The FlexPay Line of Credit allows you to make small, short-term “emergency” loans to yourself, anywhere from $25 to $500, at a fixed rate of 18% APR*. The balance is due in full on your next payday. Whether you choose to take a vacation, upgrade appliances or simply just need the cash, USC Credit Union’s FlexPay line of credit is a flexible solution.
To qualify, you need to have direct deposit set up to a USC Credit Union checking account. When you set up automatic payments, we’ll waive the $50 annual fee.
Apply by login into home banking and clicking on the Loans tab.
*Annual Percentage Rate (APR). The APR is the Credit Union’s Standard Rate as of 12/1/14. The rate is variable and may change. The rate you qualify to receive may vary depending on individual credit history and underwriting factors. All loans are subject to approval. Minimum direct deposit of $100 required. Minimum payment: $25. Balance must be paid in full on next payday. Annual fee of $50 waived with automatic payment. At least one direct deposit must be received before advances are permitted. Membership in USC Credit Union required. Must qualify for USCCU membership and membership fee may apply; please call (877-670-5860) or visit www.USCCreditUnion.org to confirm eligibility. You must be a USCCU member in good standing and your account has been open for at least (90) ninety calendar days. You agree to pay a non-refundable application fee of $10 at the time of your application and to each request of an extension of credit. Maintaining a Trojan Advance Loan concurrently with a Flexpay Line of Credit is prohibited. There is a maximum allowable combination of (3) three Trojan Advance Loans or Flexpay Lines of Credit in a rolling 12-month period. One (1) extension of credit must be repaid in full before another may be taken. Proceeding with your loan request, even if the aforementioned conditions disqualifies your application, will still result in an inquiry on your credit report. All Credit Union loan programs, rates, terms and conditions are subject to change at any time without notice.