Rapid Loan

Unexpected expenses hitting you hard this month?

Get the money you need quick with no credit check to apply.

Whether you need extra cash for groceries, a car repair or anything in between, a Rapid Loan can help! Because the unexpected never happens at a convenient time, we've got your back with funds deposited directly into your account when you need it. 


How do I apply?

You will need a Digital Banking account to apply for a Rapid Loan. If you do not have one already, you can register for one by clicking "Login" in the website navigation and then "Register."

To apply, log in to Digital Banking, click on "Accounts," and then "Rapid Loan."


Who qualifies for a Rapid Loan?

While credit checks are not performed when applying for a Rapid Loan, the evaluation process centers on your relationship with Southland Credit Union. Key factors utilized to determine your eligibility include:

  • Must be a Southland Member for a minimum of 6 months
  • Must have direct deposit
  • No history of bankruptcy
  • No current delinquencies or negative account balances
  • Applicants must be 18 years or older
  • Business accounts are not eligible
  • Other lending criteria may apply

Rates Effective 04/29/2024

  • Rapid Loan
    21.0% Rate
    6 Months Minimum Term
    24 Months Maximum Term
    $200 Minimum Loan Amount
    $3,000 Maximum Loan Amount
    $20 Origination Fee
The Interest Rate and Annual Percentage Rate (APR) is effective as of 4-29-2024 and is based on eligibility and underwriting factors. Both the Interest Rate and APR is a fixed rate for the duration of the loan. Monthly payment per $1,000 for 12 months at 21.00% is $93.14. This payment example is for illustration purposes only. Your actual payment may vary. The minimum loan amount is $200, and the maximum loan amount is $3,000. A $20 origination fee will be deducted from the loan proceeds. Loans are available to Members who meet certain eligibility requirements, who have been with the credit union a minimum of 6 months and are considered a Member in good standing. Application available through online or mobile banking. No minimum credit score required.