Ready Now Loan Review: No Credit Check, Fast Approval and Up to $2,000

The Ready Now Loan from Financial Plus Credit Union is designed for those times when you need cash quickly. It allows you to borrow up to $2,000 with no hard credit check, putting funds in your account instantly after approval. The key requirements are that you must be a member and have at least three months of $500 average direct deposit. There is a $25 processing fee added to the loan amount. Specific rates and terms aren’t published, but approval is mainly based on your account activity and standing, not your credit score.

How to Apply for the Ready Now Loan

The application process is straightforward and fully online. First, log in to your digital banking account. Next, select the “Buy Now, Pay Later + Ready Now” option from the menu. Finally, follow the prompts, complete your application, and the funds will be deposited into your account immediately if approved.

Pros of the Ready Now Loan

A major advantage is that there’s no credit check, making it an excellent option for those with less-than-ideal credit. Additionally, instant approval and funding, available 24/7, ensure you have access to emergency cash exactly when you need it. The application is fully digital, so you don’t need to go to a branch or fax documents.

Cons of the Ready Now Loan

On the downside, the maximum loan amount is capped at $2,000, which may not be enough for larger expenses. Also, the $25 processing fee is included, regardless of amount borrowed. If you’re not already a Financial Plus Credit Union member, you’ll need to apply for membership first, which could slow access a bit.

Verdict

Overall, the Ready Now Loan is a smart solution for quick, small-dollar needs, especially for individuals who prioritize ease and speed over borrowing larger sums. Its no credit check appeal is genuinely helpful, although the membership and account criteria make it most useful for existing customers.