If you currently have a loan from Kaua’i Federal Credit Union, in order to be eligible for another loan, you must:

1. Have made on-time monthly payments for the six previous consecutive months. On-time payments means that a payment was received during the 10 day grace period;
2. Have no more than 1 outstanding loan through Kaua’i Federal Credit Union at the time of application;
3. Have no more than $50,000 of outstanding principal at the time the loan originates.

If you have finished paying off an existing Kaua’i Federal Credit Union loan and made on-time monthly payments for the 6 previous consecutive months, you are able to apply for a second loan after your most recent payment clears (14 days from the payment date). 

If you have finished paying off an existing Kaua’i Federal Credit Union loan and any of the 6 most recent monthly payments were not on time, or you paid off the loan before reaching 6 monthly payments, there is a 60 day cooling off period before reapplying. 

To create a second application we require you to use a different email address than what you may have previously used on another application. To apply for a second loan, check your rate here!