Need a short term Pay Advance? If you have been on your current job at least 6 months to a year and have direct deposit into your credit union account, you may qualify for up to a $1,500 Pay Advance Line of Credit.* Payments may be setup through automatic transfer from your TruGrocer account. The Annual Percentage Rate (APR) is 18.00% with an approximate repayment period of 3 to 12 months. The PAL must be paid in full prior to receiving a new advance with a limit of 6 advances per calendar year.
*On approved credit, an initial $25 non-refundable application fee is required prior to processing a PAL request.
PAL Credit Limit
|
PAL Monthly Payment
|
Approximate Repayment Period
|
|
$1,500 |
$140 |
12 Months |
|
$1,250 |
$115 |
12 Months |
|
$1,000 |
$95 |
12 Months |
|
$1,000 |
$180 |
6 Months |
|
$750 |
$135 |
6 Months |
|
$500 |
$175 |
3 Months |
|
$400 |
$140 |
3 Months |
|
$300 |
$105 |
3 Months |
|
$200 |
$70 |
3 Months |
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Annual Percentage Rate is called the APR.
-
Number of monthly payments is the Term.
-
Amount of the monthly payment is the Payment.
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Rates Subject to Change