Get The Financial Boost You Need······
Caught off guard by an unexpected expense? Need a little extra cash before payday?
Our Payday Alternative Loan offers a smarter way to borrow — with no hidden fees, no high-interest traps, just fast, affordable support when you need it most. 1
Our Payday Alternative Loan offers a smarter way to borrow — with no hidden fees, no high-interest traps, just fast, affordable support when you need it most. 1
AVOID THE SKY-HIGH INTEREST RATES
Get from
$200-$2,0001
Fixed Rates.
Real Relief.
Real Relief.
Exhale the Stress.
Inhale Flexibility!
Inhale Flexibility!
Move forward with confidence, knowing you have up to one full year to repay.1
No Credit?
No Problem.
No Problem.
We look beyond your credit score—approval is based on your income and direct deposit.1
Disclosures
1
APR = Annual Percentage Rate. The standard rate for DFCU’s Payday Alternative Loan (PAL) is 28% APR. Get a reduced rate of 18% APR when you use Payroll Deduction. Same-day approval and funds disbursement not guaranteed. Typically for our PAL, if applications are submitted and signed by 4:00 pm, same-day approval and funds disbursement applies. Rates quoted are the best possible rate for each tier based on credit score and other factors. The actual rate you qualify for will be based on credit history and other factors. DFCU underwriting guidelines apply. Must be a DFCU member for three months to be eligible for 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. Full 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: $1,000 loan for 12 months at 28% APR would require 12 payments of $97.53). PAL application fee is $20 and non-refundable. Rates are subject to change without notice.
2
According to the State of California Department of Justice
