Skip to main content
  • MyICCU

Payday Loans

Pay a lower interest rate than regular payday loans

ICCU’s Payday Alternative Loan is a line of credit designed to help when unexpected expenses arise. Use it for emergencies, expenses, or bills.


  • Members with direct deposit of their full paycheck can have access to an unsecured line of credit up to $1,000
  • Minimum loan amount $300
  • Minimum monthly payment $50
  • Quick decisioning & funding
  • Reestablish credit history
  • Financial counseling available

Apply Today  View Payday Loan Rates

If a maximum limit of $1,000.00 was reached, the minimum monthly payment is $50.00 with a corresponding APR of 24.99%. There is an initial $25.00 Set-up service charge at the time the credit line established. When the borrower uses the line of credit, there is a one-time per month Advance service charge of $25.00 each month the borrower takes an advance.

* Illinois Community Credit Union membership required. Direct Deposit must be set up to deposit your full check to ICCU prior to funding. Direct Deposit must remain active or credit line will be closed. $25.00 late-payment service charge if applicable. $35.00 returned item service charge. Some restrictions may apply. Contact the Credit Union for full details.