All In Credit Union
Short-term loans from $200 to $1,000, 28% fixed APR, 6-month terms. No credit check, fast approval, and cash often within minutes to your account.
The All In Credit Union Payday Assistance Loan is a great alternative for those seeking short-term funding without high payday lender costs. You can borrow between $200 and $1,000, with a 28% APR and fixed six-month terms, making it predictable and manageable. Notably, there is no credit check—a huge advantage for anyone concerned about their credit report.
Conditions are very clear: a $20 application fee applies regardless of approval or acceptance, except for Military Lending Act-eligible borrowers. Funds are usually deposited within 15 minutes of approval if your bank is open, which means you get cash in hand quickly. Only primary checking account holders in good standing qualify, and there are no ballooning fees or penalties.
How to Apply: Step-by-Step
The process is designed for convenience and speed. Start by confirming that you’re the primary owner of a qualifying All In Credit Union checking account.
1. Complete the simple online application—available 24/7.
2. Wait for approval—usually just minutes.
3. Pay the $20 application fee at the time of application.
4. Once approved, funds are deposited directly into your account, often in minutes.
Pros: Competitive Rates & No Credit Check
One standout advantage is the low 28% APR, especially when compared to typical payday loans approaching 400% APR. Additionally, there’s no credit report inquiry, meaning your credit remains protected.
Another benefit is the speed—funds are available fast, without the hassle of paperwork or waiting days for approval. The fee structure is transparent and reasonable.
Cons: Limited Eligibility & Application Fee
To qualify, you must be the primary owner of an eligible checking account in good standing, so not everyone may be able to apply. Additionally, the $20 fee applies no matter the result, except for certain military borrowers.
Another consideration: funds can sometimes take up to 24 hours to appear if applying during weekends or federal holidays.
Final Verdict: A Strong Payday Alternative
If you need quick funds and want to avoid the punishing fees and rates of payday lenders, All In Credit Union’s Payday Assistance Loan offers an excellent option. While the eligibility is somewhat limited and there’s a nonrefundable fee, the benefits of low APR, quick turnaround, and no credit check far outweigh the downsides for those who qualify.