Ready Now Loan by Financial Plus: No Credit Check & Instant Approval

The Ready Now Loan from Financial Plus Credit Union gives members the flexibility to access emergency funds quickly. You can borrow from $500 up to $2,000, and the main advantage is that there’s no credit check required. The loan can be obtained 24/7, with instant approval and same-day disbursement. There’s a processing fee of $25, and you need to have at least $500 per month in direct deposits over the last three months to qualify. The loan cannot exceed your monthly direct deposit or $2,000, whichever is less. Loan terms and interest rates are subject to change, so confirm all details with the provider before applying.

How to Apply: Step by Step

• Log in to your Financial Plus digital banking account
• Select “Buy Now, Pay Later + Ready Now” from the menu
• Follow the prompts and complete your application online
• If approved, your funds are deposited instantly

Pros of Ready Now Loan

One key advantage is the absence of a credit check. This feature is ideal for those who may have less-than-perfect credit histories and need emergency funding.

Additionally, approval is fast and available at any time of the day or week, which means you get funds exactly when you need them without lengthy delays.

Cons of Ready Now Loan

A processing fee is charged and added to the loan amount, which slightly increases the cost. Borrowers are also limited by their monthly deposited income.

There is a cap—loans cannot exceed $2,000 or your monthly deposit, whichever is less. You must also be an existing member and have regular direct deposits to qualify.

My Verdict

The Ready Now Loan is suitable for Financial Plus CU members needing fast cash for emergencies. If you meet the direct deposit requirements and need up to $2,000 without a credit check, this is a convenient option. However, ensure you understand the fee and eligibility before applying.