Financial Plus Credit Union
No credit check. Borrow up to $2,000. Fast approval in minutes, funds deposited instantly for emergencies. $25 fee applies. Loans start at $500.
The Ready Now Loan from Financial Plus Credit Union offers a quick cash solution for those facing unexpected expenses or a financial shortfall. Borrowers can apply for up to $2,000, regardless of their credit history, with a minimum loan of $500. The approval is instant and available 24/7, making it convenient in emergencies. A $25 processing fee is added to the borrowed amount. Eligibility requires current membership at Financial Plus and an average of $500 in qualifying monthly deposits over three months. Loan approval amount may depend on your deposit history and account standing.
How to Apply: Simple Steps
1. Log in to your Financial Plus digital banking account. 2. Select “Buy Now, Pay Later + Ready Now” from the menu. 3. Complete your application and, if approved, receive your cash instantly in your account.
Pros: Why Choose Ready Now Loan?
First, there is no credit check required—ideal if your credit is less than perfect and you need funds immediately. Additionally, the application and approval process is fully online and available 24/7, allowing you to access money exactly when you need it without visiting a branch.
Cons: What to Consider Before Applying
The loan comes with a $25 processing fee and is only available to current Financial Plus members who meet the deposit requirement. Also, the maximum limit of $2,000 may not be suitable for those needing a larger sum. Recurring or one-off payments can help manage the loan, but borrowing is limited to once at a time per member.
Verdict: Is the Ready Now Loan Worth It?
The Ready Now Loan is a solid short-term option when you need emergency cash and have trouble qualifying elsewhere. Although not the cheapest form of credit, its speed and easy process make it a valuable tool in urgent situations for Financial Plus members.