The Smart Alternative to Payday loans
IC is now offering Smart Choice Loan or Line, the alternative to payday lenders. Unlike payday loans, IC’s smart choice loan offers a 90 day repayment term with lower fees and interest rates. Best of all, IC’s Smart Choice loan has a built in savings features. Upon Member approval, IC will approve an additional 10% of their loan amount and deposit it into the Member’s savings account. This smart alternative to payday lending helps you save more of your hard earned money and even start saving for the future.
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Smart Choice Loan* 90 day 14.50% Minimum loan $100 Maximum loan $1000 Smart Choice Line** Provides Overdraft Protection Minimum line $100 Maximum line $5000 14.50% APR Attaches to fee free checking |
*A $25.00 application fee will be applicable
**$25.00 annual fee will be applicable
