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Maximum advance is $700 ($300 for first time applicants).
The fee is $15 per $100 borrowed.
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 $105.00 fee, an annual percentage rate (APR) of 182.50%. Borrowers are limited to one loan outstanding of $700 at any one time. Borrowers may only receive up to 25% of net monthly income.
|
Loan Amount |
Savings Only And Non-Member Fee Repayment |
APR |
|
$100 |
$15 |
182.50% |
|
$200 |
$30
|
182.50% |
|
$300 |
$45 |
182.50% |
|
$400 |
$60 |
182.50% |
|
$500 |
$75 |
182.50% |
|
$600 |
$90 |
182.50% |
|
$700 |
$105 |
182.50% |
*Based on 30 day loan, Your APR may vary.
Member Fee Schedule
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