This application cannot be used to apply for an Alliant Traditional Student Loan.To apply for an Alliant Traditional Student Loan you must apply at http://www.cology.com/alliantcu.aspx.
If you are applying for a K-12/College Student Loan or Consolidation Student Loan, please complete the application below then click the Submit button, or print and fax to Alliant Credit Union, 773–462–2260.
Married applicants may apply for individual credit. You are required to complete spousal information only if you are a resident of a community property state (AZ, CA, ID, LA, NM, NV, TX, WA, WI) or if you are relying on income or applying for joint credit with a spouse.
Note: You must be an Alliant Credit Union member in good standing to be eligible for credit. Loan approval and APR based on creditworthiness, payment method and ability to repay.
For an Alliant Traditional Student loan apply at http://www.cology.com/alliantcu.aspx
By submitting below, I represent that I (the applicant or applicants) am the borrower and everything I have stated in this application is true, complete, and correct to the best of my knowledge and may be relied upon in evaluating this loan request. I understand that it may be a federal crime punishable by fine or imprisonment or both to willfully and deliberately provide incomplete or incorrect information on loan applications made to federal credit unions or state chartered credit unions insured by the National Credit Union Administration. I understand that Alliant Credit Union (Alliant) will retain this application whether or not the loan is approved.
I agree to the terms and conditions of the payment method I selected and I agree to accept information regarding this loan via email at the address provided herein. I authorize Alliant to check my employment history, obtain my credit report and to answer questions about its credit experience with me.
I understand that Alliant maintains the right not to grant me credit if: a) the information provided is incomplete, inaccurate or cannot be verified, or if I do not meet Alliant’s standards for creditworthiness; b) my name and/or mailing address have been altered; c) my income reported on the application is insufficient to support the opening of this loan; or d) I do not meet Alliant membership eligibility requirements. I understand I have the right to review my credit history by contacting the credit reporting agencies. I understand the credit extended and the terms of my loan will be based on a review of the information I provided in this application, my current credit report and any other information bearing on my creditworthiness. Maximum credit extended will be issued based on credit qualifications.
If the interest rate changes or if I take an advance against any type of line of credit(if applicable), I understand and agree that my payment will be updated to reflect the change(s), per my loan agreement. I also understand if I change the payment frequency on my loan and/or elect to use the coverage provided by Alliant’s Member Assistance Program, or if I take advantage of any other program or offer made or approved by Alliant, my payment will also be updated to reflect this change, pursuant to the terms of my authorized changes to the loan agreement.
I understand that Alliant’s advertised rates include the 0.4% interest rate reduction for automatic payment and that by choosing the automatic payment option, I qualify for the interest rate reduction of 0.4% off my standard qualifying rate. I understand loans without automatic payment (e.g., payment by monthly coupon) are subject to an increase in rate and margin of 0.4%. I understand if I owe Alliant money as a borrower, Alliant has a statutory lien on the account funds in any account in which I have an ownership interest, regardless of their source, unless prohibited by law. Alliant may apply these funds, without further notice to me, in order to pay off my indebtedness. I grant Alliant a consensual security interest in all of my Alliant accounts and obligations secured by property for the purpose of paying any debt or amount now or hereafter owed Alliant unless prohibited by applicable law. See Alliant’s Account Agreement and Disclosure at www.alliantcreditunion.org/global/disclosures/ for complete information. If my loan becomes delinquent after 10 days, a late fee will be assessed. Refer to the Fee Schedule at www.alliantcreditunion.org/services/fees/ for a list of fees.