UCLA students, Faculty, Staff and Alumni can now purchase computers, software and accessories with a 0% Interest Wescom Technology Loan.*
✔ Personal, unsecured installment loans from $500 to $3,000
✔ 0% APR** for up to 24 months on loans $500 to $2,000
✔ 0% APR for up to 36 months on loans $2,001 to $3,000
Once your application is approved, simply create our own technology bundle with the UCLA Computer Store. The UCLA Computer Store will send Wescom your purchase order. After your loan has funded, we will notify the store to have your technology order shipped directly to you.
You’ll also become a member-owner at Wescom.
As a not-for-profit financial cooperative, our members are our owners at Wescom. It takes a dollar into a
Wescom Savings Account to become a member-owner and we’ll take care of that for you.
✔ We’ll set up your Wescom Savings Account during your loan application
✔ We’ll even make the initial $1 deposit on your behalf
You don’t need to be a member to apply for the loan but you’ll need to become a Wescom member. If you are not currently a Wescom member, we will establish your membership during the application process by opening a Wescom Savings Account and depositing $1 into that account on your behalf. The $1 into a Wescom Savings Account is a requirement of Wescom membership.
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If your Wescom Technology loan amount is less than your technology purchase, you will be required to pay the remaining difference in full. For example, if your approved loan amount is $1500 and your total purchase amount is $2,000, then you will be required to pay the additional $500 at time of purchase.
No. Wescom will notify you of your loan approval and provide you with an approval letter, so that you can notify the store that you will be using a Wescom Technology Loan to complete your purchase. Once your loan has funded, we will notify the UCLA Computer Store, to complete the transaction so they can directly ship your order to you.
As soon as Wescom receives the purchase order or quote for the UCLA Computer Store, we’ll fund the account, and notify the store to ship the items to you. This will take anywhere from three to five business days.
You can use the loan for a wide variety of technology needs, both personal and educational. Examples of qualifying items are hardware (computer and/or laptop), iPad, Apple Watch, software, and other technology related accessories.