
Maximum advance is
$700 ($300 for first time applicants).
The fee is $12 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 an $80 fee, an annual
percentage rate (APR) of 139.04%. Borrowers are limited to total loans
outstanding of $700 at any one time.
|
Loan Amount |
Member
repayment |
APR |
|
$100 |
$112 |
146.00% |
|
$200 |
$224
|
146.00% |
|
$300 |
$336 |
146.00% |
|
$400 |
$448 |
146.00% |
|
$500 |
$560 |
146.00% |
|
$600 |
$670 |
141.94% |
|
$700 |
$780 |
139.04% |
If this is your fourth successive loan, you may convert this loan to a loan payment plan at maturity. Call us at 1-877-507-6070 between 9:00 am and 4:30 pm (PST) at least two (2) business days prior to the due date if you wish to arrange for another form of repayment, or your payment will be debited from your account.
*Based on 30 day loan, Your APR may vary.
Savings Only And Non Member Fee Schedule