All In Credit Union
Borrow between $200–$1,000 with no credit check, 28% APR, $20 fee, and get cash in as little as 15 minutes—designed for urgent, short-term needs.
All In Credit Union’s Payday Assistance Loan is tailored for those who need immediate, short-term cash. The loan amount ranges from $200 to $1,000, making it more accessible than traditional payday loans. With a fixed APR of 28% over a 6-month term, it’s notably less expensive than the typical 391% APR seen with standard payday loans. Importantly, there is no credit check, and the $20 application fee applies only once, regardless of approval or acceptance, with exceptions for active military borrowers.
Step-by-Step: How to Apply
- Ensure you are the primary owner of an eligible All In Credit Union checking account in good standing.
- Decide how much you want to borrow, between $200 and $1,000.
- Apply online at any time, 24/7.
- Complete the application with basic personal and account details.
- Wait for an immediate response and, if approved, funds are typically deposited within 15 minutes.
Pros of the Payday Assistance Loan
The biggest benefit is increased affordability compared to traditional payday lenders. The APR is much lower, saving you significant money in interest over the life of the loan.
Additionally, the application process is straightforward and fast. No credit check is performed, ensuring almost anyone with an eligible account can apply with confidence.
Cons of the Payday Assistance Loan
A major drawback is the non-refundable $20 application fee, which is charged even if you are not approved or do not accept the loan. This can be a point of frustration for some applicants.
There is also a limitation in that only primary account holders of certain checking accounts with All In Credit Union are eligible.
The Verdict
All In Credit Union’s Payday Assistance Loan is a strong choice for those seeking a quick, fair, and simple short-term lending option. While there are modest fees, these are far outweighed by the significant savings in interest compared to payday lenders, making this a wise solution for urgent cash needs if you qualify.