Jump Start Loan

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Essentials

UNSECURED LOAN AMOUNT: $10,000

INTEREST RATE: 1.25%

REPAYMENT PERIOD: 24 MONTHS

MONTHLY INSTALLMENTS: $484.87

Interest rate

1.25%

on the reducing balance

QUALIFICATION CRITERIA:

  • Join Aero Services Credit Union
  • Minimum Monthly Share Contribution: $200.00
  • Deposit to members Share Account: $5,000.00
  • Cheque payment to member: $5,000.00
  • Permanent employees
  • Contract employees (Loan must be repaid within contract period)
  • Available only via salary deduction of bank standing order
  • Total Loan fee $130.00 (TransUnion fee: $55.00 Loan fee: $75.00)
  • Ability to repay
  • Normal Lending Criteria (Loan fee, debt service ratio, credit check, salary deduction, bank standing order, all supporting documents i.e. job letter, payslip and utility bill)
  • Approval Process – Credit Committee
  • No Share withdrawal/No refinancing until loan is full paid off.

How much can I borrow?

%
Per Month On The Reducing Balance


Enter Loan Information
Amount of the loan:
Repayment period: OR
Loan start date: Generate Table

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.

Get in touch

Give us a call

868-640-6416/6418

Head Office

868-363-7298

Tobago

Send us an email

info@aeroservicescu.com