MIT Federal Credit Union - Student Center Branch Payday Loans Review - Cambridge, Massachusetts

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3.4 10 reviews

Stratton Student Center, 84 Massachusetts Ave #116, Cambridge, MA 02139, USA
+1 (855) 648-2848
www.mitfcu.org
Friday
9AM–5PM
Saturday
Closed
Sunday
(Easter)
Closed
Monday
9AM–5PM
Tuesday
9AM–5PM
Wednesday
9AM–5PM
Thursday
9AM–5PM
Testimonials

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Here you read the reviews of our clients.
Note

Pay Attention

The first three points specify the certain lending company. In other turn, below-specified info makes users get acquainted general information about payday loans.

Payday Loans in Cambridge, New York

According to the definiftion, a payday loan is a loan taken out for a short term: 2-3 weeks. A small amount is issued: $100-$1,000.

Such financial products as payday loan in Cambridge, New York is issued simply and fast for a short time span: 2-3 weeks. The interest rates are set on an individual basis depending on the personal data: the more loans you pay back off, the more reasonable rates a borrower will recieve.

APR

25% small loan cap

How will MIT Federal Credit Union - Student Center Branch help issue a loan in Cambridge, New York?

  • 24/7 operation. Such Internet services allow you to credit funds at any time. Funds are taken out day and night. The payday loan will be sent to a credit card, so a personal visit to the store is not necessary.
  • No paperwork. The list of required papers is minimal. In most cases, an ID is sufficient. You do not need to provide a certificate of income.
  • Online application. The application is filled out and processed much faster than in banks. Money is credited within 24 hours after receiving approval.
  • High approval rate. When it relates to small amounts, a positive answer comes up 98%.
  • Availability. Banks offer more stringent requirements on their clients. Age limits and bad credit will become barriers to taking out a loan. Lenders are more loyal to customers. The presence of minor delays and a low score does not guarantee denial.
Fill in an application

What data to fill in in the application? - General Info

To leave an application, every customer should 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 you have to press a Submit button and get a decision.

Reasons

Why people take out payday loans?

Utility Bills

Healthcare Bills

Traveling

Car Repair

Clothes

Bad Credit Approved

Payday loans for bad credit

Bad credit history if one of reasons to reject the loan. Microfinance organizations do not consider this factor the only one to take out a loan in Cambridge, New York. They assess many other factors before issuing a payday loan. One of them is payment abilities. This is a way to improve your credit rating.

The following common points will be assessed before applying for a payday loan:

  • be at least 18 years old;
  • be a U.S. citizen;
  • be employed and have a reliable source of income;
  • have a checking account;
  • have a valid email address and phone number.
~ Credit score ~

Rate Your Credit Score

Low
300 – 579 points
  • No way to issue 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 incl. mortgage
Rate your APR

APR Calculator

This calculator is intended to calculating the APR. This is a definite cost of the loan.

Let's see

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