PayDay Loan Alternative
A fast, smart and affordable alternative to payday loans!
When unexpected bills or other expenses leave you a little short on cash – Saginaw Medical’s payday loan alternative is an easy way to get the cash you need NOW!
- Borrow $5001
- No credit check2
- Get your money the same day
- Low 15.9% interest rate3
- 30-day to 3-month repayment terms4
- $15 application fee5
Questions?? Contact the Loan Department by email or by phone at 989-791-7070 ext 3501.
1Loan amount is a flat $500. Membership must be greater than 90 days for eligibility. Account must be in good standing. Limit of three (3) CU>STAT loans during six (6)-month time frame, per member and you may only borrow one CU>STAT loan at a time.
2Must provide two current paycheck stubs to verify employment and must have minimum income of $1.500/month.
3APR is set at 15.9%.
4For a $500 CU>STAT loan for a term of 3 months with a 15.9% APR, the monthly payment will be $171.34.
5Application fee can be paid up front or deducted from loan.