https:\/\/southsidecommunityfcu.org\/w\/wp-content\/uploads\/2023\/08\/SSCFCU-auto-loan-article-300x200.jpg 300w, https:\/\/southsidecommunityfcu.org\/w\/wp-content\/uploads\/2023\/08\/SSCFCU-auto-loan-article-1024x683.jpg 1024w, https:\/\/southsidecommunityfcu.org\/w\/wp-content\/uploads\/2023\/08\/SSCFCU-auto-loan-article-768x512.jpg 768w\" sizes=\"(max-width: 1500px) 100vw, 1500px\" \/><\/div>\n\t\t<\/a>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/southsidecommunityfcu.org\/w\/2024\/04\/05\/rev-up-your-savings-how-to-afford-your-dream-car\/\" >\n\t\t\t\tRev Up Your Savings: How to Afford Your Dream Car\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/southsidecommunityfcu.org\/w\/2024\/04\/05\/rev-up-your-savings-how-to-afford-your-dream-car\/\" aria-label=\"Read more about Rev Up Your Savings: How to Afford Your Dream Car\" tabindex=\"-1\" >\n\t\t\tRead More \u00bb\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-1821 post type-post status-publish format-standard has-post-thumbnail hentry category-uncategorized\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/southsidecommunityfcu.org\/w\/2023\/08\/23\/why-credit-unions-are-your-retirement-planning-ally\/\" tabindex=\"-1\" >\n\t\t\t<div class=\"elementor-post__thumbnail\"><img decoding=\"async\" width=\"1500\" height=\"841\" src=\"https:\/\/southsidecommunityfcu.org\/w\/wp-content\/uploads\/2023\/08\/SSCFCU_senior_couple.jpg\" class=\"attachment-full size-full wp-image-1822\" alt=\"Senior couple in Chicago watching the sunset. Photo appears on a page about using credit unions as art of your retirement planning strategy.\" srcset=\"https:\/\/southsidecommunityfcu.org\/w\/wp-content\/uploads\/2023\/08\/SSCFCU_senior_couple.jpg 1500w, https:\/\/southsidecommunityfcu.org\/w\/wp-content\/uploads\/2023\/08\/SSCFCU_senior_couple-300x168.jpg 300w, https:\/\/southsidecommunityfcu.org\/w\/wp-content\/uploads\/2023\/08\/SSCFCU_senior_couple-1024x574.jpg 1024w, https:\/\/southsidecommunityfcu.org\/w\/wp-content\/uploads\/2023\/08\/SSCFCU_senior_couple-768x431.jpg 768w\" sizes=\"(max-width: 1500px) 100vw, 1500px\" \/><\/div>\n\t\t<\/a>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/southsidecommunityfcu.org\/w\/2023\/08\/23\/why-credit-unions-are-your-retirement-planning-ally\/\" >\n\t\t\t\tCredit Unions Are Your Retirement Planning Ally\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/southsidecommunityfcu.org\/w\/2023\/08\/23\/why-credit-unions-are-your-retirement-planning-ally\/\" aria-label=\"Read more about Credit Unions Are Your Retirement Planning Ally\" tabindex=\"-1\" >\n\t\t\tRead More \u00bb\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-1814 post type-post status-publish format-standard has-post-thumbnail hentry category-uncategorized\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/southsidecommunityfcu.org\/w\/2023\/08\/23\/the-ideal-choice-why-credit-unions-are-perfect-for-young-adults\/\" tabindex=\"-1\" >\n\t\t\t<div class=\"elementor-post__thumbnail\"><img decoding=\"async\" width=\"1500\" height=\"790\" src=\"https:\/\/southsidecommunityfcu.org\/w\/wp-content\/uploads\/2023\/08\/id_requirements_SSCFCU.jpg\" class=\"attachment-full size-full wp-image-1381\" alt=\"\" srcset=\"https:\/\/southsidecommunityfcu.org\/w\/wp-content\/uploads\/2023\/08\/id_requirements_SSCFCU.jpg 1500w, https:\/\/southsidecommunityfcu.org\/w\/wp-content\/uploads\/2023\/08\/id_requirements_SSCFCU-300x158.jpg 300w, https:\/\/southsidecommunityfcu.org\/w\/wp-content\/uploads\/2023\/08\/id_requirements_SSCFCU-1024x539.jpg 1024w, https:\/\/southsidecommunityfcu.org\/w\/wp-content\/uploads\/2023\/08\/id_requirements_SSCFCU-768x404.jpg 768w\" sizes=\"(max-width: 1500px) 100vw, 1500px\" \/><\/div>\n\t\t<\/a>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/southsidecommunityfcu.org\/w\/2023\/08\/23\/the-ideal-choice-why-credit-unions-are-perfect-for-young-adults\/\" >\n\t\t\t\tThe Ideal Choice: Why Credit Unions are Perfect for Young Adults\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/southsidecommunityfcu.org\/w\/2023\/08\/23\/the-ideal-choice-why-credit-unions-are-perfect-for-young-adults\/\" aria-label=\"Read more about The Ideal Choice: Why Credit Unions are Perfect for Young Adults\" tabindex=\"-1\" >\n\t\t\tRead More \u00bb\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<\/div>\n\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Loans At South Side Community Federal Credit Union, we are committed to empowering our members to achieve their financial goals. We understand that life&#8217;s journey sometimes requires a helping hand, and that&#8217;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&#8217;t worry \u2013 becoming a part of the SSCFCU family is easy, come visit us or give us a call at 773-548-5500. Once you&#8217;re a member, applying for a loan has never been more convenient. You can initiate your loan application right in your member account.