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Are you ready for the $1,000 Whatever Loan?!
Authored By: Katie Stoeckle on 10/2/2019

Whatever Loan

Get ready for the $1,000 Whatever Loan!

The $1,000 Whatever Loan with no credit score limit* begins on November 4! Are you ready?

We want you to enjoy the benefits of the Whatever Loan as soon as possible. Whether you’ve received the Whatever Loan in the past or you’re looking to apply for the first time, here’s a list of what you’ll need to have in place:

· Direct Deposit of your net pay into an MFCU checking account

· Most recent pay stub

Invite your friends and family to find their happy with us.  The Whatever Loan might be just what they need too!

If the Whatever Loan doesn’t meet your needs, we have other lending options available.

*A $25 processing fee will be assessed and may be funded with the loan, bringing total loan amount to $1,025.  In order to receive the Whatever Loan you must not have caused MFCU a loss, must be at your place of employment for at least 6 months, and be eligible for membership. A Whatever Loan of $1,025, covered with life and disability insurance, will have 12 monthly payments of $95.80 and an annual percentage rate of 22.750% APR.  Insurance not required.  Additional restrictions may apply.



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Comments
Timing
12/2/2019 12:32 PM an anonymous user.
How quickly will the loan be processed ?
Reply From Members First Credit Union:

Thanks for your inquiry.  The speed of the process will depend on if the applicant has everything in order, particularly making sure the direct deposit into an MFCU checking account is verified, as is verifying 6 months of employment.  To learn more about your particular qualifications over a secure platform, please contact us at 885.835.6328 x. 0.  We look forward to helping you find your happy!

 

 

Whatever Loan
11/9/2019 5:00 AM an anonymous user.
So if you did the whatever loan last year but this year you switched jobs 3 months ago- I was in maternity leave and my job at the time let me go due to issues with HR- wasnít worth fighting over. Am I going to be able to get the whatever loan again? Iíve always made the payments and my income is about the same.
Reply From Members First Credit Union:

Caitlyn,

There are requirements for the limited-time Whatever Loan, but we do have many other lending options available for you. Please stop into your local branch, give us a call at 855.835.6328, or utilize our Live Chat feature through Online Banking to chat with us about a solution we can find for you. Thank you!

Members First Credit Union 

What ever loan
10/26/2019 9:20 AM an anonymous user.
How do I know if I was pre-approved for the what ever loan. I recently moved and don't know if I received a letter. I have been getting $1,500 every year for the last few years.
Reply From Members First Credit Union:

Thanks for your inquiry.  We would love to discuss this further with you on a secure platform.  Please contact our Contact Center at 855.835.6328 x.0 or visit the Live Chat feature on Online Banking.  We look forward to helping you find your happy!

10/23/2019 3:21 PM Richard Z. from Clare, MI
how long does whatever loan run
Reply From Members First Credit Union:

Thanks for the inquiry.  There is no set end date, but in years past it has expired on December 31 of that same year.  Make sure to get yours before it's gone!

10/22/2019 2:55 PM Kathy H. from LAKE, MI
I only have a saving acct there so Im not eligible for the whatever loan?
Reply From Members First Credit Union:

Thanks for your inquiry.  One of the requirements of the Whatever Loan is having direct deposit in your checking account at MFCU.  If you would like to discuss your situation further over a secure line, please contact us at 855-835-6328 x.0.  We look forward to helping you find your happy!

10/22/2019 12:50 PM Richard Z. from Clare, MI
how long does the whatever loan run
Reply From Members First Credit Union:

Thanks for the inquiry.  There is no set end date, but in years past it has expired on December 31 of that same year.  Make sure to get yours before it's gone!

10/16/2019 11:01 AM an anonymous user.
If you still have a Whatever loan from last year are you eligible for a new loan or does the old one have to be paid off completely first?
Reply From Members First Credit Union:

Thanks for your inquiry.  We would love to discuss this further with you on a secure platform.  Please contact our Contact Center at 855.835.6328 x.0 or visit the Live Chat feature on Online Banking.  We look forward to helping you find your happy!

Whatever Loan
10/15/2019 8:57 AM an anonymous user.
Can the Whatever loan be done online?
Reply From Members First Credit Union:

Thanks for your inquiry.  You would be able to apply for the Whatever Loan, but not until it is open to the entire membership on November 4. If you have any other questions, please contact our Contact Center at 855-835-6328 x. 0.  We look forward to helping you find your happy!

10/11/2019 12:03 PM ABIGAIL B. from BEAVERTON, MI
Can I get money before the 4th of November if I'm preapproved?
Reply From Members First Credit Union:

Thanks for your inquiry.  If you were preapproved, you would have received a letter in the mail stating the approval dates of October 21-November 7, 2019.  This is only for members who have been preapproved.  If you need to check the status of your preapproval, you may contact our Contact Center at 855-835-6328 x. 0.  We look forward to helping you find your happy!

Whatever Loan
10/10/2019 11:55 AM an anonymous user.
Hello
I have always received a preapproval letter for the whatever loan but have not received as of yet. Have the letters been mailed out? Also, is it the same as last year as far as amount? I know the first year was $1000 but last year was $1500.00 thank you!
Reply From Members First Credit Union:

Pre-approval letters have already been mailed out. If you have any questions in regards to your account or the Whatever Loan, please stop into a branch or give us a call at 855.835.6328. Thanks!

Whatever Loan
10/9/2019 10:06 AM Angela V. from Grand rapids, MI
Is there certain dates to use your pre-approval letter for the 1500 preapproval whatever loan Iím going to be on vacation
Reply From Members First Credit Union:

Thanks for your inquiry.  If you were preapproved for Whatever Loan, you should have recently recieved a letter in the mail.  The preapproval time frame is from October 21-November 8, 2019.  We look forward to helping you find your happy!

10/7/2019 9:34 PM Gretchen J. from Gladwin, MI
Interested in Whatever Loan
Reply From Members First Credit Union:

Please stop into a branch or give us a call at 855.835.6328 and we would be happy to answer any questions you may have!

Whatever loan
10/7/2019 4:50 PM Chris O. from Coleman, MI
What if you dont make $1,000 through the month but can still afford the payment?I've had the loan before and just this last year was told if you dont make a certain amount you cant get the full loan amount.
Reply From Members First Credit Union:

Thanks for your inquiry.  We would love to discuss this further with you on a secure platform.  Please contact our Contact Center at 855.835.6328 x.0 or visit the Live Chat feature on Online Banking.  We look forward to helping you find your happy!

Amount and early
10/7/2019 7:54 AM an anonymous user.
Are you guys still offering early dates to those members who have did the whatever loan before? I know last year some received letters in the mail. 2) Is the whatever amount higher than the $1000 for some members who have did it before? I believe $1500 to $2000 was the extra amounts.
Reply From Members First Credit Union:

Thanks for your inquiry.  If you were preapproved for the Whatever Loan, you should be receiving a letter in the mail this week. If not, you can still get the $1,000 Whatever Loan or try one of our other lending options.  We look forward to helping you find your happy!

10/4/2019 4:32 PM an anonymous user.
When are the flyers sent out for the customers who can go in early and get the loan?
Reply From Members First Credit Union:

Thanks for your inquiry.  If you were preapproved for the Whatever Loan, you should be receiving a letter in the mail this week. If not, you can still get the $1,000 Whatever Loan or try one of our other lending options.  We look forward to helping you find your happy!

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Members First Credit Union | P.O. Box 2165 | Midland, MI 48641
Phone 855-835-MFCU (6328) | mail@mfcu.net

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