The All In Credit Union Payday Assistance Loan stands out as an accessible and affordable option for those who need fast cash. With loan amounts from $200 to $1,000, a flat 28% APR, and a six-month term, this offer is a solid alternative to traditional payday lenders. Unlike many payday advances, there’s no credit check. Instead, you only need to be the primary owner of an eligible checking account in good standing and pay a $20 application fee (waived for Military Lending Act applicants).

How to Apply: Step by Step

1. Ensure you have an eligible All In checking account in good standing.
2. Fill out the short online application – available 24/7.
3. Confirm your information and submit your request.
4. Within about 15 minutes (longer after hours and on holidays), funds can arrive in your account.
5. Repay the loan over 6 months at a predictable monthly rate.

Key Pros of the Payday Assistance Loan

A big plus is the low, transparent rate – only 28% APR – compared to the industry average of 391% for typical payday loans. Plus, no credit check means you have a better chance to qualify if your score isn’t perfect.

Funds are often available in as little as 15 minutes, making this a practical option when you need money fast and want to avoid resorting to risky payday advances with sky-high fees.

Cons to Consider

The $20 application fee applies whether or not you’re approved. This could make it costly for those not certain of eligibility.

Only primary owners of eligible checking accounts can apply, so you’ll need to be a member and have your account in good shape before requesting a loan.

Verdict: Is it Worth Applying?

For those who need quick access to a small sum and want to avoid predatory rates, the All In Credit Union Payday Assistance Loan is a strong choice. The combination of speed, flexibility, and reasonable costs make it a recommended option if you qualify. Be aware of fees and eligibility requirements before applying.