Credit Repair Loans

Credit Repair Loans

Loans up to $10,000, to assist tribal members including payoffs of collections, charge offs, judgements, liens and repossessions.

Eligibility

  • Must be a CNO tribal member
  • Must reside in the Choctaw Nation Reservation Area
  • Attend budgeting classes for a period of three months prior to loan closing
  • Applicant must provide landlord or mortgage lenders' information for the last two years
  • Copy of most recent pay stub for a 30-day period
  • Copy of award letter for SSI, AFDC, retirement income, etc.
  • W2 statements for the past two years
  • Past two years signed and dated federal income tax returns
  • Copy of SSN card and a photo identification for all borrowers
  • Copy of front and back of CDIB and tribal membership card
  • Copy of most recent bank statement

How to Apply

Apply by mail or email (contact form)

Choctaw Home Finance
PO Box G
Hugo, OK 74743
Fax: 580-326-7641

Additional Information

  • Term: up to 10 years
  • Credit guidelines must be met
  • Funds are based on first-come, first-serve basis
  • All loan funds are subject to availability