Short Term Loan

TO AVOID DELAYS IN THE PROCESSING OF YOUR APPLICATION PLEASE INCLUDE THE FOLLOWING:

• • Include your mailing and residence address
  • Include all payments you are making: rent, auto loans, credit cards, debt reduction services, collections, child support, student loans, etc. (anything that will show up on a credit report)

• • Must be current – Non Expired
  • If using the old Tribal ID without an expiration date, submit copy of Driver’s License also

• • Copy of Tribal I.D. card, if they are not a tribal member, submit copy of Driver’s License

• • 2 most recent paystubs for all borrowers
  • If using SSI, TANF or any other income, copy of award letter and proof of receipt of funds

Also include the following if applying for these types of loans

Car Repair Loan (up to $5000)

• • Submit quotes for parts and work to be done
  • Once completed, submit receipts and proof of payment for parts/repairs

• • Submit quotes for work to be done and/or items to be purchased
  • Once completed, submit receipts and proof of payment for items/repairs

• • Submit Avista bill

Loans will be processed once all required information is received.  Processing can take up to a week.

These things are considered by Spokane Tribal Credit in determining the ability to re-pay the loan

• • Monthly payments compared to monthly income (debt to income ratio)
  • Repayment history with Spokane Tribal Credit (new customer loan amounts will be limited)
  • Stability of income
  • Credit score
  • Job history and type of Employment (full-time, part-time, seasonal)
  • All loans are subject to our current lending limits

LOANS ARE SECURED BY FUTURE PER CAPITA PAYMENTS

PAYMENTS ARE DUE MONTHLY AND ARE REQUIRED EVEN WHEN ON LAY-OFF OR UNEMPLOYED. IF YOU ARE HAVING A PROBLEM MAKING PAYMENTS, CALL FOR ASSISTANCE.