FAQ Category: Personal
How can People Driven Credit Union help me improve my credit before applying?
PDCU has a variety of avenues for improving credit. These avenues include debt consolidation loans, which can help manage current debt, and credit builder loans, which can improve your credit while also establishing a savings account as a stepping stone...
Continue ReadingHow do I make a loan payment?
To make a payment via online banking with funds already in your account, log in to the MyPDCU Online Portal or use the MyPDCU app, and select Transfers. Select where you want to transfer from and which loan you would like to transfer to. To...
Continue ReadingDo I need to be a PDCU member to take out a loan?
All accounts and loans require membership at People Driven Credit Union. Membership is available to individuals who live, work, worship, or attend school in the state of Michigan, as well as to relatives of current members. To complete an application for...
Continue ReadingWhat is a Vacation Loan?
A Vacation Loan is a personal loan you can use for eligible travel-related expenses. It gives you one loan amount and fixed monthly payments, so you can budget for your trip with a clear payoff...
Continue ReadingWhat can I use a Vacation Loan for?
Vacation Loans may be used for eligible vacation expenses such as flights, lodging, transportation, travel packages, and other trip-related costs. Honeymoon expenses are also a common...
Continue ReadingAre my payments fixed?
Yes. If approved, your Vacation Loan has fixed monthly payments, which helps make your travel budget more...
Continue ReadingWill applying hurt my credit?
Submitting an application may result in a credit inquiry. Approval and rate are based on creditworthiness and other underwriting...
Continue ReadingHow 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...
Continue ReadingHow much can I borrow with a Life Situational Loan?
Life Situational Loans are available for amounts up to $15,000, based on creditworthiness and eligibility. Contact a Representative How long can I take to repay a Life Situational Loan? Terms are available up to 72 months, depending on the...
Continue ReadingHow long can I take to repay a Life Situational loan?
Terms are available up to 72 months, depending on the amount financed and...
Continue ReadingWhat can I use a Life Situational Loan for?
These loans may be used for eligible expenses tied to major life events, including wedding-related costs and funeral or memorial...
Continue ReadingHow can I see how much I’ve spent on my card and how much I owe?
You can quickly check your balance in the MyPDCU Mobile App. Just log in, select your Visa® Credit Card account, and you’ll see your current balance along with any past-due amount. Together, this shows your total amount...
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...
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...
Continue ReadingHow much can I borrow?
Loan amounts range from $500 to $2,000. The exact amount you qualify for is determined when you...
Continue Reading
