Quick Loan Details
- Application fee of $50.00
- Interest Rate: 18% Annual Percentage Rate (APR)
- Term: 3 Monthly Payments
- Application Fee: Must be paid up front and cannot be financed
Terms and Conditions
Applicant must be 18 years or older with a current, valid California Driver’s License or ID. Must be employed by a current employer or receive other monthly income for at least (6) months and be a FEW Credit Union member for at least three (3) months. Only one QuickLoan per member may be outstanding at the time of application. QuickLoans must be paid in full before another QuickLoan can be granted. The applicant cannot have any credit union delinquencies of thirty (30) days or more and/or a negative balance of thirty (30) days or more in the last six (6) months. Furthermore, the applicant cannot have any credit union losses, a negative account or any current delinquency. Members may be disqualified from Quick Loan program due to Quick Loan repayment delinquencies.