Loans
HELP Loans
When you least expect it, you could require emergency access to cash. If this happens to you, get a little H.E.L.P. from NIHFCU’s Honest Emergency Loan Program. Loan amounts of $500 to $1,000 are available at an 18% fixed APR (Annual Percentage Rate).
To qualify for this loan, you must:
•be a member of NIHFCU for at least 2 months
•have established direct deposit with NIHFCU of full paycheck or benefits, e.g., Social Security. Repayment source must be set for automatic payment.
• be a member in good standing
For more details, call us or stop by any branch location.
Repayment must be made in 4 monthly payments, 8 semi-monthly payments, 9 bi-weekly payments, or up to 18 weekly payments. All member accounts must be positive balances and loans must be current. Member must show official ID and a recent pay stub at time of application. First payment due a minimum of 10 days after the advance or the next direct deposit date. If the member is more than 10 days late on a payment, a fee of 5% of the past due amount or $20 (whichever is greater) will be assessed. Limit one (1) HELP loan per member at a time.
