Holiday Loan Request

• $1,000/$1,500 Loan @ 14.9% APR (last years Grand Holiday Loan must be paid in full)
• NO Credit Check Required
• Must be a Member over one year and in Good Standing
• November 1st through January 31st
• $35/$50 Application Fee applies

^* Denotes Required Field

Loan Type:

Transfer Type:

^*Member #

^*Member Full Name:

^*Social Security Number:

^*Phone Number:

^*Physical Address (NO P.O. Box):

^*City:

^*State:

^*Zip:

Home Phone:

Work Phone:

^*Email Address:

* Personal Reference: Closest relative not living with you

^*Full Name:

^*Reference Phone Number:

^*Relationship:

^*Supervisor’s Name:

^*Supervisor’s Phone Number:

Payment Frequency	# of Payments	Amount of Payments	Annual Percentage Rate	Amount Financed	Total of Payments
Monthly	12	$90.53 *	14.9%	$1,000	$1,086.26 *
Bi-Weekly	24	$45.17 *	14.9%	$1,000	$1,083.86 *
Monthly	12	$135.79 *	14.9%	$1,500	$1,629.38 *
Bi-Weekly	24	$67.75 *	14.9%	$1,500	$1,625.82 *

Borrower understands that a copy of this LOAN DISCLOSURE STATEMENT, NOTE AND SECURITY AGREEMENT will be sent to them when funds are disbursed. For value received, Borrower promises to pay to the order of Lender the principal amount (consisting of the above Amount Financed) of the above loan, with interest at a rate per annum equal to the Annual Percentage Rate shown above on the balance of such principal amount from time to time remaining unpaid. Such payments shall be made in the installments provide for the above Payment Schedule, and if Borrower shall fail to pay any installment in full on or before the due date of such installment, the Lender, at its option, may declare this loan to be immediately due and payable. Borrower at that time agrees to pay the total unpaid balance as well as any additional interest on the principal amount of such installment, at the rate of interest specified above, from such due date until such principal amount is paid in full, where permitted by law. Borrower also agrees to reimburse Lender promptly for (a) all costs and expenses, including collection costs, reasonable attorney’s fees and legal expenses incurred by Lender in endeavoring to collect or enforce any of the liabilities or to realize upon any of the Collateral and (b) all expenses incurred by Lender in performing any agreement of Borrower herein which Borrower shall fail to perform or in taking any other action which Lender deems necessary for the maintenance or preservation of any Collateral or Lender’s interest therein

Borrower shall have the right to prepay the principal amount of the Loan, without penalty, in full or in part, at anytime, provided that Borrower shall have paid all interest then accrued on the Loan. Borrower authorizes Lender t receive information from others about Borrower’s credit history or employment. Borrower also authorizes Lender to release to others, information regarding Borrower’s credit and account (s) experience with Lender. (* Estimate)

I AUTHORIZE NODA FEDERAL CREDIT UNION TO TRANSFER MY LOAN PAYMENTS FROM MY NODA ACCOUNT AND TO DEDUCT $35 OR $50 FROM MY LOAN PROCEEDS. I UNDERSTAND THAT I AM RESPONSIBLE FOR STARTING OR INCREASING MY PAYROLL DEDUCTION SO THAT FUNDS ARE AVAILABLE FOR THE LOAN PAYMENT TO TRANSFER.

I agree to the terms set forth in the Holiday Loan agreement.