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Consumer Loans

Frequently Asked Questions

Do I have to be a member to apply for a loan?

No, you can apply for a loan online and by phone without being a member; however, you must be eligible for membership. Prior to the loan being funded, you will need to establish Greater Nevada Credit Union membership and a Share Savings Account.

How can I apply for a loan?

•    Online Loans: Available 24/7 
•    Loans by Phone: (855) LIV-GR8R (548-4787)
•    Visit a local branch

What are the minimum qualifications for a loan approval?

You must be employed or have a verifiable source of income, the ability to repay the debt and a stable credit history.

What type of income verification is required for self-employed individuals?

We require copies of your tax returns from the two most recent years.

Are there any prepayment penalties for paying off a consumer loan?

No, you can pay off any consumer loan without incurring a prepayment penalty.

How long does it take to get a loan decision?

If you apply using our online loan application, you can get an instant response. Using other application methods, you will usually have an answer the same day.

How long does it take to fund the loan?

If you are requesting a Greater Nevada Personal Loan, funding usually takes place the same day provided all required documents are received and signed. Vehicle loan funding, depending on the type of purchase, can generally be completed the same day, provided all appropriate documents are received and signed.

How can I pay down a line of credit?

Watch this short video to see how to pay down your line of credit through eBranch online banking