MERCO Credit Union Payday Loans Review

4.3 8 reviews

Organization owner?

1911 M St, Merced, CA 95340, USA

+1 (209) 723-4285

www.merco.org

Thursday

9:30AM–5PM

Friday

9:30AM–5PM

Saturday

Closed

Sunday

Closed

Monday

9:30AM–5PM

Tuesday

9:30AM–5PM

Wednesday

9:30AM–5PM

Domain Info

Created Date

Mailing Address

Company Name

Contact Data

What people think about MERCO Credit Union?

Below you see some of the reviews of our clients.

And the people that work there are great.

Prof. Zelda Wiegand II

Great customer service.

Maximillian Cruickshank II

Important

Below you can see general information about payday loans and their common characteristics.

Payday Loans in Merced, California

Payday loans are short-term loans originally invented to tide people over until payday. You can usually borrow from $100 to $1,000.

It is effortless and fast to get approved for payday loans in Merced, California. The interest rate will be set individually for each applicant and will depend on the personal information the applicant entered.

APR

460%* (369% on the average in 2019)

Max Loan

$300

Min Term

Not Specified

Max Term

31 days

Why people take out payday loans?

70%

Car expenses

50%

Treatment

40%

Vacation

30%

Clothes

30%

Home improvement

Payday loans for bad credit

A low credit rating doesn't have to stop you from applying for payday loans. They are one of the few unsecured loan products available to clients with a bad credit rating. Payday loan approvals depend very much on other factors. Payday companies will check your income and subtract all your expenses. Typically, your score won’t be damaged by a payday loan, as long as you repay it in full and as agreed in the contract.

To get approved for a loan, you must meet 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.

Rate Your Credit Score

Low

Low Rate

300

Lower than Average

579

No ability to get a loan
No ability to rent a room

Average

Average Rate

670

High Rate

739

80% of loan approval
Apply for all loan types

Perfect

Great Score

740

Perfect Score

799

95% of loan approval
Apply for all loans including mortgage

Rate your APR

If you want to find out the real annual percentage rate of the loan before applying, you can use the online calculator. It will help you determine the exact cost of the cash advance loan in a few minutes.

APR Calculator

Other Payday Lenders in Merced, California

Travis Credit Union

11 Cernon St, Vacaville, CA 95688, USA

+1 (707) 449-4000

www.traviscu.org