LOANS - QUALIFICATION CRITERIA
- The applicant must not have any history of non-performing loans with the Cooperative.
- The applicant must not possess a negative report in the Credit Registry.
- The applicant is required to hold a minimum of 200,000 units of cooperative shares.
- The applicant is prohibited from simultaneously applying for a Pension advance and a Senior’s Loan.
DOCUMENTATION REQUIRED FOR LOANS AND ADVANCES
- Completed Application Form.
- Status Inquiry Form/Credit Check (if applicable).
- Signed Letter of Set Off.
- Accepted Offer Letter.
- Signed Standing Order Letter.
- Bank Statement (if applicable).