FOR MARRIED WISCONSIN RESIDENTS APPLYING FOR CREDIT SEPARATE FROM YOUR SPOUSE:
By submitting this application,
I agree and understand that the loan being applied for, if granted, will be incurred in the interest of my marriage or family.
I understand the lender may be required by law to give notice of this transaction to my spouse. This statement is made in
accordance with Wis. Statute Section 766.55(1).
Note: Individual Credit Married Applicant:
If both you and your spouse are residents of Wisconsin, complete
both applicant and spouse sections. If either you or your spouse are not Wisconsin residents, complete only the applicant
Note: Joint Credit with another applicant or co-signer who is not your spouse:
Each of you must complete a
separate application. If both you and your spouse are Wisconsin residents, complete both the applicant and the spouse sections.
At closing you will also be required to sign the following:
We intend to apply for joint credit: X________________________ X________________________
Do you want guaranteed auto protection (GAP) insurance which pays off your remaining loan should your automobile be stolen or
damaged and is a total loss?
Life & Disability Insurance
Do you want your loan protected with...?
The credit union will disclose the cost of this voluntary insurance to you. A separate insurance election which discloses the terms and conditions of the credit insurance must be signed in order for the coverage to become effective.