I happened to see this in the comments on the main blog site and thought it was definitely worth posting on mine!! Many thanks to the Anon who originally posted it!!
Southeastern Financial is offering "strike loans". They are loaning out up to one MONTH'S average salary!! Here is what I know about it (I went and asked for details today so I could share it with as many as possible)
YOU MUST HAVE BEEN A MEMBER OF THE CREDIT UNION BEFORE THE STRIKE BEGAN
LOW INTEREST RATE
YOU HAVE 4 MONTHS TO REPAY THE LOAN. THE WAY IT WAS EXPLAINED TO ME WAS THAT YOU MAKE A BALLOON PAYMENT ON IT. MONTHLY PAYMENTS MAY BE AN OPTION- PLEASE JUST ASK THE GANG AT THE BRANCH.
What you need to apply:
Your check stub dated 9/12/08 which shows you paid your Union Dues
Your check stub dated 10/3/08 which shows your year to date income
(If you do not have these items the credit union can help you get copies of them)
I know of several people who do not "need" the money right now but they got the loan just to have it on hand. It can help take a little of the day to day stress off and make the holidays a little more "normal"
The hardship committee can help provide basic necessities to those in need but this is just another way to help keep us out ONE DAY LONGER!!!!
Kinda like a paid vacation where you actually get to take the time off :)
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