Crisis Relief Loan
If you are experiencing a reduction or loss of income due to COVID-19, you may qualify for a Crisis Relief loan up to $5,000. Apply online or contact us at 800-582-7640 for details.
Use code CRISIS on your application.
*Account must be in good standing with South Jersey Federal Credit Union. Minimum credit score of 620 is required for $2500 loan at 12 months, and 680 credit score for $5000 loan at 24 months. Payments will be deferred for the first 90 days after closing the loan. Interest will continue to accrue from date of loan disbursement. This product is a fixed rate, closed-end unsecured loan. Members applying for crisis relief loans may be asked to provide proof of income, or proof that income is affected by COVID-19. Qualifying direct deposit and checking account are required to receive 7.49%APR, all other applicants subject to rate of 8.49%APR. All program rates, offer, terms and conditions are subject to change without notice. Restrictions may apply. Offer may be withdrawn at any time at the discretion of the credit union. APPLICATION MUST BE PLACED VIA WEBSITE OR THRU CONTACT CENTER (no in-person branch applications). Contact a representative for details.