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Maximum advance is
$500 ($300 for first time applicants).
The fee is $12 per $100 borrowed with active checking account, $15 per $100 with savings account only.
IMPORTANT: Payday lending services are provided by CU on Payday, and the credit union is not the lender. Approvals are subject to CU on Payday's underwriting standards. A $700 payday advance for 30 days will carry a $84.00 fee, an annual percentage rate (ARR) of 146%. Borrowers are limited to one loan outstanding of $700 at any one time.
|
Loan Amount |
Member Fee Repayment |
APR |
|
$100 |
$12 |
146.00% |
|
$200 |
$24
|
146.00% |
|
$300 |
$36 |
146.00% |
|
$400 |
$48 |
146.00% |
|
$500 |
$60 |
146.00% |
*Based on 30 day loan, Your APR may vary.
Savings Only And Non Member Fee Schedule
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