Apply for a Loan FAQ

(Video Guide)

How can I apply for a personal line of credit in Stanford FCU Online Banking?
Within Online Banking – click on “Open an Account” and follow the prompts. You should have a decision within 1-2 business days
Why does it take me out of Online Banking?
Our Online Loan Application isn’t integrated with Online Banking. It still is a secure process that quickly processes the application for you. An updated system will available by the first of 2017.
I don’t have a Social Security Number. Can I still apply?
You can apply for a credit card without a social security number. However, all other loan products require a social security number. To apply for a credit card, please stop by a branch or call us at 888.723.7328.
Will I have to populate all my information?
Unfortunately, you need to populate information. An updated to the system will available by the first of 2017 that will pre-populate your information if you are a member.
How can I check on the status of my application?
By clicking on the Open an Account menu and selecting the loan type, there is an option to check on the status of an existing application. Once there, you enter a few pertinent details and you will be taken to the status of your application(s).
What happens after I am approved?
Once your loan is approved, a loan officer will contact you within one business day to final the process. You can also call us at 888.723.7328 to talk to someone in the loan department.
What type of car can I purchase with a Stanford FCU auto loan?
Members can receive car loans on most makes and models of new or used cars, small trucks, SUVs and minivans. Used cars can’t be older than 7 model years and must have no more than 75,000 miles. Vehicles outside of these parameters can be financed, call us at 888.723.7328 to talk to someone in the loan department.
Here are the types of vehicles that cannot be financed through Stanford FCU:

  • Vehicles sold as scrap
  • Vehicles with a branded or salvage title, which indicates a total loss due to collision, fire, hail or water damage
  • Vehicles used for commercial purposes
Can I finance a boat, motorcycle or recreational vehicle?
Yes. Stanford FCU currently offers loans for these vehicle types. Other limitations apply, please call us at 888.723.7328 to learn more.