We want you to know that we are here to help with the financial ups and downs that life may bring. To support you during those times, GFCU has our QuickLoan product to offer.
This is a short-term and unsecured loan provided in an effort to better assist our members and help them avoid predatory payday lending. When you need it the most our QuickLoan is available and can be obtained without a credit check. With a qualifying direct deposit and a low-cost fee, you will have immediate cash or deposited funds available.
Unable to make it into a branch? Members that would prefer to complete the Quickloan process online may request to finalize their loan via secure electronic signature solution!
Loan Amount: $700 to $1,000
Interest Rate: 26% Annual Percentage Rate
Term: Up To 12 Months
Application Fee: $35
→ Must be 18 years or older with a current, valid California Driver’s License or ID.
→ Must be employed with current employer or receive other monthly income for at least (3) months.
→ Must be a Credit Union member for at least three (3) months.
→ Must receive regularly scheduled ACH deposits to GFCU account.
→ Loan payment amount may not exceed monthly income deposited into account.
→ Only one QuickLoan per member may be outstanding and QuickLoans must be paid in full before another QuickLoan can be granted.
→ No credit union delinquencies of thirty (30) days or more in the last six (6) months.
→ No credit union losses, no negative accounts with the credit union, and no current bankruptcies.
→ Subject to verification of employment.
CREDIT INQUIRY WILL NOT BE MADE IN ORDER TO RECEIVE QUICKLOAN FINANCING