Furlough Loan Program
If your paycheck has been affected by the government shutdown, Goldenwest Credit Union is here to help bridge the gap. Our Furlough Loan offers short-term financial relief so you can stay on top of your expenses until regular pay resumes.
Program Highlights:
- Borrow up to the net amount of two paychecks
- Enjoy 0% interest and no payments for the first 60 days
- Repay the loan over a 12-month term following the deferment period
- 9% fixed interest rate after the first 60 days
A simple bridge between paychecks, so your essentials stay covered.
Call 801-337-8300 option 2 or visit any Goldenwest branch to start your application today!
Additional Relief Options
To provide even more flexibility, Goldenwest is also offering:
- Skip-A-Payment on qualifying loans for furloughed members
- Cash-out option on existing vehicle loans, using your current rate and normal loan qualifications (promo code Furlough 2025)
- 0.25% rate discount (promo code Furlough 2025) on the following loan products:
- Signature Loans
- Cash-Out Title Loans
These options are designed to help you manage cash flow and reduce financial stress while waiting for regular income to resume.
Call 801-337-8300 option 2, apply online or visit any Goldenwest branch to start your application today!
We're Here for You
Goldenwest Credit Union proudly serves members across Utah and Idaho. If you’ve been affected by the government shutdown, please reach out — our team is ready to help you find the best option for your situation.
Frequently Asked Questions
Who can apply for a Furlough Loan?
This program is available to Goldenwest members who have been impacted by the federal government shutdown and meet basic credit qualifications.
How much can I borrow?
You can borrow up to the net amount of two regular paychecks, rounded to the nearest $100, with a maximum loan amount of $5,000.
When do I start making payments?
No payments are required for the first 60 days, giving you time to get back on your feet. After that, the loan will convert to a 12-month repayment term at a fixed rate of 9%.
Can I skip my existing loan payment instead?
Yes. If you already have a Goldenwest loan, you may qualify for our Skip-A-Payment program to pause your next payment and free up extra funds.
How do I get started?
Call 801-337-8300 option 2 or visit any Goldenwest branch to start your application today!
If you have questions or are in need of assistance, give us a call!
Furlough Loan Product
.25% Discount Loan Rate