Members may only have one SummerJam Loan at a time.
Existing 2020 SummerJam balances will be paid from 2021 SummerJam loan proceeds.
Call to Apply – Shreveport 318-621-0605; Bossier 318-629-5622
(*Annual Percentage Rate. Membership and Approved Credit Required. Some Restrictions Apply Limited Time Offer. Two years of employment at current job required. Payment is $50 bi-weekly or $110 Monthly over 12 months and must be payroll deducted or ACH direct debit. Offer ends Aug. 31, 2021.)
Deadlines to Skip Each Month if you make bi-weekly payments:
For a Form:
To Submit Your Request Form:
Skipping two consecutive bi-weekly payments is equal to skipping one monthly payment on your loan. By signing the form, you authorize Willis-Knighton Federal Credit Union to extend your final loan payment by one month. The $30 processing fee per loan will be automatically deducted from your savings or checking account or you may pay with cash or check. Interest will continue to accumulate on your loan during the period that you skip your payment. Payments made through payroll deduction or direct deposit will be deposited into your share savings account for the period that you are skipping your payments. Deadline to skip your June payment - June 8 to skip July payment -- July 6, to skip August payment -- August 3. Your account must be in good standing to be eligible for the skip-a-payment program. Real Estate loans, credit cards, first payment loans and delinquent loans are not eligible for this promotion.
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*APR = Annual Percentage Rate
*APY = Annual Percentage Yield
Rates are subject to change without notice
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