FAQ Category: PD Quick Cash Back-to-School Loan
How to find your PDCU Account Number or Member ID Easily
To apply for PD Quick Cash, you will need your PDCU account number or Member ID, along with your 5-digit ZIP code, to look up your account. This is a different login process from online banking or the MyPDCU app. You can find your Member ID in online banking, on your account documents, on your physical membership card, or by ...
Continue ReadingWho is eligible for the Back-to-School Cash Loan?
Members in good standing who have received at least $1,000 in direct deposits each month for the last six consecutive months may qualify. The loan amount you’re eligible for will depend on your account and deposit history, up to a maximum of $2,000 (minimum $500).
Continue ReadingDo I need a credit check to apply?
No credit check is required for this loan option. Approval is based on your membership status and deposit history.
Continue ReadingHow much can I borrow?
Loan amounts range from $500 to $2,000. The exact amount you qualify for is determined when you apply.
Continue ReadingWhat are the repayment terms?
You can choose from 9-, 12-, or 18-month repayment terms. Payments begin 30 days after loan funding and are set up as automatic transfers for convenience.
Continue ReadingIs there a fee to apply?
Yes. A one-time $35 processing fee applies, regardless of loan amount.
Continue ReadingCan I apply for more than one Back-to-School Cash Loan?
Yes. Members may have up to two active Back-to-School Loans at a time. A 30-day waiting period is required between applications.
Continue ReadingHow quickly will I get my funds?
Many eligible members see same-day approvals and funding during regular business hours. However, processing times can vary depending on account verification and application volume.
Continue ReadingWhat if I don’t meet the direct deposit requirements?
If you don’t qualify for the Back-to-School Cash Loan, People Driven Credit Union offers other personal loan options, including Unsecured Personal Loans, Share Secured Loans, and CD Secured Loans.
Continue ReadingHow quickly can I get the funds?
Quick Cash Loan: Funds may be deposited into your account within minutes after approval. Unsecured Personal Cash Loan: Typically funded within 5 business days upon final approval and document signing.
Continue ReadingHow can I avoid being kicked out of the app when I receive the security code?
We recommend setting up email notifications on your Apple device so the security code pops up on your screen without opening your email app fully. You can then simply pull down the notification to see the code and enter it without leaving the app. Follow these steps to enable email notifications: Open the Mail app on your iPhone. To receive ...
Continue ReadingWhy is the app kicking me out when I try to apply for PD Quick Cash?
Some members using Apple devices have reported being kicked out of the app when retrieving the security code sent to their email during the PD Quick Cash Loan application process. This happens when members leave the app to check their email for the code, which causes the app to restart. This issue doesn’t seem to affect Android devices. To avoid ...
Continue ReadingCan I apply for the PD Quick Cash Loan without logging into online or mobile banking?
Yes, you can apply through the link on the website, but you will need your account number and zip code for verification. If you don’t know your account number, we recommend using the online portal or the MyPDCU app instead to avoid being locked out.
Continue ReadingHow can I access the loan application through online or mobile banking?
Simply log into your account via online portal or the MyPDCU app and navigate to the loan application section. This process will not ask for your account number and zip code since you’re already verified through your login.
Continue ReadingWhat happens if I get locked out after too many failed attempts?
If you are locked out, the system will prevent you from trying again for 24 hours. To avoid this, it’s best to apply through your online or mobile banking, where no additional verification is needed.
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