Repayment of loan
To obtain a loan, you must have a regular income. Since Capital Coast provides professional services at the federal level, it must verify income and request the information relevant to it.
Clients may decide on paying off their loans with weekly, bi-weekly, semi-monthly, or monthly payment plans. The credit union and the client agree on the repayment period and ways of paying the money back. The following methods are available:
Withdrawals from a bank account
With the client's authorization, a particular amount of the money will be transferred from the bank borrower's account to the Coast Capital account on a specific date of the week, month, or year to repay a loan.
E-transfers
Coast Capital Savings apply the safe e-Transfer system that allows the clients to transfer money from their bank accounts to the organization's account. For more information kindly contact the Credit union or visit the nearest branch.
Cash
The borrowers can repay loans in cash. Coast Capital Savings and the client agree on a specific date when the client will be visiting a particular branch and repay the loan in cash.
Conditions of loan extension
Instead of waiting for skip tracers from the trade union and not making payments, it is pretty possible, as a member communicates to Coast Capital Savings by making phone contact or visiting the nearest branch. A flexible support plan will be put in place to ensure the client is served, and a fantastic flexible schedule has been found to solve the problem.
Early payoff
The organization members may have a considerable amount of money, which they would like to use to clear the debt immediately. Coast Capital Savings provides the opportunity for early paying off your debt to members of the communities in Canada. They need to visit the nearest branch and search for support and assistance for reducing their financial burden.