What Is the Ready Now Loan?

The Ready Now Loan by Financial Plus Credit Union provides a simple solution for urgent cash needs. You can borrow up to $2,000 without undergoing a credit check.

This loan is available exclusively to account holders with qualifying deposit activity. Approval is automatic and available at any hour via their digital banking.

There is a $25 processing fee added to the loan amount. The loan amount cannot exceed your monthly direct deposits or $2,000, whichever is lower.

Minimum loan amount starts at $500. Members must have an average monthly deposit of $500 or more over the last three months for eligibility.

One Ready Now Loan is permitted per member at any one time. Terms, rates, and approval amounts are subject to the credit union’s criteria.

Step-by-Step: How to Apply

1. Log in to your Financial Plus Credit Union digital banking account.

2. From the menu, select «Buy Now, Pay Later + Ready Now.»

3. Follow the brief prompts to complete your application.

4. Receive your approved cash immediately in your account upon meeting qualifications.

5. Ensure your account remains in good standing and your direct deposits qualify to maintain eligibility.

Pros of the Ready Now Loan

One of the strongest advantages is fast access to funds, especially since approval is instant and requires no credit history review.

This can be a real lifeline if you face an unexpected expense and need money at odd hours.

Cons of the Ready Now Loan

The maximum borrowing amount is relatively low at $2,000, and you can only have one such loan out at a time.

Additionally, a $25 processing fee applies, which will be added directly to your loan balance.

Ready Now Loan Verdict

For members with direct deposit, the Ready Now Loan is a practical option for obtaining emergency cash rapidly and easily. However, loan limits and fees should be considered.

If you need a seamless, no-credit-check solution for quick funds, this digital offer fits the bill, provided you meet the membership and deposit requirements.