Christmas Box Loans

  • Posted by: admin

We are pleased to advise that your Credit Union is once more offering the Christmas Box Loan facility. Kindly note that this year, with this facility, MASSY STORES vouchers ONLY will be distributed for the value of the loan.  The following conditions will apply to the Christmas Box facility this year:

Eligibility

  • The Christmas Box Loan facility is open to all members in good standing.
  • The Christmas Box Loan facility is an annual one which must be repaid within one year. As a result, members’ eligibility will be affected where outstanding balances exist.

Value & Amount

The Christmas Box Loans will be Two Thousand Dollars ($2,000.00) each and carries a Fifty Dollars ($50.00) loan fee.  The Installment will be $110.00 per fortnight.

Registration

  • Members accessing this facility must complete an application form during the period Friday 21st September, 2018 to Friday November 3rd, 2018.
  • Pay slips, as well as a recent utility bill and I.D. must also be supplied when completing the application form for the Christmas Box Loan to be processed.  All utility bills must be in  the members name or alternatively, authorization to use the bill must be presented

Distribution

Vouchers will be distributed from December 3th, 2018 to December 7th, 2018.

Closure of Loans

Members kindly note also that all loans will be closed for the period from Thursday December 13th, 2018 to Friday, January 11th, 2019.  As such, please complete all applications no later than Wednesday 12th December, 2018.   Loans will re-open on Monday, January 14th, 2019.

Author: admin

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