| :: Payday Loans |
 Everybody has to STRETCH money sometimes. Unexpected expenses (or opportunities) can leave all of us short on cash. It is easy to turn to a cash advance place; but the actual cost of their loans is very high - up to 900%! KPOCU can offer you a choice with the STRETCH Salary Advance Program*.
STRETCH offers members a payroll advance of up to $500 each pay period with a small application fee and low interest rate of 10% APR*. Members must have an established net check Direct Deposit or Payroll Allotment that exceeds the requested salary advance. You must also have a KPOCU Checking Account in good standing, and establish a "Pay Yourself First" (PYF) Share/Savings Account with a required $25 deposit per payroll.
And that's where we're different. At KPOCU, we're here to help you meet all your financial goals. Once the balance in your PYF share account is high enough, we can establish a share-secured loan with the PYF deposit as collateral.
Come into any KPOCU branch or call us at 865-688-2424 or 800-344-9916 to begin breaking the cycle of payday lenders today.
*APR=Annual Percentage Rate. Other restrictions may apply.
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