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The $1,000 Whatever Loan is back!
Authored By: Katie Stoeckle on 11/4/2019

Whatever Loan

The $1,000 Whatever Loan is back!

The $1,000 Whatever Loan with no credit score limit* is back for a limited time. 

What is a Whatever Loan?
It's a bills-paying, vacation-taking, 'I'm going to use this for whatever' loan!

Whether you want to give your family the best holiday season yet, finally catch up on those bills, or even just get ready for the long winter ahead, the Whatever Loan could be right for you.

Come see us at your favorite branch and find your happy with the $1,000 Whatever Loan.

Apply Now

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, have direct deposit in your checking account at MFCU before funds will be disbursed, and be eligible for membership. A Whatever Loan of $1,025, covered with life and disability insurance, will have 12 monthly payments of $96.31 and an annual percentage rate of 22.80% APR.  Insurance not required.  Additional restrictions may apply.



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Comments
12/3/2019 4:04 PM an anonymous user.
Do you pull a credit report for the Whatever Loan?
Reply From Members First Credit Union:

Thanks for your inquiry.  Yes, there is a credit report pulled when applying for the Whatever Loan.  There is no minimum credit score required to receive the Whatever Loan, the report is pulled to see what other loans you may qualify for.  If you have any further questions, please contact us at 855-835.6328 x.0.

Income
11/22/2019 12:15 PM an anonymous user.
Do social security checks count as income?
Reply From Members First Credit Union:

Thanks for your inquiry.  Yes, those checks can be considered as income in certain situations.  To discuss your eligibility requirements further on a secure platform, please contact us at 855.835.6328 x. 0.  Thanks!

Ms.
11/19/2019 6:02 PM an anonymous user.
Why cant u get the whatever loan if u dont get direct deposit? Ive been with the same bank and same job 5yrs now. I dont feel its fair.
Reply From Members First Credit Union:

Thanks for your inquiry.  Direct deposit is one of the stipulations of the Whatever Loan.   However, it is not a requirement for other lending options which may interest you, check those out here: https://www.mfcu.net/OtherLendingOptions.  If you have account specific questions, please contact our Contact Center at 855.835.6328 x. 0. 

Thank you!
11/19/2019 4:43 PM Crystal Y. from Midland, MI
I just want to give big KUDOS for the online application & approval process. It made getting my "whatever loan" so much easier this year! The process was user friendly, quick and easy! Thank you!
Reply From Members First Credit Union:

Thank you for applying for our Whatever Loan.  We appreciate your membership and look forward to helping you with your financial needs in the future!

11/19/2019 10:39 AM an anonymous user.
If I have a fast cash loan can I get a whatever loan this year?
Reply From Members First Credit Union:

Thanks for your inquiry.  At this time, we only allow members to have either a Whatever Loan or Fast Cash Loan.  There is an option to pay off a Fast Cash Loan to get the Whatever Loan.  To speak with someone about your unique situation, please contact our Contact Center at 855.835.6328 x. 0.   We look forward to helping you find your happy!

11/4/2019 3:19 PM Giovanna B. from Midland, MI
Hi,do i have to qualify to get the whatever loan? I got one last year.
Reply From Members First Credit Union:

There are certain requirements you must have to recieve the Whatever Loan, but we do have other lending options as well. 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! 

11/4/2019 2:23 PM Kim M. from Midland, MI
Can I apply online for the Whatever Loan?
Reply From Members First Credit Union:

Yes you can apply both in branch and online for the Whatever Loan. Please visit mfcu.net/WhateverLoan for details and click the "Apply Now" button if you would like to apply online. Thanks!

Julia
11/4/2019 11:58 AM an anonymous user.
Is the whatever loan working on line yet? I went to apply but I am not sure what loan to pick for the whatever loan.
Reply From Members First Credit Union:

The Whatever Loan is available to apply online and has it's own section on the dropdown menu for what type of loan you would like to apply for. Please let us know if you have any other questions. Thanks!

11/4/2019 11:57 AM Heather B. from Midland, MI
do you have to go into the branch to apply for the whatever loan or can you do it online
Reply From Members First Credit Union:

You can apply online as well as in the branch. Please visit mfcu.net/WhateverLoan for details and click the "Apply Now" button if you would like to apply online. Thanks!

Misleading
11/4/2019 11:32 AM Phillip R. from Harrison, MI
I came in a month ago to talk to a loan representative and when I was told about the loan I wasn't told you had to have a checking account. It's unfair to the members you have that are unable to have a checking account because you wont give them one. I hope you all remedy this situation because I'm going to be taking my business elsewhere.
Reply From Members First Credit Union:

Phillip,

The checking account is a requirement for the limited-time Whatever Loan, but we do have many other lending options available for you that do not require a checking account. 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 different solution we can find for you. Thank you!

Members First Credit Union 

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

Federally insured by NCUA.
We do business in accordance with the Fair Housing Law.