In the event you’ve been impacted by the federal authorities shutdown as an Elevations member, you could find monetary reduction choices.
As a credit score union, we’re dedicated to doing what’s proper for our members — particularly throughout unsure instances.
What’s included within the Authorities Shutdown Help Program?
Certified Elevations members could also be eligible for:
- Charge waivers on choose providers
- Skip-a-Pay on present Elevations shopper loans in good standing*
- Curiosity-free private loans throughout furloughs — equal to your month-to-month web pay, max $20,000**
- Curiosity-free private loans for job loss — as much as $5,000**
Curiosity-free private loans are payable in full 60 days after funding is issued.
Who qualifies?
To entry this help, members should:
- Be in good standing
- Present a latest pay stub
- Submit documentation of presidency furlough or job loss
Extra monetary sources from Elevations
We’re right here for you
In the event you’re a present Elevations member affected by the shutdown, we encourage you to succeed in out. Let’s discuss via your choices and discover the precise answer in your scenario.
👉 Name us or go to your native department to be taught extra about how we are able to assist you. Thanks for being an Elevations member.
All affords of credit score are topic to credit score, approval, and membership eligibility. All credit score union charges, phrases, and packages are topic to alter at any time.
*One (1) skip-a-payment is allowed per mortgage, per 12 months. Curiosity will accrue regardless that this fee just isn’t required. For closed-end loans, the time period of the mortgage can be prolonged and the entire finance cost will improve. For open-end loans (bank cards, and so on), the assertion steadiness will carry over to the subsequent month’s assertion and curiosity will nonetheless accrue. All different provisions of the unique mortgage settlement stay in impact besides these modified by this provide. Common fee schedule resumes the month following the chosen skip-a-payment month. All Elevations accounts have to be in good standing and all loans and contours of credit score have to be present previous to skipping a fee. Mortgage loans usually are not eligible for the skip-a-payment provide. Topic to approval.
**Topic to approval. This mortgage is particular to Elevations members (as of the date of the federal government shut-down) who’re authorities staff subjected to necessary furlough or lack of job. Just one furlough mortgage per member with an impressive steadiness allowed at a time. The utmost quantity of the furlough mortgage is $20,000. The utmost quantity for lack of job mortgage is $5,000. Elevations will lend as much as 30 days of web pay based mostly on pay stub offered for a furlough mortgage. A lack of job mortgage quantity is topic to approval. Mortgage quantity due in full 60 days after funding. Particular person purposes solely; joint or co-signers usually are not allowed.
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