*All loan applications are subject to review of eligibility and approval. The Annual Percentage Rate (APR) is accurate as of 2/1/2022. The APR for the GTE Instant Cash loan is a fixed rate for the duration of the loan. The APR will be 28.00% APR. For example, a GTE Instant Cash loan for $1,000 with a 12-month term (1 years) at 28.00% APR will have a monthly payment of $96.51. Other terms, payments, and loan amounts are available. The minimum loan amount is $200, and the maximum loan amount is $2,000. If your payment is 11 or more days late, there is a Late Payment Fee of 5% of the payment due. Loans are available to members who meet certain eligibility requirements, who have been with the credit union a minimum of 90 days and are considered a member in good standing. GTE Instant Cash loan is not available in Member Centers; it is only available through online or mobile banking. No minimum credit score required.
**A $20 Non-Refundable Fee will be assessed even if the loan is denied. Please verify your account balance in GTE Online or Mobile banking to ensure you have enough funds to cover the $20 non-refundable application fee. In addition, you acknowledge that if the deposit account from which you have authorized GTE to debit the $20 Non-Refundable Application Fee contains insufficient funds to pay the fee, the debit may cause that account to be overdrawn or increase the amount by which is it overdrawn. Please view the terms of your GTE Account Disclosure.