Loans

To learn more about our loans, click on a loan type below !!!

Click here to print a loan application !!! Fax application to (337) 475-5129.

We offer:

Rapid loan decisions and same day loan closings on most loans.
No loan processing fees.
No loan origination fees.
No pre-payment penalties.
McNeese payroll deduction for monthly loan payments.

Credit Life Insurance

The McNeese Federal Credit Union offers credit life insurance for borrowers to cover the unpaid balance of loans up to a maximum of $15,000. Loan Protection insurance is subject to age and health requirements.

Credit Disability Insurance

Credit Disability Insurance is offered to members on all types of loans. The cost of the insurance premium is financed into the loan. The disability insurance is not required for loan approval and is subject to age and health requirements.

Notice

Loan rates apply to all NEW MONEY loan request. Existing loans may only be refinanced at the new lower rate, if the amount of NEW MONEY borrowed exceeds the existing loan balance at the time of the renewal. Interest rates are subject change without prior notice.

Skip A Payment

Borrowers have the option of requesting a Skip-A-Payment every six months on unsecured loans. Borrowers have the option of requesting a Skip-A-Payment once a year on secured loans. Skip-A-Payments are not allowed on loans funded to pay insurance premiums regardless of the term of the loan. Call the credit union for details and to verify your eligibility.

Excellent Credit Rating

*An excellent credit rating is defined as no prior bankruptcies within the past ten (10) years, no delinquencies within the past thirty six (36) months, no outstanding collection items or charge offs.

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