Type of Credit Descriptions
 
Individual Credit - Applying for credit in my own name. Not relying on income or assets of another person for repayment.
 
Joint Credit / Spouse - Applying for credit with my spouse. Both are liable for the obligation. Both will receive goods, services, or money in return for the credit obligation.
 
Joint Credit / Non-Spouse - Applying for credit with another credit union member; non-spouse. Both are liable for the obligation. Both will receive goods, services or money in return for the credit obligation.
 
Individual Credit / Cosigner or Guarantor - Applying for credit in my own name. The other person will not benefit from the obligation but will be liable in default situations (for example, cosigner or guarantor). Application information is required for both the applicant and the other person.