Loans

Question about a loan?

You can now download a Maple loan application! Complete and fax the document to 337-233-6234!

Call Darla at (337) 233-6264

Maple Federal Credit Union provides loans for various amounts and purposes. Our loan program is a risk-based system which means that your rate is determined by a combination of your credit score (your history with all creditors), your debt ratio (your debts in relation to your income) and your loan history with Maple FCU. Why risk-based lending? Risk-based lending promotes the value of good credit and prompts higher credit risk members to better their credit in order to pay lower rates. The lower the credit risk-the lower the rate charged on the loan!

Is checking your credit report a good idea? Certainly, with identity theft on the rise it is a good idea to keep a close eye on your credit. Plus, creditors can mistakenly report credit information about you that could affect your ability to borrow in the future or cause you to pay a higher rate when borrowing. Wouldn’t it be worth it to know how your credit is reporting before you borrow? Visit www.annualcreditreport.com to receive your free credit report.

Bounce protection for your share draft account can save you money and heartache for that occasional mistake in your checking account.

Whatever your needs are whether it is debt consolidation, home repairs, honey-do’s, etcetera—our personal loan program is sure to fit your needs. Maple FCU offers personal loans up to $20,000 depending on qualifying criteria.

Maple FCU offers up to 100% financing (to qualified borrowers) on all vehicle types. Terms vary depending on the age of the vehicle. New vehicles are defined as future, current or one (1) year old model with less than 25,000 miles (if applicable) and must come with new or remaining factory warranty (no reconstructed vehicles).

You may borrow up to 100% against your available shares as security for a share or share certificate (CD) loan. Rates paid will be 2% above the paying rate on your share or share certificate account. This is a great way to borrow—making your money work for you.

Use your Maple FCU VISA for your everyday needs and have the flexibility and backing of VISA at your fingertips.

Beginner Loans are for members with NO established credit; however the member must meet all other minimum requirements. Beginner loans are great for up and coming young adults to get started on the right track with credit. Beginner loans start with amounts as high as $500 for the first loan and must be repaid within six (6) months. Members may have up to four (4) beginner loans, plus a beginner VISA—thus starting them on a solid creditworthy path.