ADVANCE
PAY
LOANS
An Affordable Alternative
Matadors Community Credit Union (MCCU) offers members with Direct Deposit an affordable alternative to Payday Loans – called Advance Pay. With Advance Pay, you’ll save money because you won’t pay any exorbitant finance charges!
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Low, non-refundable $30 application fee
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No finance charges
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Borrow up to $500 (not to exceed the amount of your Direct Deposit)
To qualify for an Advance Pay loan, the following criteria must be verified:
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Must have been a MCCU member for the last six months
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Must have had a Direct Deposit to a MCCU account for the last consecutive 90 days
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Your next scheduled Direct Deposit is no more than 30 days from today’s date
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You have no MCCU accounts or loans in collection
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You have no other outstanding payroll advances with MCCU or another institution
(Note: A negative balance account with MCCU may adversely affect your approval)
Please download and complete the application by clicking APPLY NOW below. Bring your completed application to our Chatsworth branch or fax it to 818.341.5626. If you do not already have Acrobat Reader, it is free to download, and simple to install.
