If you happen to’ve been impacted by the federal authorities shutdown as an Elevations member, you could find monetary aid choices.
As a credit score union, we’re dedicated to doing what’s proper for our members — particularly throughout unsure instances.
What’s included within the Authorities Shutdown Help Program?
Certified Elevations members could also be eligible for:
- Price waivers on choose providers
- Skip-a-Pay on present Elevations client loans in good standing*
- Curiosity-free private loans throughout furloughs — equal to your month-to-month internet pay, max $20,000**
- Curiosity-free private loans for job loss — as much as $5,000**
Curiosity-free private loans are payable in full 60 days after funding is issued.
Who qualifies?
To entry this help, members should:
- Be in good standing
- Present a current pay stub
- Submit documentation of presidency furlough or job loss
Extra monetary assets from Elevations
We’re right here for you
If you happen to’re a present Elevations member affected by the shutdown, we encourage you to succeed in out. Let’s discuss by means of your choices and discover the appropriate resolution in your scenario.
👉 Name us or go to your native department to be taught extra about how we will help you. Thanks for being an Elevations member.
All provides of credit score are topic to credit score, approval, and membership eligibility. All credit score union charges, phrases, and applications are topic to alter at any time.
*One (1) skip-a-payment is allowed per mortgage, per yr. Curiosity will accrue despite the fact that this fee will not be required. For closed-end loans, the time period of the mortgage shall be prolonged and the whole finance cost will enhance. For open-end loans (bank cards, and so forth), the assertion steadiness will carry over to the subsequent month’s assertion and curiosity will nonetheless accrue. All different provisions of the unique mortgage settlement stay in impact besides these modified by this provide. Common fee schedule resumes the month following the chosen skip-a-payment month. All Elevations accounts have to be in good standing and all loans and features of credit score have to be present previous to skipping a fee. Mortgage loans usually are not eligible for the skip-a-payment provide. Topic to approval.
**Topic to approval. This mortgage is particular to Elevations members (as of the date of the federal government shut-down) who’re authorities workers subjected to obligatory furlough or lack of job. Just one furlough mortgage per member with an impressive steadiness allowed at a time. The utmost quantity of the furlough mortgage is $20,000. The utmost quantity for lack of job mortgage is $5,000. Elevations will lend as much as 30 days of internet pay based mostly on pay stub offered for a furlough mortgage. A lack of job mortgage quantity is topic to approval. Mortgage quantity due in full 60 days after funding. Particular person purposes solely; joint or co-signers usually are not allowed.
1 GreenPath and Zogo are impartial third events.
