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Introducing Western's New Advancement Loan
Western is pleased to provide members a short-term loan to help get through the difficult times. Western's new Advancement Loan is designed to be very easy for members to get without having to pay outrageous interest rates or fees.
The Advancement Loan features:
- Loan amounts up to $500
- No credit application required
- No application fee
- No interest or fee if paid within one day of advance
All advances made will be due one (1) calendar day after the advance is made. If not repaid by this time, a deferral fee of 5% of the total advance will be applied.
Eligibility for this product requires:
- Ongoing or periodic Direct Deposit to your Western Checking or Savings Account of not less than $500
- Good standing with Western
- No outstanding Advancement Loans or loan obligation delinquent 30 days or more
- Must be a Western member for 30 days or longer
To take advantage of this loan, you must first sign and submit an Advancement Loan Agreement to Western. Once the agreement is on file, you can then request subsequent loan advances and receive easy funding.
To learn more about this loan:
- Call 877-254-9328, option 3 or
- Visit your local branch
All loan advances must be paid within 30 days of funding.
