Financial Plus Credit Union
Borrow up to $2,000 with no credit check and enjoy instant approval. Ideal for emergencies. Apply anytime online and receive funds straight to your account.
The Ready Now Loan from Financial Plus Credit Union is aimed at people needing quick funds for unexpected expenses. You can borrow up to $2,000 with no credit check required, making it accessible for those with less-than-perfect credit. A $25 processing fee applies, and the loan amount offered depends on your monthly direct deposit, with a minimum of $500 and a maximum of $2,000 available. While interest rate specifics are not publicly highlighted, the program is designed for short-term, emergency needs, with instant approval and fast access to funds.
How to Apply: Step-by-Step
Applying for the Ready Now Loan is simple and can be completed online 24/7:
- Log into your Financial Plus Credit Union digital banking account.
- Select the “Ready Now” loan option from the menu.
- Follow the short application prompts to complete your submission.
- Receive instant approval and your funds are deposited directly after approval.
Main Benefits
One significant advantage is that the Ready Now Loan does not require any credit check, so your approval is based on your banking relationship, not your credit score.
Another key benefit is the instant approval and 24/7 online availability, making it especially helpful in emergency situations. The funds are deposited straight to your account without delay.
Drawbacks
The maximum amount you can borrow is $2,000, which may be insufficient for larger expenses. Additionally, a $25 processing fee applies, adding to the overall loan cost.
Loan availability and approval are dependent on your history of direct deposits—specifically averaging over $500 monthly for the past three months—which could make some applicants ineligible.
Verdict: Is the Ready Now Loan a Good Option?
For Financial Plus Credit Union members who need fast cash for emergencies and don’t want a credit check, the Ready Now Loan offers a reliable solution. Its instant approval and seamless digital application process stand out, although the loan limits and processing fees may not suit everyone’s needs. Overall, it’s an excellent short-term lifeline when unexpected bills arise.