Payday Saver Loan

If the payday loan cycle has you trapped, St. Louis Community is here to provide you relief with a Payday Saver Loan. 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 branch and speak to a Member Service Representative to apply for the Payday Saver Loan.