Down East Credit Union

"Whatever" Loan

Down East Credit Union offers an annual, no credit pull, "Whatever Loan" to its membership. This signature loan is for members who may have a need for "Whatever"...

The Qualifications are Simple:

  • Must be at current employer for 6 months or more
  • Must have a DECU checking account open for a minimum of 6 months (Fresh Start excluded)
  • Must have 6 consecutive months of FULL payroll direct deposit into DECU checking
  • Must be 18 years of age or older

Product Features:

  • Loan amount is a maximum of 50% of monthly income
  • Minimum loan amount is $250 - and Maximum loan amount is $1000
  • Quick & convenient way of obtaining money for small purchases, car repairs, etc
  • 12 month Term
  • 18% rate
  • No Credit Report necessary
  • Convenience of automatic transfer; set up payroll deduction to transfer directly to loan based on frequency of pay

Additional Guidlines:

  • See a Member Service Representative for more details.

Down East Credit Union ~ 1-800-427-1223 ~

NCUA and Equal Housing Lender

Down East Credit Union is a Maine Credit Union Serving Washington, Waldo, Hancock, Penobscot, Lincoln,
Kennebec, Sagadahoc, and Knox Counties, and the towns of Brunswick and Harpswell in Cumberland County.
Branch offices are located in Baileyville, Machias, Belfast, Unity, Bangor, Calais, Richmond, and Topsham.

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