As summer reaches its peak, thoughts of the upcoming school year begin to surface. At People Driven Credit Union (PDCU), we recognize that preparing for a new academic year can present significant financial challenges, ranging from purchasing school supplies and clothing to covering tuition and other educational expenses. To help our members navigate this period smoothly, we are excited to announce our PD Quick Cash Back-to-School Loan special!
Introducing the PD Quick Cash Back-to-School Loan Special
Whether you’re gearing up to send your child back to school or heading back yourself, our PD Quick Cash Back-to-School loan is designed to provide the financial support you need. This limited-time offer not only helps with immediate school-related expenses but also provides an opportunity to consolidate higher-interest debts incurred over the summer.
Why Choose the PD Quick Cash Back-to-School Loan?
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- No Payments for 30 Days: Ease into the school year without immediate financial pressure.
- Flexible Loan Amounts: Borrow up to $1,000 or $500, depending on your direct deposit history.
- Low 10.99% APR*: Enjoy a fixed, low-interest rate.
- 11-Month Term: Manageable repayment period tailored to your needs.
Eligibility Criteria:
- $1,000 Loan: This loan is available to members in good standing who have made a minimum direct deposit of $1,000 monthly for at least six consecutive months.
- $500 Loan: This loan is available to members in good standing who have made a minimum direct deposit of $500 monthly for at least six consecutive months.
- Holiday Loan Special Participants: Members who have previously received our Holiday Loan Special are eligible, provided they are in good standing at the time of application.
How to Apply:
The application process for PDCU’s PD Quick Cash Back to School loan is now closed. If you need cash quickly, consider our other loan options.
Don’t Miss Out!
This special promotion runs from July 1st, 2024, to September 30th, 2024. Take advantage of this opportunity to make the upcoming school year less stressful and more successful.
Visit our dedicated PD Quick Cash Back-to-School Loan webpage to learn more.
Prepare for Success with PDCU
At PDCU, we’re committed to supporting our members through every stage of life. Our PD Quick Cash Back-to-School loan special is just one way we help you manage your financial needs effectively. Let us help you make this school year the best one yet.
Stay tuned for more updates and financial tips by visiting our blog regularly.
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 $1,000 loan amount, 10.99% APR*, 11-month term, $15 Origination Fee. $95.98 monthly payment on $1,000 loan amount. $47.99 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 or $1,000. 10.99% Interest Rate. Actual APR* may vary (14.096% – 17.279%% estimated range based on loan amount).
- Loan Amount $500: Origination Fee $15
- Loan Amount $1000: Origination Fee $15
PDCU Member Back-to-School Loan Qualifications
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 $500 or more set up for at least 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.
4Important Information About PD Quick Cash
The PD Quick Cash Holiday 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.
