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.
-
Rates Subject to Change
Life is full of changes—and having a plan can make all the difference. Optional Debt Protection can help support your loan payments during qualifying life events, giving you one less thing to worry about. It’s just one more way to protect what matters most and move forward with confidence. We’re here to help you choose the option that’s right for you. Learn more!