Payday Saver Loan
At St. Louis Community, we know that it’s difficult to break the payday loan cycle, and we’re dedicated to helping our members do just that. That’s why we offer a Payday Saver Loan. With a Payday Saver Loan from St. Louis Community, you can consolidate up to $1,000 of payday loans at a reasonable interest rate and repayment period — no credit check required!
Features of Payday Saver Loan:
- Must be a current member of St. Louis Community Credit Union
- Must have an active checking account in good standing that has been open at least six months
- No credit checks
- Max loan amount: $1,000
- Repayment term: up to 12 months
- Annual percentage rate: 25%
- Application fee: $25
- Automatic transfer of payment available for your convenience
- Financial counseling available and encouraged at no additional charge
This product cannot be used to pay off a Freedom Line of Credit with St. Louis Community.
Break free from the outrageous fees, short-term repayments and predatory nature of payday loans. You deserve control over your finances, and we’re ready to help.
Visit any of our branches or call us today at 314-534-7610!