The Ready Now Loan by Financial Plus Credit Union stands out for borrowers seeking quick cash with minimal hurdles. You can borrow up to $2,000, and what makes this product unique is there is no credit check required at all. While the exact interest rate isn’t publicly advertised, a one-time $25 processing fee applies. To qualify, you’ll need three months of direct deposits averaging over $500 per month at FPCU and must be a member in good standing.

How to Apply for Ready Now Loan: 3 Simple Steps

1. Log in to your online banking account with FPCU.
2. Select Ready Now from the digital banking menu.
3. Follow the prompts to finalize your application and receive funds instantly.

Ready Now Loan Pros

This loan is available 24/7, providing instant access to emergency funds any time you need. Approval is granted instantly if you meet eligibility, and no credit check is ever required. Funds deposit directly to your account online with a simple process.

Ready Now Loan Cons

You need to be an FPCU member and have three months of qualifying direct deposits, which may exclude some potential clients. Loan amounts are capped at $2,000, which might not meet larger financial needs. The actual APR is not clearly stated online.

Verdict: Is the Ready Now Loan Worth Considering?

If you need quick cash and can’t qualify for traditional loans due to credit history, this is a solid alternative. Although loan size is limited, the convenience and ease of access are major selling points. Those meeting the requirements will find it a speedy, no-fuss solution for short-term expenses.