MIT Federal Credit Union Payday Loans Review - Cambridge, Massachusetts

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3.1 18 reviews

NE48, 700, 3557, Technology Square, Cambridge, MA 02139, USA
+1 (617) 253-2845
www.mitfcu.org
Thursday
8:30AM–4:30PM
Friday
8:30AM–4:30PM
Saturday
Closed
Sunday
Closed
Monday
(Patriots' Day)
8:30AM–4:30PM
Hours might differ
Tuesday
8:30AM–4:30PM
Wednesday
8:30AM–4:30PM
Testimonials

What people think about MIT Federal Credit Union?

Below you get acquainted with some of the reviews of our clients.
Note

Important

The above-given information provides the details about a precise lender. The information below is about general information about payday loans.

Payday Loans in Cambridge, New York

A payday loan is a short-term, small loan ($100 - $1,000) that you repay once you receive your next paycheck, typically two to four weeks.

Online cash advance loans can be the right solution to your temporary financial issues in Cambridge , New York because they are easily approved and easily paid off. Your interest rate will depend on your state law or on the payday lender's policy.

APR

25% small loan cap

Advantages of MIT Federal Credit Union that offers payday loans in Cambridge, New York

  • Apply around the clock. You can use the online service at any time of the day and night. The necessary money will be transfered to your bank account as soon as possible. You won't be asked to come to the lender’s office.
  • Only a few documents are required. Such loans are very easy to access. You an ID and proof of income. Wages and tax statement are not required.
  • Online process. You can finalize the application from the comfort of your home. If approved, the money will be transferred to your bank account the same day or the next day.
  • Loan rejection is almost excluded. 94% of applicants are accepted for a maximum loan amount.
  • Bad credit is accepted. Not all people are able to get a bank loan due to bad credit. Previous delays in loan repayment won't prevent you from getting accepted for a cash advance.
Fill out an application

Information needed to complete a loan application

You will be required to enter the following data:
Loan Amount, Loan Purpose, Email Address
First Name, Last Name, Date Of Birth, Primary Phone Number, Driver's License Number, Your SSN
Zip Code, Street Address
How often do you get paid?, Next Paydate, Type of Account, How do you get paid?
Your Income Source, Are you in the military?, Your Employer Name, Your Monthly Net Income, Your Employer Phone Number
If you have $10,000+ in unsecured debt and would like one of our partners to contact you?, What`s your approximate credit rating?
Select your Bank, Select your Bank’s State, ABA/Routing Number, Account Number

Then submit an application and wait for approval.

Common reasons

Why people apply for payday loans?

Car expenses

2%
Treatment

1%
Vacation

1%
Clothes

1%
Home improvement

1%
Debt Consolidation

1%
Bad Credit Approved

Payday loans for bad credit

Bad credit score can often be an obstacle to taking out a bank loan. A payday loan can help individuals who have bad credit scores or have no credit history. But we remind you that as with any debt you should only dare applying for a cash advance if you are certain that you can afford payments on scheduled.

To get approved for a payday loan, you must comply with the following requirements:

  • be 18 years old or older;
  • be a U.S. citizen or permanent resident;
  • be employed and have a steady income;
  • have a valid checking account in your name;
  • have an email address and phone number.
~ Credit score ~

Rate Your Credit Score

Low
300 – 579 points
  • No ability to get a loan
  • No ability to rent a room
Average
670 – 739 points
  • 80% of loan approval
  • Apply for all loan types
Perfect
740 – 799 points
  • 95% of loan approval
  • Apply for all loans including mortgage
Rate your APR

APR Calculator

Learn the annual percentage rate right now. Use this online calculator to specify the exact cost of your loan. It only takes 10 seconds to become informative even before applying.

Let's see

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