Get the Facts
1st Time Borrower Loan
Quick Turn Around Time on Approval
Convenient Payment Options
Exceptional Member Service
Borrowing money for the first time can be a bit intimidating and confusing. Not to mention the challenge of qualifying for a loan because you do not have any credit established, to begin with.
SEI Credit Union knows how difficult this can be, so we created a way to help our members qualify and overcome this challenge.
If you apply for a loan with SEI Credit Union, we will waive the requirement of having a credit score and discount your interest rate from 18% to 7.99%. All you have to do is open up a KASASA checking account with SEI and set up a Direct Deposit from your employer. This way we can also help establish your banking account and set up an automatic payment for your loan, and you will be well on your way to building your credit for future needs.
Credit Life & Credit Disability Insurance
Credit Life & Credit Disability Insurance is a voluntary payment protection available to eligible borrowers at group rates. Life Insurance pays off or reduces the loan balance in the event of an insured borrower’s terminal illness, accidental dismemberment, or death. Disability Insurance helps make monthly loan payments if the insured borrower is totally disabled for longer than the waiting period.