All In Credit Union
Access $200-$1,000 with a 28% APR, 6-month term, no credit pull, and a quick 15-minute funding to your account from a trusted credit union.
All In Credit Union’s Payday Assistance Loan is designed for those who need quick cash but want to avoid the high costs of typical payday offerings. This loan stands out by offering between $200 and $1,000 with an Annual Percentage Rate (APR) capped at 28%, a significant savings compared to traditional payday loans. It features a 6-month repayment window and charges a $20 application fee, with no credit check required and cash often available within 15 minutes.
How to Apply: Step by Step
- Ensure you are the primary owner of an eligible All In Credit Union checking account in good standing.
- Gather your personal and account details for a smooth application process.
- Visit the Payday Assistance Loan application page and follow the prompts.
- Submit your application online at any time, 24/7.
- Wait for rapid funding; in many cases, the cash is deposited in as little as fifteen minutes.
Pros of the Payday Assistance Loan
The most attractive features are the low APR of just 28% and the absence of a credit report review. This ensures higher accessibility, especially for borrowers with less-than-perfect credit.
Additionally, the fast funding—often within 15 minutes—means you can address emergencies without lengthy waits or added stress. Borrowers also benefit from dealing with a reliable credit union, which can offer better support than storefront payday lenders.
Cons to Consider
On the downside, the $20 application fee applies no matter your approval status or whether you accept the loan. This cost can add up, particularly with smaller loan amounts.
Eligibility is also limited: you need an All In Credit Union checking account in good standing, and not all account types qualify. The loan could impact your overdraft limit as well.
Verdict: Is It Worth It?
For those seeking fast, small-dollar loans without the sky-high costs of typical payday lenders, the All In Credit Union Payday Assistance Loan is a strong option. While it comes with a significant application fee and limited eligibility, the reasonable interest rate, quick funding, and lack of a credit check make it a smart alternative to traditional payday loans.
