Ready Now Loan: Instant Approval up to $2,000, No Credit Check Needed

The Ready Now Loan from Financial Plus Credit Union offers members a way to access fast cash for emergency expenses or sudden needs. This loan allows borrowing up to $2,000 with no credit check, making it inclusive for those with varied credit backgrounds. Approval is instant and available 24/7 through their digital banking platform. The loan requires three months of average monthly qualifying deposits over $500 and a one-time $25 processing fee added to the loan balance. Terms are dependent on the member’s deposit history and FPCU membership status.

How to Apply for the Ready Now Loan

1. Log in to your Financial Plus Credit Union digital banking account.

2. Select the “Buy Now, Pay Later + Ready Now” option in the menu.

3. Complete the online application by following the prompts.

4. Once approved, the funds are deposited to your account immediately.

5. Ensure your account shows qualifying deposit activity for faster approval.

Pros of the Ready Now Loan

No credit check is required, opening doors for borrowers with low or no credit history. The application and funding process is entirely online and available at any time of day or night, providing unmatched convenience in urgent situations. Immediate funding means you don’t have to wait days for approvals or transfers.

Cons of the Ready Now Loan

The maximum loan amount is capped at $2,000, which might be lower than what some borrowers need for larger expenses. Only Financial Plus Credit Union members with a qualifying deposit history can apply, which adds a barrier for non-members or new account holders.

Verdict

The Ready Now Loan is a strong choice for quick, small-dollar borrowing needs, especially for those who are concerned about credit checks. As an unbiased reviewer, I find it ideal if you already bank with FPCU and need instant cash access. However, those needing more significant funding or not yet members may wish to explore other options.