Youth Loans
Our Youth Loan can help you with your financial situation while helping you build good borrowing and savings habits at the same time!
Begin building the 3 Cs of credit – Capital, Capacity, and Character.
- You can borrow cash for:
- Prom
- Yearbook
- Musical instruments
- Summer job expenses (a lawn mower, etc.)
- Or whatever your needs are!
These loans are only available to Student Club Members age 10 through 18 and are available in amounts from $100 to $500. In getting this loan, the credit union will help you succeed at become an educated borrower by beginning a regular savings plan for you and bringing you up to speed on the facts of borrowing.
Here’s what you need to know:
- A signed parental consent form is required if under the age of 18
- You must be receiving some sort of verifiable income (part-time job, allowance, babysitting, etc.)
Does this sound cool to you? Email us at mail@mfcu.net and tell us you’re interested or call the Loan department directly at 1-888-835-5151 ext. 2.
