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People Driven Credit Union

Back-to-School Cash

Receive up to $2,000!

Special runs August 18, 2025 – September 30th, 2025

2025 Application Closed

A Back-to-School Cash Loan for Educational Expenses

Preparing for the academic year can strain your budget due to expenses like school supplies, clothing, and tuition. Other educational costs can also add to the burden. People Driven Credit Union (PDCU) is here to help. Our Back-to-School Cash loan is designed to ease your financial burden and help you manage these costs effectively.

2025 Application Closed

 

 

Chalkboard with a colorful promotion of People Driven Credit Union's Back-to-School loan.

Flexible Loan Amounts:

$1,501 to $2,000:

For members in good standing, if they’ve had at least $1,000 in monthly direct deposits for the past six months.

Terms:

For a Back-to-School Cash loan of $2,000 paid off over 18 months:

Amount Financed: $2,000.00
Origination Fee: $35.00
Loan Insurance: Free
Interest Rate: 9.99%
APR*: 12.310%
Payment Every Month: $120.10
Total # of Payments: 18
Total Interest: $161.89
Total of Payments: $2,161.89

2025 Application Closed

$1,001 to $1,500:

For members in good standing, if they’ve had at least $1,000 in monthly direct deposits for the past six months.

Terms:

For a Back-to-School Cash loan of $1,001 paid off over 12 months:

Amount Financed: $1,001.00
Origination Fee: $35.00
Loan Insurance: Free
Interest Rate: 9.99%
APR*: 16.778%
Payment Every Month: $88.00
Total # of Payments: 12
Total Interest: $54.99
Total of Payments: $1,055.99

2025 Application Closed

$500 to $1,000:

For members in good standing, if they’ve had at least $1,000 in monthly direct deposits for the past six months.

Terms:

For a Back-to-School Cash loan of $500 paid off over 9 months:

Amount Financed: $500.00
Origination Fee: $35.00
Loan Insurance: Free
Interest Rate: 9.99%
APR*: 28.018%
Payment Every Month: $57.89
Total # of Payments: 9
Total Interest: $21.04
Total of Payments: $521.04

2025 Application Closed

Key Features:

  • No Payments for 30 Days: Start your school year worry-free with no initial payments.
  • No Credit Check: Apply without the worry of credit checks.
  • Maximum Annual Percentage Rate (APR) of 28.018%
  • 9, 12, & 18-Month Terms: Manageable repayment periods to suit your financial planning.
  • Origination Fee: $35

 

A Back-to-School Cash Loan can be used for:

  • Uniforms
  • Computers
  • Supplies
  • Sports equipment
  • Clothing
  • Musical instruments

Everything and anything you need to help your family succeed in school this year.

Eligibility:

Members in good standing may qualify for a loan if they’ve had at least $1,000 in monthly direct deposits for the past three months. The amount available is then determined automatically based on a percentage of those deposits, up to $2,000 (minimum $500).

  • To borrow up to $2,000, you’ll need to have at least $2,000 in direct deposits each month for the last three consecutive months.
  • The minimum loan amount available is $500.
  • PD Quick Cash and PD Seasonal Loan Special Participants: Members who previously received our PD Quick Cash loan specials are also eligible for this Back-to-School loan promotion, provided they are in good standing at the time of application.

How to Apply:

  • Check Your Eligibility: Members in good standing may qualify for a loan if they’ve had at least $1,000 in monthly direct deposits for the past six months.
  • Apply Online or on the MyPDCU app: You can apply for the Back-to-School loan online.
  • Get Approved Quickly: Our streamlined approval process ensures you receive the funds you need promptly.

2025 Application Closed

TruStage™ Payment Guard Insurance

With a PD Quick Cash Back-to-School Loan from People Driven Credit Union, you don’t just get fast access to funds—you also get free loan insurance! Our PD Quick Cash Back-to-School Loans now come with TruStage™ Payment Guard Loan Insurance, automatically included at no additional cost to you.

In the event of a covered job loss, TruStage™ Payment Guard Insurance provides a lump sum payment of $500 toward your loan balance, helping to ease your financial burden during challenging times. Stay protected and secure your financial future with a PD Quick Cash Back-to-School Loan and TruStage™ Payment Guard Insurance. Learn more about Payment Guard Insurance.

Frequently Asked Questions

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).
No credit check is required for this loan option. Approval is based on your membership status and deposit history.
Loan amounts range from $500 to $2,000. The exact amount you qualify for is determined when you apply.
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.
Yes. A one-time $35 processing fee applies, regardless of loan amount.
Yes. Members may have up to two active Back-to-School Loans at a time. A 30-day waiting period is required between applications.
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.
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.
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:
  1. Open the Mail app on your iPhone.
  2. To receive notifications about replies to emails or threads:
    • When reading an email: Tap the left arrow and tap Notify Me.
    • When writing an email: Tap the Subject field, tap the blue bell in the subject field, and then tap Notify Me.
  3. To adjust how notifications appear:
    • Go to Settings > Apps > Mail > Notifications, then turn on Allow Notifications.
  4. To customize notification settings for your email account:
    • Go to Settings > Apps > Mail.
    • Tap Notifications and ensure Allow Notifications is turned on.
    • Tap Customize Notifications and choose the settings you want for your email account (e.g., Alerts or Badges).
    • You can also adjust alert tones or ringtones if you turn on Alerts.
If the issue persists, you can try applying through the browser on your phone or using a computer. As a last resort, you can visit one of our branches and use the iPad in the office to complete your application.

