QuickCash
A Smart Alternative To Payday Lenders
Short on cash? Considering a payday loan?
Payday Lending is an increasingly popular loan option that provides money until the borrower's next paycheck. But there's one catch — you have to be willing to pay a huge price.
A typical 15% fee on money borrowed from a payday lender is often the equivalent of an annual percentage rate that could range anywhere from 180% to 780%, depending on the payback period.
There Is A Better Solution
QuickCash from Langley Federal Credit Union. This clever alternative to payday lenders features the quick turnaround you need and an 18% APR, which means huge savings for you.
For example, say you pay $75 to borrow $500 for two weeks from a payday loan company. That $75 fee translates into an annual percentage rate of 390%!
Now, if you were to take out a $500 QuickCash loan from Langley Federal Credit Union at an annual percentage rate of 18%, you would pay only $3.48 in interest over a two week period.
If you find yourself in need of extra cash:
We will help you with an affordable, smart alternative to payday lenders.
