Get Ready for the New School Year with PDCU’s Back-to-School Loan Special!

This promotion runs from August 18, 2025 through September 30, 2025.

PD Quick Cash Back-to-School Loan Special

Back-to-school season adds up fast. School supplies, clothing, tuition, fees, and activity costs can strain even a well-managed budget. People Driven Credit Union’s PD Quick Cash Back-to-School Loan Special gives eligible members fast access to up to $1,000 with no payments for the first 30 days, a low fixed rate, and same-day approval for qualifying accounts.

This promotion runs from August 18, 2025 through September 30, 2025.

Loan Details

Loan amounts: Up to $1,000 or $500 depending on your direct deposit history.

Interest rate: 10.99% fixed. Actual APR ranges from 14.096% to 17.279% depending on loan amount.

Loan term: 11 months.

Origination fee: $15 on both the $500 and $1,000 loan amounts.

Monthly payments: $95.98 per month on a $1,000 loan. $47.99 per month on a $500 loan.

No payments for 30 days: Your first payment is not due until 30 days after the loan is funded.

No credit check: Credit reports are not pulled for Back-to-School Loan applications.

Funds deposited in under 60 seconds for approved applications submitted during regular business hours.

Eligibility Requirements

$1,000 loan: Available to PDCU members in good standing with a minimum direct deposit of $1,000 per month for at least six consecutive months.

$500 loan: Available to PDCU members in good standing with a minimum direct deposit of $500 per month for at least six consecutive months.

Previous Holiday Loan Special participants are eligible provided they are in good standing at the time of application.

Members may have up to two Back-to-School Loans simultaneously. A 30-day waiting period is required between loan applications. Membership must be active for a minimum of 180 days.

How to Apply

Step 1: Confirm you have had a qualifying direct deposit of $500 or more per month for at least six consecutive months.

Step 2: Apply online through the Back-to-School Loan page. Applications receive an approval or denial decision within minutes.

Step 3: If approved, funds are deposited directly into your PDCU account in under 60 seconds during regular business hours.

What You Can Use the Loan For

The Back-to-School Loan is designed for school-related expenses but there are no restrictions on how you use the funds. Common uses include school supplies, clothing, textbooks, tuition installments, activity fees, and consolidating higher-interest debt accumulated over the summer.

Application Status

The application period for the 2025 PD Quick Cash Back-to-School Loan Special runs through September 30, 2025. If the promotion has ended and you need funds quickly, explore our other personal loan options.

Stay current on PDCU promotions 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 member’s agreement to all required agreements and disclosures on the 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% to 17.279% estimated range based on loan amount).

Loan Amount $500: Origination Fee $15. Loan Amount $1,000: Origination Fee $15.

PDCU Member Back-to-School Loan Qualifications

Back-to-School Loans are only available to members of People Driven Credit Union. Members are permitted to have up to two Back-to-School Loans simultaneously. 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. 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.

Important Information About PD Quick Cash

The PD Quick Cash Back-to-School Loan is available only to members in good standing with a qualifying direct deposit of at least $1,000 per month for six consecutive months. A $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.