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 being kicked out of the application process, read How can I avoid being kicked out of the app when I receive the security code?

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.
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.
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.
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.
PD Quick Cash login screen.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.
PD Quick Cash application decisions are entirely system-driven to ensure fairness and consistency. While we cannot provide specific reasons for denials, we’re happy to assist you in understanding the next steps or offering advice on improving your chances for future applications.
PD Quick Cash applications can only be submitted online. To protect your personal information and meet our security standards, phone applications are not permitted. This ensures your privacy and guarantees that all required information is accurately captured.
If you're having trouble receiving the validation code, it may be due to your device’s operating system. Ensure your phone or computer is running the latest version, as outdated systems can interfere with code delivery. If you’re still not receiving the code, try restarting your device and submitting the request again.
Yes. PD Quick Cash loans are only available for People Driven Credit Union members. Specifically, one must be a member in good standing, with direct deposit set up for at least six months. Member will be defaulted to pay their monthly payments as auto-payments from their account.

The origination fee for a PD Quick Cash loan is a one-time cost for convenience and speed. It allows you to secure funds instantly without a traditional credit check. This is particularly beneficial when you need urgent access to funds without the usual wait times or paperwork involved in standard loan processing. It's designed to be a fast, straightforward solution for immediate financial needs.

A one-time $35 processing fee applies, regardless of loan amount.

Using your credit card is a common choice for emergencies. However, the PD Quick Cash offers a structured repayment plan that could potentially have lower interest costs compared to high credit card interest rates, especially if the balance isn't paid off immediately. Additionally, this loan provides a quick, predictable, and fixed repayment plan that helps manage your budget without the variable costs associated with credit card interest.
No. One of the benefits of PD Quick Cash is that it doesn’t involve a traditional credit check, which means it doesn't directly impact your credit score. This can be a great option if you're concerned about maintaining your current credit score while still needing access to emergency funds. Although we do not run credit checks for the PD Quick Cash loan application, we do report payment history to the bureaus in hopes of helping our members repair or begin building credit with on-time payments.

Disclosures:

*APR = Annual Percentage Rate.

By applying for this loan, you authorize People Driven Credit Union to access reports from third parties, including credit reporting agencies. This process could impact your credit score. Up to $2,000 loan amount, 12.310% – 28.018% estimated APR* range based on loan amount, 18-month, 12-month and 9-month terms available, $35 Origination Fee. $120.10 monthly payment on $2,000 loan amount. $57.89 monthly payment on $500 loan amount. Closing your loan is contingent upon the members’ agreement to all the required agreements and disclosures on the www.PeopleDrivenCU.org website. Enjoy the added convenience of making payments with direct deposit.

People Driven Credit Union (PDCU) will not accept requests to change the payment transfer method or due date for funded PD Quick Cash loans. By applying for and financing a PD Quick Cash loan, members agree to an automatic loan transfer scheduled 30 days from the loan date.

Loans of $500 to $2,000. 9.99% Interest Rate. Actual APR* may vary (12.310% – 28.018% estimated range based on loan amount).

  • Loan Amount $500: Origination Fee $35
  • Loan Amount $2,000: Origination Fee $35

PDCU Member Back-to-School Loan Qualifications

The Back-to-School Cash Loan runs from August 18, 2025, to September 30, 2025, with an Annual Percentage Rate (APR*) as low as 12.310%. $35 processing fee applies.

The Back-to-School Cash Loan is available only to members in good standing with a qualifying direct deposit of at least $1,000/month for the last six consecutive months. No credit check is performed for this loan option.

Back-to-School Loans are only available for Members of People Driven Credit Union. Members are permitted to have up to two Back-to-School Loans simultaneously; however, a 30-day waiting period is required between loan applications. People Driven Credit Union members in good standing, with a direct deposit of $1,000 or more set up for the last six months, are invited to apply online for the Back-to-School Loan. Online applications will receive an approval or denial decision within minutes. If approved, funds will be deposited directly into the member’s account within 60 seconds. Credit reports will not be checked for Back-to-School Loan applicants.

There is no prepayment penalty for this loan. To qualify, borrowers must be the primary account holder, in good standing with PDCU, have a valid email and physical address, and be current on all PDCU accounts for the last 90 days. Applicants must be at least 18 years old, and joint, business, trustee, conservatorship, and minor accounts are not eligible for this loan.

4Important Information About PD Quick Cash

“Same-day approval,” “under 60 seconds,” and “funds promptly” refer to the average time it takes to process applications for eligible members during regular business hours. Actual approval and funding times may vary based on application volume, account verification, and other eligibility requirements.

Approval is not guaranteed and is subject to credit union membership, account history, and other underwriting criteria. Applicants must be a member in good standing for a minimum of 180 days and meet eligibility criteria, which may include regular direct deposit and no recent loan delinquencies.

Members are permitted to have up to two PD Quick Cash Loans simultaneously; however, a 30-day waiting period is required between loan applications. Members are only allowed three PD Quick Cash Loan products (open or closed) in a rolling six months. Maximum of two loans at a time.

All loans are subject to credit union approval and other terms and conditions. People Driven Credit Union reserves the right to modify or discontinue this product at any time without notice.

Membership Requirement

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 relatives of current members. To complete an application for any account or loan, you will need the following information:
  • A valid Driver's License, State ID, or Passport with your current address
  • Your Social Security Number
A Membership Share Savings Account is required to establish membership at People Driven Credit Union. A $5 deposit secures your ownership share in the credit union and unlocks access to our full suite of products and services. This account earns 0.01% APY with a $5 minimum deposit.