\u00a0 Discover the loan options tailored to your needs and aspirations with SSCFCU. We&#8217;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 \u2013 $10,000 for paying bills, debt consolidation and purchases. Application fee: $20.00 Terms: 6 months to 48 monthsAPR: 8.009% &#8211; 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\u2019s 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% &#8211; 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 &#8220;Alternative&#8221; Loans You can borrow between $400 \u2013 $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<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_canvas","meta":{"footnotes":""},"class_list":["post-1392","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Loans - South Side Community Federal Credit Union<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/southsidecommunityfcu.org\/w\/loans\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Loans - South Side Community Federal Credit Union\" \/>\n<meta property=\"og:description\" content=\"Loans At South Side Community Federal Credit Union, we are committed to empowering our members to achieve their financial goals. We understand that life&#8217;s journey sometimes requires a helping hand, and that&#8217;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&#8217;t worry \u2013 becoming a part of the SSCFCU family is easy, come visit us or give us a call at 773-548-5500. Once you&#8217;re a member, applying for a loan has never been more convenient. You can initiate your loan application right in your member account.\u00a0 Discover the loan options tailored to your needs and aspirations with SSCFCU. We&#8217;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 \u2013 $10,000 for paying bills, debt consolidation and purchases. Application fee: $20.00 Terms: 6 months to 48 monthsAPR: 8.009% &#8211; 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\u2019s 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% &#8211; 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 &#8220;Alternative&#8221; Loans You can borrow between $400 \u2013 $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\" \/>\n<meta property=\"og:url\" content=\"https:\/\/southsidecommunityfcu.org\/w\/loans\/\" \/>\n<meta property=\"og:site_name\" content=\"South Side Community Federal Credit Union\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/southsidecomfcu\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-19T00:02:36+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@southsidecomfcu\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/southsidecommunityfcu.org\/w\/loans\/\",\"url\":\"https:\/\/southsidecommunityfcu.org\/w\/loans\/\",\"name\":\"Loans - South Side Community Federal Credit Union\",\"isPartOf\":{\"@id\":\"https:\/\/southsidecommunityfcu.org\/w\/#website\"},\"datePublished\":\"2023-08-05T15:21:52+00:00\",\"dateModified\":\"2025-02-19T00:02:36+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/southsidecommunityfcu.org\/w\/loans\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/southsidecommunityfcu.org\/w\/loans\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/southsidecommunityfcu.org\/w\/loans\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/southsidecommunityfcu.org\/w\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Loans\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/southsidecommunityfcu.org\/w\/#website\",\"url\":\"https:\/\/southsidecommunityfcu.org\/w\/\",\"name\":\"South Side Community Federal Credit Union\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/southsidecommunityfcu.org\/w\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/southsidecommunityfcu.org\/w\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/southsidecommunityfcu.org\/w\/#organization\",\"name\":\"South Side Community Federal Credit Union\",\"url\":\"https:\/\/southsidecommunityfcu.org\/w\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/southsidecommunityfcu.org\/w\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/southsidecommunityfcu.org\/w\/wp-content\/uploads\/2023\/08\/SSFCUlogo_OLD.jpg\",\"contentUrl\":\"https:\/\/southsidecommunityfcu.org\/w\/wp-content\/uploads\/2023\/08\/SSFCUlogo_OLD.jpg\",\"width\":185,\"height\":142,\"caption\":\"South Side Community Federal Credit