Skip nav to main content.
People Driven Credit Union

Tax Relief Loan

Take the Stress Out of Tax Season

The Tax Relief Loan is available March 3rd through April 30th, 2025.

2025 Application Closed

Take the Stress Out of Tax Season with PDCU’s Tax Relief Loan

Tax season is here, and for many, it’s a time of financial stress—whether you’re facing tax payments, covering tax prep fees, or just need extra cash to make ends meet. At People Driven Credit Union (PDCU), we understand that tax season can be a heavy burden. That’s why we’re excited to offer our Tax Relief Loan promotion, designed to provide you with a quick, affordable solution to ease the financial strain.

If you’re a PDCU member looking for a way to handle those extra tax-related expenses, the Tax Relief Loan might be exactly what you need. Here’s everything you need to know about this special loan offer!

For current members in good standing with a minimum direct deposit of $1,000 monthly for at least six consecutive months:

2025 Application Closed

For nonmembers or members without a minimum direct deposit of $1,000 monthly for at least six consecutive months:

All Others Apply Here

What is a Tax Relief Loan?

Our Tax Relief Loan is a short-term, low-interest loan that can help you cover everything from tax payments to tax preparation fees—and anything else related to your tax season expenses.

Whether you owe taxes, need to pay for tax prep services, or just need a little extra cash during this financially demanding time, this loan is designed to offer affordable relief.

Loan Details: Flexible Terms for Your Needs

The Tax Relief Loan is available for amounts up to $2,000, with terms that fit your needs:

  • Loan Amount: $500 – $1,000 → 9-month term
  • Loan Amount: $1,001 – $1,500 → 12-month term
  • Loan Amount: $1,501 – $2,000 → 18-month term

With an interest rate of just 9.99% APR* and a $15 processing fee, this loan provides a low-cost solution for handling those extra tax season expenses. Whether you need a smaller loan or a larger one, PDCU is here to help with flexible terms that fit your financial situation.

Who Can Apply?

This loan is available to qualifying PDCU members through our PD Quick Cash service. If you’re a member and need financial relief during tax season, this is a great option for you! If you don’t meet the criteria for the Tax Relief Loan, you can still apply for a regular personal loan to help cover your expenses.

Availability: The Tax Relief Loan is available from March 3rd through April 30th, 2025, so make sure to apply before the deadline to take advantage of this offer.

Why Choose PDCU’s Tax Relief Loan?

Affordable: With 9.99% APR* and a $15 processing fee, this loan provides a way to cover your tax-related expenses without adding to your financial burden.

Flexible Terms: With different loan amounts and repayment terms, you can select the option that best fits your financial situation and pay it off in manageable monthly payments.

Quick Access: Through PD Quick Cash4, you can gain quick access to the funds you need, helping you manage your tax season effectively.

Personalized Support: As a member of PDCU, you have access to personalized support from our friendly team, who are ready to assist you throughout the loan process.

Don’t Let Tax Season Stress You Out

At People Driven Credit Union, we know that tax season can bring added pressure. That’s why we’re here to help with our Tax Relief Loan—a simple, affordable way to ease your financial stress. Don’t let taxes get in the way of your peace of mind. Apply for a Tax Relief Loan today and take control of your finances during this busy season.

TruStage™ Payment Guard Insurance

With a PD Quick Cash Holiday 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 Holiday 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 Holiday Loan and TruStage™ Payment Guard Insurance.

Learn more about TruStage™ Payment Guard Insurance.

How to Apply

Applying for a Tax Relief Loan is easy! Simply visit PDCU’s online application page or stop by one of our branches to get started. If you’re already a member and meet the qualifying criteria, you can quickly apply and receive the funds you need to handle your tax-related expenses.

For current members in good standing with a minimum direct deposit of $1,000 monthly for at least six consecutive months:

2025 Application Closed

For nonmembers or members without a minimum direct deposit of $1,000 monthly for at least six consecutive months:

All Others Apply Here

$2,000 Loan Terms:

For a Tax Relief Loan of $2,000 paid off over 18 months:

Amount Financed: $2,000.00
Processing Fee: $15.00
Payment Guard Insurance: Free
APR: 9.99% APR*
Payment Every Month: $120.10
Total # of Payments: 18
Total Interest: $161.89
Total of Payments: $2,161.89

2025 Application Closed

Frequently Asked Questions

No. People Driven Credit Union loans have no prepayment penalties, so you can pay off your loan early and save on interest.
Yes! Use the funds for vacations, summer camp costs, home improvements, debt consolidation, unexpected bills—whatever helps make your summer.
  • 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.
  • Quick Cash Loan: Funds may be deposited into your account within minutes after approval.
  • Summertime Cash Loan: Typically funded within 5 business days upon final approval and document signing.
No! PD Quick Cash applicants must be a member in good standing with a minimum monthly direct deposit of $1,000 for at least 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 options available to non-members. However, membership is required to receive the loan funds if approved. 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.
You must be a current People Driven Credit Union member in good standing with a minimum direct deposit of $1,000/month for at least the past three consecutive months. A credit check is not required for this loan.
  • PD Summertime Quick Cash Loan: Up to $2,000, 9.99% APR, no credit check, $15 fee, available only to current members with qualifying direct deposit.
  • PDCU Summertime Cash Loan: Up to $30,000, available to both members and non-members, with credit and membership approval.
It’s a limited-time promotion offering two personal loan options to help with summer expenses. Members can choose between the PD Summertime Quick Cash Loan (no credit check, fast funding) or the PDCU Summertime Cash Loan (a traditional personal loan with higher borrowing limits).
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 Holiday 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 three 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.

The origination fee varies depending on the loan amount requested:

  • Loan Amount $500-$999: Origination Fee $12
  • Loan Amount $1000-$1500: Origination Fee $25
  • Loan Amount $1501-$2000:  Origination Fee $35
The interest rate reflects the unique features of the PD Quick Cash loan, such as no credit check and the ability to get funds immediately. It's higher because it accommodates the increased risk associated with not performing a credit check. PD Quick Cash is ideal for situations where the convenience and speed of access to funds are priorities, and it's primarily aimed at helping when unexpected expenses arise suddenly.
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

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.

 

PD Quick Cash Tax Relief Loan Special Qualifications

*APR = Annual Percentage Rate. The PD Quick Cash Tax Relief Loan Special runs from October 15th through December 31st, 2024, with an Annual Percentage Rate (APR) of 9.99%. Members in good standing who receive monthly direct deposits can borrow up to $2,000 (loan amount determined by the total average of the member’s aggregate monthly deposits), with one loan allowed per Social Security number. For a $2,000 loan, the monthly payment is $120.10.

New and current members who do not meet the direct deposit criteria are welcome to apply for a regular personal loan. 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 180 days. Applicants must be at least 18 years old, and joint, business, trustee, conservatorship, and minor accounts are not eligible for this loan. The actual APR* and loan term is subject to approval and may be determined upon the borrower’s creditworthiness and the amount borrowed. Rates are effective as of today and are subject to change.

4Important Information About PD Quick Cash

The PD Summertime Quick Cash Loan is available only to members in good standing with a qualifying direct deposit of at least $1,000/month for six consecutive months. $15 processing fee applies. No credit check is performed for this loan option.

“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.

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.