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Payday Alternative Loan

When you're in need of funds before your direct deposit hits, don't turn to the high-interest rates and fees from traditional payday lenders. With DFCU's Payday Alternative Loan, you can get the financial relief you're looking for! All the while enjoying the comfort of borrowing smart, so you can use your funds with ease i.e. for groceries, home repairs, utility bills, etc.


Enjoy these advantages when getting a Payday Alternative Loan with DFCU:

  • Loan amounts range from $200 - $2,000
  • Fixed loan rate of 28% APR* - but you can receive a 10% RATE DISCOUNT with payments
    through payroll deductions!
  • Terms up to 12 months
  • Fast access to funds
  • Fixed $20 fee - never worry about hidden fees accumulating!

GOOD CREDIT NOT NEEDED FOR APPROVAL. Debt ratio and direct deposit are key factors for approval. Approval not guaranteed.
Online application
Interested in a Payday Alternative Loan?

Simply provide your name and phone number and we’ll give you a call.

Call Request Form - Mobile

Or call us at 562.862.8141


  • Must be a DFCU member for at least 3 months to be eligibile
  • Direct deposit required

    • *APR = Annual Percentage Rate. Rates quoted are the best possible rate for each tier based on credit score and other factors and include rate discounts for automatic payment and direct deposit into a DFCU checking account. Other rates and terms are available. The actual rate you qualify for will be based on credit history and other factors. DFCU underwriting guidelines apply. Must be DFCU member for three months to be eligible for DFCU Payday Alternative Loan (PAL), must be in good standing to be eligible, no more than three PAL will be approved per rolling six months. Maturity date(s) will be based on loan amount(s). Only one PAL at any given time. Direct Deposit required. Not eligible if member has bankruptcy 13 or 7 if stated by member or verifying upon credit check. Maximum loan amount will be determined by calculating 30% of members gross monthly income, and maximum loan term is 12 months. 10% discount if loan is paid through Payroll Deduction(s). (Payment example: $2,000 loan for 24 months at 28% APR would require 24 payments of $111.01). PAL application fee is $20 and non-refundable. Rates are subject to change without notice.
    • DFCU's Payday Alternative Loan application fee is $20 and non-refundable