FAQ Category: Personal
How 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.
Continue ReadingWhat should I do if I don’t know my account number?
If you don’t know your account number, we recommend applying for the PD Quick Cash Loan through your online portal or the MyPDCU app. Once logged in, you will skip the verification step because you’ve already used two-factor authentication to access your account.
Continue ReadingWhy am I receiving an error when applying for a PD Quick Cash Loan on the website?
If you’re applying for a PD Quick Cash Loan directly from the website, the system requires your account number and zip code to verify your identity. If this information is entered incorrectly five times, you will be locked out for 24 hours.
Continue ReadingCan I pay off my Credit Builder Loan early?
People Driven Credit Union allows early repayment of Credit Builder Loans with no prepayment penalty.
Continue ReadingWhat happens when I finish repaying the Credit Builder loan?
Once the loan is fully repaid, you’ll have access to the funds in the secured account, and your positive payment history will be reflected in your credit report.
Continue ReadingWill a Credit Builder Loan work if I already have credit?
A Credit Builder Loan can still be helpful if you have existing credit but are looking to improve your score. It adds positive payment history to your credit report, which can strengthen your credit profile.
Continue ReadingIs there an interest rate on a Credit Builder Loan?
Yes, Credit Builder Loans typically come with an interest rate. The rate can vary depending on your credit history.
Continue ReadingHow much can I borrow with a Credit Builder Loan?
The loan amounts for Credit Builder Loans from People Driven Credit Union range from a few hundred up to $2,000.
Continue ReadingWhat happens if I miss a payment?
Missing a payment on a Credit Builder Loan can negatively impact your credit score, as People Driven Credit Union will report late or missed payments to the credit bureaus. It’s important to make all payments on time to build a positive credit history.
Continue ReadingHow long does it take to build credit with a Credit Builder Loan?
Building or improving your credit score with a Credit Builder Loan typically takes several months. Consistent, on-time payments over the loan term will have a positive impact on your credit score. The exact time depends on your starting credit history and the loan’s length.
Continue ReadingDoes a Credit Builder Loan help improve my credit score?
Yes, a Credit Builder Loan can help improve your credit score as long as you make regular, on-time payments. People Driven Credit Union reports your payment history to the credit bureaus, and positive payment behavior can lead to an increase in your credit score over time.
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