FAQ Category: PD Quick Cash 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 do I apply?
The 2025 Summertime PD Quick Cash Loan application is now closed. For the Summertime Cash Loan, visit Personal Loan Options You can also call us at (248) 263-4100 for assistance.
Continue ReadingIs there a penalty for paying off my loan early?
No. People Driven Credit Union loans have no prepayment penalties, so you can pay off your loan early and save on interest.
Continue ReadingCan I use these loans for anything?
Yes! Use the funds for vacations, summer camp costs, home improvements, debt consolidation, unexpected bills—whatever helps make your summer.
Continue ReadingIs there a credit check?
Quick Cash Loan: No credit check is required. Summertime Cash Loan: Yes, standard credit review applies and may affect your interest rate and approval amount.
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 ReadingDo I need to be a member to apply for the PDCU Summertime Cash Loan?
No! PD Quick Cash applicants must be a member in good standing with a minimum monthly direct deposit of $1,000 for at least the last six consecutive months and meet specific eligibility criteria, which may include no recent loan delinquencies. Approval is not guaranteed and is subject to credit union membership, account history, and other underwriting criteria. There are Personal Loan ...
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