Payday Loans

There are many options when it comes to loans. In ECFCU, we can offer you the best financial products on the market created with you in mind. Worry about your bad credit? It’s not a barrier to getting the financial assistance you need right now. Apply today and take the right step to cover your urgent money needs.

What Are Payday Loans?

Payday loans are short-term cash advances created to help you cover your current expenses in case of any financial emergencies you may face. You can borrow from $500 to $5,000 with the repayment period by your next paycheck or in three months, depending on the program. Repay in one lump sum or choose equal monthly payments to repay in installments.

Decide for yourself the purposes of spending money. Whether you need to repair a car, pay your medical bills, or accumulate debt, payday loans set no limits. They are one of the fastest and easiest ways to get the money right on your checking account.

What Are the Benefits of Payday Loans?

  • Apply online from the comfort of your house just by filling out a simple online request form;
  • Get a guaranteed loan decision by email within 15 minutes;
  • Get the money as soon as the next business day right in your bank account;
  • No minimum credit score range is set;
  • Automatic withdrawal of the loan sum plus rates and fees on a due date;

How to Apply?

To apply for a loan, you must fill out an online application form. You can apply if you meet the following requirements:

  • You are an adult in your state;
  • You can verify your income;
  • You are a resident of the United States;
  • You have an active checking account, mobile phone number, and email address.

Whether you meet all the requirements, we can probably help you to solve your financial problems. As our mission is to support every member, your credit history is not a barrier. Apply now and see what ECFCU can do for you today!

The Reasons to Be Denied

Unfortunately, we can’t guarantee you will be approved for a loan. Besides a poor credit score, you can also be rejected due to a high debt-to-income ratio, unstable employment history, too low of income for the requested loan amount, or missing important information within your application.

If you were denied, don’t worry. You can always try to reapply later or use our partner’s services which are always eager to help. Learn more about the requirements and conditions they offer and find your way to solve your financial difficulties.