Schools Federal Credit Union | Don't Get Snagged

Don’t Get Snagged By PayDay Loans

Rates As High As 782%APR

Strapped for cash? Don’t go to a payday lender — their outrageous fees and addiction to loan “rollovers” can drive you deep into a sea of never-ending debt!

The REAL Cost Of Payday Loans:

	Amount Borrowed	Fee/Finance Charge	Repayment Amount	14-Day APR1
AAAPaydayCash	$300	$75	$375	652%
Advance America	$255	$45	$300	460%
Check ’n Go	$100	$15	$155	391%
TenDollarPaydayLoan	$300	$90	$390	782%

When you need cash quickly, talk to us. We have personal loans as low as 11.9% APR,2 and you can apply and get a quick answer 24 hours a day.

Apply Now

1Annual Percentage Rates gathered from payday lenders’ web sites 3/11/08 and subject to change.
2Annual Percentage Rate effective 3/10/08 and subject to change. Your rate may vary based on your credit score, credit history and Relationship Rewards level.

If you receive suspicious e-mails from entities claiming to be Schools Federal Credit Union, delete the e-mails immediately and report them to us at 866/ 459-2345. We do not solicit personal or private information about members via e-mail.

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