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Salary Advance Loan
We now offer an alternative to borrowing from Payday Lenders and help you break the cycle of using Payday Lenders. The Salary Advance loan is made for $300 with 0% interest. There is an application fee of $10. You must put $15 of the advance into a Pay Yourself First Savings Account each time you make one of these loans. Over time your savings will increase so you can borrow against your savings at a much lower cost. You must be a member in good standing for at least 90 days and have Direct Deposit from payroll with the net amount in excess of $300.00, and a positive balance in all CECU accounts.
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