“Payday loans,” which are also called cash advance, check advance and post-dated check loans, have become increasingly popular for fast cash. All a consumer needs in order to obtain a payday loan is employment, a utility bill, a checking account and a driver’s license. The borrower writes a personal check payable to the lender for the amount he or she wishes to borrow, plus a fee, which is typically in the range of 10% to 25% of the amount. That check is held for up to four weeks. At that time, the check is redeemed by the borrower by paying the face amount of the check or allowing it to… read more »

Summer is a time for fun and excitement, but it can also be super expensive. Summertime can be a season of major life changes like household moves and weddings; purchasing that boat you’ve been eyeing and let’s not forget those dream vacations! Before you start swiping the plastic for everything under the sun, Belco Community CU recommends considering a personal loan to stay within your budget. At, Belco Community CU, the application process is smooth and quick, and, as a member, you don’t need flawless credit to qualify for a great rate. We also offer fantastic terms, with interest rates on loan payments. When you use a personal loan instead… read more »

Q: I need to get some money together in a hurry. Help! What can I do? A: There’ll always be times in your adult life when you find yourself in need of a sizable amount of money without enough savings on hand. Maybe you’re drowning in debt, or you just spent some time in the hospital, or your car started to breathe fire. Whatever the case, you need that money pretty quickly. For times like these, consider a personal loan. A personal loan is a loan of any amount of money, typically ranging from $1,000 to more than $50,000, which is not secured with collateral — that is, there’s no… read more »