Financial Plus Credit Union
Borrow up to $2,000 with no credit check and enjoy 24/7 instant approval. Fast online access to cash for emergencies or unexpected expenses. Apply easily through digital banking.
Financial Plus Credit Union’s Ready Now Loan is designed for those who need quick access to cash, especially during emergencies. This loan allows you to borrow up to $2,000, and one of its standout features is the lack of a credit check. Approvals are available instantly, 24/7, providing rapid solutions without lengthy waits. To qualify, you must be a Credit Union member and have an average of over $500 monthly deposits for three months. There is a $25 processing fee added to the loan amount, and the minimum borrowable amount is $500.
How to Apply: Step by Step
- First, log in to your Financial Plus Credit Union digital banking account.
- Next, select the “Buy Now, Pay Later + Ready Now” option from the menu.
- Then, follow the on-screen prompts to complete your application.
- Once approved, the money will be deposited directly into your account within moments.
Pros of the Ready Now Loan
One of the main advantages is that your credit score does not affect your ability to borrow. This is particularly helpful for those working to improve their credit or with limited credit history.
Additionally, the online application and instant approval process means no waiting for funds. Borrowers get fast cash to manage urgent needs efficiently.
Cons to Consider
The Ready Now Loan comes with a $25 processing fee, which could be significant for small loans. Also, you must maintain a regular direct deposit to qualify.
The maximum loan amount of $2,000 means it may not be ideal for larger financial emergencies or consolidating high debt.
Verdict: Is the Ready Now Loan Worth It?
For those in need of fast funds and who may not qualify elsewhere, this loan is a convenient solution. However, borrowers should consider the processing fee and maximum loan amount when making their decision.
