Financial Plus Credit Union
No credit check, borrow up to $2,000 instantly, 24/7 online approval, deposit direct to your account. Perfect for fast financial relief. $25 fee applies.
Introducing the Ready Now Loan
The Ready Now Loan from Financial Plus Credit Union is designed for members needing quick cash, with approval amounts up to $2,000 and no credit check required.
Applicants can benefit from instant 24/7 approval entirely online, making this a fast solution for urgent expenses. Money is deposited directly to your FPCU account after approval.
The minimum loan amount is $500, and a $25 processing fee is added to your loan. Requires three months of qualifying direct deposits with an account in good standing.
There’s no traditional interest rate info publicly listed, and only one loan can be active at a time per member. Terms are dependent on eligibility.
Overall, it’s suitable for those with regular income looking for a hassle-free, small loan without a credit inquiry.
How to Apply: Step-by-Step
1. Log in to your FPCU digital banking account.
2. Select “Buy Now, Pay Later + Ready Now” from the menu.
3. Follow the instructions to complete the application.
4. Receive instant approval and direct deposit to your account, if eligible.
Membership is required, and proof of deposits may be necessary.
Major Pros of the Ready Now Loan
The Ready Now Loan provides instant access to cash, ideal for urgent expenses. The digital process is fast and user-friendly any time of day.
Also, the loan does not require a credit check, making it a powerful option for those with less-than-perfect credit histories.
Main Cons to Consider
The loan is only available to existing members with regular direct deposits, so it excludes those without established membership or qualifying income.
Additionally, loan amounts are capped at $2,000, and there is a one-time $25 processing fee, limiting flexibility for larger or longer-term needs.
Final Verdict
The Ready Now Loan from FPCU is a convenient, fast-access loan for existing credit union members in need of emergency cash. Its biggest advantages are speed and no credit check.
While its loan size and eligibility requirements won’t suit everyone, for those meeting the criteria, this is a straightforward and practical solution for unforeseen expenses.