Comet Savings & Loan
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  • Instant Loans may be requested for any amount between $2.00 and $10.00.
  • One instant loan may be open at a time.
  • No parent permission is required, though parents can requent that their children be added to the "Denied Instant Loan List" which is maintained at CS&L.
  • A loan of $2.00 to $5.00 will be charged a service fee of $.25 and must be repaid within two banking days.
  • A loan of $5.01 to $10.00 will be charged a service fee of $.50 and must be repaid within two banking days.
  • The following are your payment dates. A loan taken out on:
    • Monday is due Thursday
    • Tuesday is due Friday
    • Thursday is due Monday
    • Friday is due Tuesday
  • If your loan payment is late, you will be charged a serivce fee of $.25 per banking day, with a maximum charge of $2.
  • If you reach $2 in late fees, you will be denied an instant loan for the rest of the school year, your parents will be notified and your grades on Edline will be placed on hold.






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