Union\"},\"image\":{\"@id\":\"https:\/\/southsidecommunityfcu.org\/w\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/southsidecomfcu\",\"https:\/\/x.com\/southsidecomfcu\",\"https:\/\/www.instagram.com\/southsidecomfcu\",\"https:\/\/www.youtube.com\/@SSCFCU\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Loans - South Side Community Federal Credit Union","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/southsidecommunityfcu.org\/w\/loans\/","og_locale":"en_US","og_type":"article","og_title":"Loans - South Side Community Federal Credit Union","og_description":"Loans At South Side Community Federal Credit Union, we are committed to empowering our members to achieve their financial goals. We understand that life&#8217;s journey sometimes requires a helping hand, and that&#8217;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&#8217;t worry \u2013 becoming a part of the SSCFCU family is easy, come visit us or give us a call at 773-548-5500. Once you&#8217;re a member, applying for a loan has never been more convenient. You can initiate your loan application right in your member account.\u00a0 Discover the loan options tailored to your needs and aspirations with SSCFCU. We&#8217;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 \u2013 $10,000 for paying bills, debt consolidation and purchases. Application fee: $20.00 Terms: 6 months to 48 monthsAPR: 8.009% &#8211; 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\u2019s 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% &#8211; 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 &#8220;Alternative&#8221; Loans You can borrow between $400 \u2013 $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","og_url":"https:\/\/southsidecommunityfcu.org\/w\/loans\/","og_site_name":"South Side Community Federal Credit Union","article_publisher":"https:\/\/www.facebook.com\/southsidecomfcu","article_modified_time":"2025-02-19T00:02:36+00:00","twitter_card":"summary_large_image","twitter_site":"@southsidecomfcu","twitter_misc":{"Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/southsidecommunityfcu.org\/w\/loans\/","url":"https:\/\/southsidecommunityfcu.org\/w\/loans\/","name":"Loans - South Side Community Federal Credit Union","isPartOf":{"@id":"https:\/\/southsidecommunityfcu.org\/w\/#website"},"datePublished":"2023-08-05T15:21:52+00:00","dateModified":"2025-02-19T00:02:36+00:00","breadcrumb":{"@id":"https:\/\/southsidecommunityfcu.org\/w\/loans\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/southsidecommunityfcu.org\/w\/loans\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/southsidecommunityfcu.org\/w\/loans\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/southsidecommunityfcu.org\/w\/"},{"@type":"ListItem","position":2,"name":"Loans"}]},{"@type":"WebSite","@id":"https:\/\/southsidecommunityfcu.org\/w\/#website","url":"https:\/\/southsidecommunityfcu.org\/w\/","name":"South Side Community Federal Credit Union","description":"","publisher":{"@id":"https:\/\/southsidecommunityfcu.org\/w\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/southsidecommunityfcu.org\/w\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/southsidecommunityfcu.org\/w\/#organization","name":"South Side Community Federal Credit Union","url":"https:\/\/southsidecommunityfcu.org\/w\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/southsidecommunityfcu.org\/w\/#\/schema\/logo\/image\/","url":"https:\/\/southsidecommunityfcu.org\/w\/wp-content\/uploads\/2023\/08\/SSFCUlogo_OLD.jpg","contentUrl":"https:\/\/southsidecommunityfcu.org\/w\/wp-content\/uploads\/2023\/08\/SSFCUlogo_OLD.jpg","width":185,"height":142,"caption":"South Side Community Federal Credit Union"},"image":{"@id":"https:\/\/southsidecommunityfcu.org\/w\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/southsidecomfcu","https:\/\/x.com\/southsidecomfcu","https:\/\/www.instagram.com\/southsidecomfcu","https:\/\/www.youtube.com\/@SSCFCU"]}]}},"_links":{"self":[{"href":"https:\/\/southsidecommunityfcu.org\/w\/wp-json\/wp\/v2\/pages\/1392","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southsidecommunityfcu.org\/w\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/southsidecommunityfcu.org\/w\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/southsidecommunityfcu.org\/w\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/southsidecommunityfcu.org\/w\/wp-json\/wp\/v2\/comments?post=1392"}],"version-history":[{"count":59,"href":"https:\/\/southsidecommunityfcu.org\/w\/wp-json\/wp\/v2\/pages\/1392\/revisions"}],"predecessor-version":[{"id":2138,"href":"https:\/\/southsidecommunityfcu.org\/w\/wp-json\/wp\/v2\/pages\/1392\/revisions\/2138"}],"wp:attachment":[{"href":"https:\/\/southsidecommunityfcu.org\/w\/wp-json\/wp\/v2\/media?parent=1392"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}