
Loan Policy
The Jamaica Police Credit Union offers competitive loan solutions, tailored to meet the needs of our members. After six(6) months of saving regularly with the Credit Union, new members are eligible to borrow up to Ten (10) times their share if they have a balance of $250,000 and four(4) times if their balance is less.
- Loans within shares are readily accessible and processed while you wait.
- Loans are subject to adequate security and ability to repay within a given period.
- Lump sum deposit are not normally regarded as regular savings until 120 days after being deposited
- Loan repayments are designed to ensure that you continue to save while reducing your loan balance.
Loan Products
- Real Estate Acquisition & Home Improvement
- Motor Vehicle Purchase & Repairs
- Debt Consolidation
- Educational
- Computer Purchase
- Medical Expenses
- Business Development
- Vacation & Travel
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