Financial Plus Credit Union
Apply online anytime for up to $2,000 with no credit check and get instant approvals. Quick access to cash for emergencies and unexpected expenses.
If you’re in a bind and need immediate funds, the Ready Now Loan from Financial Plus Credit Union may be a suitable solution. This offer allows borrowers to access up to $2,000 with 24/7 approval—no credit check required. The minimum loan amount is $500, with a $25 processing fee added to the loan total. To qualify, you must be a member and have at least three months of $500+ monthly direct deposits into your account. Actual approval amounts and terms depend on your specific deposit data and account standing.
Interest rates and repayment terms are determined based on internal criteria. While the precise APR is not disclosed, the main attraction is the speed and inclusivity—borrowers with any credit background can apply.
How To Apply: Simple Steps
1. Log in to your Financial Plus digital banking account.
2. Navigate to the “Buy Now, Pay Later + Ready Now” option in the menu.
3. Complete the online application following the on-screen prompts.
4. Upon approval, funds are deposited instantly into your account, making this process exceptionally fast and convenient.
5. Only one Ready Now Loan can be outstanding at a time, and your account needs to remain in good standing.
Benefits: Stand-Out Advantages
The Ready Now Loan makes funds accessible to those with limited or challenged credit histories, bypassing traditional credit checks. This is especially helpful during emergencies.
Another strong advantage is the speed—applications can be submitted at any hour, and, if approved, funds are deposited almost immediately into your bank account.
Drawbacks: Consider Before Applying
The main downside is the relatively modest loan limit, capped at $2,000 or your monthly direct deposit, whichever is less. This makes it best for short-term, minor financial gaps.
Additionally, loan approval and terms are subject to specific deposit requirements and account history. The $25 processing fee might feel steep for smaller loan amounts.
Final Verdict
As an independent reviewer, I see the Ready Now Loan as a practical, no-fuss borrowing solution for Financial Plus Credit Union members needing quick cash. It balances convenience against strict eligibility and relatively low loan amounts. Those frequently facing emergency expenses but lacking strong credit will likely find this offer valuable for its speed and minimal barriers.
