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Payday Loan Alternative

 

Are you currently facing an unexpected financial crisis? 

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Did the car break down, or did an emergency visit to the ER leave you with a hefty bill to cover? Are you unprepared for a sudden expense? Considering a payday loan? Are you already stuck in a soul-sucking agreement with a predatory lender? 

We understand that life happens when you least expect it. Sometimes you need access to cash… fast. That's why we've got you covered with our range of financial services, designed with you in mind. 

Our payday loan alternative products give people who need a short-term cash infusion better options than high-interest payday lending. 

At River City FCU, we believe you deserve better than an expensive, aggressive loan that keeps you shackled to unmanageable debt. When faced with financial hardship, we want to ensure there are no barriers between you and the right solution for your situation. 

That's why we offer flexible terms and manageable rates. With our payday loan alternatives, you can avoid paying costly fees and interest rates that can add up quickly. 

What exactly is a payday loan? 

A payday loan is a short-term, small-dollar loan that you get from a lender. The lender gives you cash and expects you to pay it back when you get paid again. Payday loans are typically used for emergencies and can provide quick access to funds when you don't have another option. 

However, they're also expensive—the fees are usually much higher than other kinds of loans and credit cards. This arrangement can make it difficult for borrowers to repay what they owe on time, which leads many people into a cycle of debt where they take out another loan to cover the previous one.  

A payday loan is guaranteed to be costly. Why would you turn to an expensive product when money is already tight? Let us help you avoid the painful and unrelenting debt trap caused by predatory lenders with one of our payday loan alternatives. 

What is a payday loan alternative?

River City FCU is an organization that prioritizes accessibility to safe and affordable financial products for all of its members. We offer an array of manageable solutions to help you get back on your feet without worrying about predatory lending practices.

Check out some of our payday loan alternative solutions:

  • Signature Loan: If you are stuck with multiple payday loans or unmanageable credit card bills, our Signature Loan is a great way to consolidate your debts and alleviate the predatory lending cycle. We will tailor our loan to meet your specific needs, allowing you to restructure and pay off your other high-interest debts with flexible terms and competitive rates.

  • MyCash PAL: Before you visit a predatory lender, consider our safer and more affordable alternative. This short-term loan helps you manage cash flow when funds are tight, or an emergency arises. MyCash PAL is now available online, so it's faster and easier than ever to apply and get approval for the funds you need when you need them.

Our team is dedicated to ensuring every member has access to the resources they need when they need them most. If you're struggling with an unexpected expense and need a financial boost, we can help you find the right solution that works for you. Our payday loan alternative offerings are designed to help you get back on your feet.

If you're interested in learning more about our payday loan alternatives, please call us at (210)-225-0708 or visit us online at www.rivercityfcu.org today!