PAYDAY LOANS

Payday Loans (pic)

The Smart Alternative to Predatory Payday Lending

When you are buried in bills, it can be hard to make ends meet. Payday lenders and check cashing business charge interest rates that are effectively over 1,000%. Don’t fall into this trap – your credit union is here to help!

 

Technicolor Federal Credit Union offers Alternative Payday Loans, which is a better way to borrow money when you need it most. With loan amounts up to $500, you can get an Alternative Payday Loan with an interest rate of 18.0% APR* if you schedule direct deposit and automatic payments to pay your loan.

 

  • Loan amounts from $250 to $500
  • Terms between 1 and 6 months
  • Interest rate of 18% APR (with direct deposit and automatic payments scheduled)

 

Our goal is help you get out of the unfortunate vicious cycle of payday lending scams with a credit union Alternative Payday Loan. These loans are designed to be paid off within 1 to 6 months depending on your needs. Contact a loan officer today by calling us at (818) 973-4900, option "3" to ask about our Alternative Payday Loans. At Technicolor Federal Credit Union, we are "Your partner on the path to financial success."

 

Or just log into Online Banking and click on "Online Loan Application" to apply.

 

*APR = Annual Percentage Rate. Borrower must provide 2 most recent pay stubs. The 18.0% APR includes a discount of 10% from the maximum interest rate of 28% APR for having direct deposit and automatic payments scheduled. Only valid on loan amounts of $250-$500. Must be a TFCU member for 30 days or more. Terms are 1-6 months. a $20.00 application fee is required. Offer is subject to change or cancellation without notice.

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This Credit Union is Federally Insured by the National Credit Union Administration.