Credit Unions helping new immigrants in New York!
We take pride in sharing this article "Credit unions Fill Unmet Needs for Immigrants, Asylum Seekers," by New York Credit Union Association which sheds light on how credit unions are addressing the needs of numerous immigrants and asylum seekers in the United States. These credit unions are not only offering a secure place for them to save money but are also extending their support through ITIN services, enabling them to pay taxes and become integral parts of the society they aspire to be a part of.
Specifically, LES People's FCU has provided safe accounts and assisted with ITIN applications for over 600 members this year alone, contributing to our growing number of ITIN holders, which has now surpassed 1,500.
Aligned with our mission, we strive to empower our members with the ability to access credit regardless of immigration status and our Credit Builder Loans can do this. Unlike traditional deposit requirements, we provide the necessary funds to be secured in a Share Certificate. Through affordable monthly payments, members can proactively establish a nationwide credit history and save!
Key features of our Credit Builder Loan include:
• Minimum borrowing amount of $500.00
• Very low interest rate
• $0.00 Application Fee
• Loan terms up to 36 months
• Automatic payment service available
• Instant approval
With our Credit Builder Loans, you can establish a strong credit history and unlock new financial opportunities. Click bellow to apply for our Credit Builder Loan.
