Government Shutdown Loan Program
If you or someone you know is a member of Vantage West, and is in need of assistance during the current government shutdown, Vantage West is here to help.
We are offering two ways to help furloughed members bridge the gap between paychecks. First, unsecured loans with special rates and terms. Second, modifications to existing loans you have with us.
Features
Unsecured Loans
- Loans up to two-times the member’s net monthly income or $5,000, whichever is less
- 90 days until first payment
- 24-month loan term
Loan Modifications
- Extend your existing loan payment(s) during the time you are not receiving a paycheck for up to three months.
Qualifications
- Member must be employee of the federal government
- Provide copies of their two most recent pay stubs or verify income through direct deposit
- May need to provide official furlough notice
Disclosures
Qualifying signature loan rate range from 9.75% APR – 26.00% APR=Annual Percentage Rate. Rate based on creditworthiness and subject to change. All loans are subject to approval. Certain restrictions may apply. Payment example: A loan of $1,500 for 24 months at 10.00% APR will have a monthly payment of $69.24.
