Loan Application

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An * indicates a required field.

General Loan

Thank you for choosing Memphis Area Teachers' Credit Union for your lending needs. To begin your loan request, complete the information below.

Married Applicants: May apply for a separate account.
Individual Credit means only one borrower is responsible for repaying this loan unless another person has agreed to guarantee or co-sign the loan.
Joint Credit means more than one person (a borrower and co-borrower(s)) is responsible for repaying the loan.

Loan Type *
Loan Amount *
Loan Purpose Description *
Method of Payment
Payment Frequency
Term In Months *

Information About You You must be the primary account holder to apply for a loan, not the joint owner. Married Separated Unmarried (Single, Divorced, Widowed) Applicant Name: (First Middle Last) * Present Address City, State, Zip Email Address Own Rent Monthly Rent or Mortgage Payment Phone (Home)* Phone (Business) Date of Birth Social Security #* Account #* Drivers License # * REQUIRED FIELDS!

Information About Your CO-Applicant or Guarantor Married Separated Unmarried (Single, Divorced, Widowed) Complete for joint credit, secured credit or if you live in a community property state. CO-Applicant Name: (First Middle Last) Present Address City, State, Zip Email Address Own Rent Monthly Rent or Mortgage Payment Phone (Home) Phone (Business) Date of Birth Social Security # Account # Drivers License #

Income

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Information About You Present Employer Name: Present Employer Address: Job Title/Grade Date Employed  Self-Employed Annual Gross Income :*$   Previous Employer Name: Job Title/Grade Years/Months Employed Other Income: $    per  year month week Source: You need not reveal income from alimony, child support, or separate maintenance payments unless you want it considered in evaluating this credit application. * REQUIRED FIELDS!

Information About Your CO-Applicant or Guarantor Present Employer Name: Present Employer Address: Job Title/Grade Date Employed  Self-Employed Annual Gross Income :*$   Previous Employer Name: Job Title/Grade Years/Months Employed Other Income: $    per  year month week Source: You need not reveal income from alimony, child support, or separate maintenance payments unless you want it considered in evaluating this credit application.

 

	[Applicant]	[Co-Applicant]
Is any income you have shown likely to reduce in the next two years?	Yes No	Yes No

Complete the information below. If you want to pre-qualify for a loan and are unsure of the type of collateral you will be using, type "unknown" into the "Make" field. Click "Add Collateral" if you are using multiple items as collateral.

Primary Collateral? *	YesNo
Is this a purchase? *	YesNo
Will this be a new auto or a used auto loan?	NewUsed
Model Year
Make
Model
Vehicle ID Number
Is there a trade-in?	YesNo
If yes, it it financed?	YesNo
If yes, with whom?

Branch at which you wish to close
Contact phone

It is the Credit Union's policy not to discriminate against any applicant with respect to race, color, religion, national origin, sex, marital status, age, the receipt of public assistance, part time income, or exercising rights under any consumer protection credit act. In addition, it is our policy not to discriminate based on familial status or a handicap in the extension of credit for housing. It is the Credit Union's intent to comply with all consumer credit protection statutes and regulations. When applicable, a Personal Identification Number (PIN) may be issued. This PIN, when validated will allow you, the Co-applicant and any authorized users, to access the Credit Union's Credit Card and/or ATM accounts through participating ATM networks, subject to the terms and disclosures of the Credit Card Agreement and Electronic Funds Transfer Disclosure for Credit Card and ATM access. You understand that use of your Credit Card will constitute acknowledgment of receipt and agreement to the terms of the Credit Card and/or ATM Access Card Disclosures.
YOU AGREE THAT EVERYTHING STATED IN THIS APPLICATION WHETHER ORAL, WRITTEN, OR THROUGH A FAX MACHINE IS CORRECT TO THE BEST OF YOUR KNOWLEDGE. THE CREDIT UNION IS AUTHORIZED TO INVESTIGATE YOUR CREDIT-WORTHINESS, EMPLOYMENT HISTORY, AND TO OBTAIN A CREDIT REPORT AND TO ANSWER QUESTIONS ABOUT THEIR CREDIT EXPERIENCE WITH YOU. YOU UNDERSTAND THAT ANY FALSE OR MISLEADING STATEMENTS IN YOUR APPLICATION MAY CAUSE ANY LOAN OR EXTENSION TO BE IN DEFAULT. YOU UNDERSTAND THAT 18 U.S.C. 1014 MAKES IT A FEDERAL CRIME TO KNOWINGLY MAKE ANY FALSE STATEMENT ON THIS APPLICATION.

I AGREE

By submitting, you pledge to the Credit Union and grant to it a security interest in your shareholdings with the Credit Union including paid shares, and future payment on shares to secure your account(s). You authorize the Credit Union to apply these shareholdings to pay any amounts due on the account(s) approved under this application for credit.