Introducing the Ready Now Loan

Financial Plus Credit Union offers the Ready Now Loan for fast access to emergency cash. This loan option allows eligible members to borrow up to $2,000, even without a credit check.

One significant advantage is immediate approval and instant fund deposit if you qualify. Members who have had qualifying deposits averaging over $500 per month for three months are eligible.

A $25 processing fee applies, added to your loan amount. Minimum loan is $500, maximum is $2,000 or the total monthly direct deposit, whichever is less. The account must be in good standing.

All loan applications are completed online, providing 24/7 convenience. There is a single outstanding Ready Now Loan per member at any given time.

Rates, terms, and conditions can change without notice and additional criteria may apply, so always review the fine print before applying.

How to Apply: Simple Steps

1. Log in to your Financial Plus Credit Union digital banking account.

2. Navigate to the “Buy Now, Pay Later + Ready Now” section in the menu options.

3. Follow the application prompts to submit necessary information.

4. Review and confirm the details; most applicants get instant approval.

5. Receive funds directly to your account for immediate use.

Pros of the Ready Now Loan

This loan is accessible to those with poor or no credit history, as no credit check is required. Instant approval and funding support financial emergencies effectively.

Convenient digital banking application makes it ideal for members comfortable with online financial management. Funds can be secured any time of day, seven days a week.

Cons to Consider

The loan is only available to members of Financial Plus Credit Union who meet deposit requirements. A $25 processing fee is automatically added, increasing repayment costs.

Borrowers are limited to one Ready Now Loan at a time, which might not be enough for larger emergencies.

Verdict: Who Should Apply?

The Ready Now Loan is an excellent choice for current Financial Plus members needing small, quick funds without concern over credit checks. Potential applicants must meet the membership and deposit criteria.

For others who don’t qualify, it might be better to compare with alternative loans suited to their situation. Overall, it’s a strong emergency cash solution for those who fit the requirements.