Loan Accounts
CredUMed Loan
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Essentials
Aero’s CredUMed loan allows members to access funds to pay the annual premium in the CredUMed medical plan. This facility allows members to borrow funds up to 2 ½ times their share capital.
Interest rate
0.50%
on the reducing balance.
Requirements
Here are the requirements to qualify for our CredUMed Loan:
- Relevant documents
- Two (2) forms of valid ID
- Proof of income i.e. recent job letter and salary slip
- Proof of address i.e. recent utility bill/bank statement
- Payment of applicable loan and Transunion fees
How much can I borrow?
%
Per Month On The Reducing Balance
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Payment Information
Your Monthly Payment Will Be: $0.00
Note: The calculators are intended as a guide only based on the information you input. The results should not be considered approval for a loan. To find out exact amounts you should speak to us. The repayment amounts and total interest calculations exclude any fees and charges that may be charged to your loan which, if they apply, will add to the cost of loan. Other fees and charges also apply. Conditions apply to all loan options. Interest rates and repayment amounts are subject to change. Applications for a mortgage loan are subject to approval and satisfactory security. Full terms and conditions will be in our loan offer.
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