Wherever Life Takes You, We're Here to Help

Your money, your way.  Extra Credit at Work offers quick and easy access to cash for use however you want. Because this loan is offered as an employee benefit, your employer will automatically deduct your payment from your paycheck for convenient, out-of-sight, out-of-mind processing each month.

 

  No credit check required

  Payday loan alternative

  $500 - $5,000 loans available

  Convenient repayment through your employer's payroll deduction

Avoid the outrageous rates of payday lenders 

Do you have too much month and not enough money? We've done our homework with our Extra Credit at Work loan. Avoid the outrageous rates of payday lenders and save money by getting the extra credit you've worked so hard to earn.  Offering loans from $500 to $5,000*, Extra Credit at Work is designed to help you make it to your next payday, help you with an unexpected emergency, refinance your higher interest debt, or whatever you need it for!  We understand that everyone needs help sometimes, and we're here to lend a hand.

To qualify for an Extra Credit at Work loan you must:

1. Be an employee with a participating employer for at least 6 months.**

2. Be 18 years old or older.

It's that simple!

 

How it works

No need to visit a financial center location to apply. Simply complete our easy 3-step online application. Once you apply, we will verify that you qualify based on the criteria above. An account specialist will then determine your available loan amount based on your monthly salary and connect with you within 48 business hours after application to complete your loan. Monthly payment amounts are based on loan amount, term, and first payment due date.  

The available tiers are:

Loan Amount Minimum 
Monthly Income
Term Approximate 
Monthly Payment+
$  500.00 Under $,1000 6 months $87.61
$1,000.00 $1,000 12 months $89.82
$2,000.00 $1,500 24 months $96.89
$3,000.00 $2,000 36 months $103.46
$4,000.00 $2,500 36 months $137.94
$5,000.00 $3,000 36 months $170.32

 

 

Once your loan documents have been digitally signed, your account specialist will disburse proceeds from your loan to your Envision Credit Union savings account, which you can then access from online banking, debit card, in-person at a financial center, etc. 

A $20 origination fee will be applied from the loan proceeds.  Non-members will be required to become members of Envision Credit Union prior to loan closing. A $5 membership fee will be added to the balance of the loan. The $5 will be deposited into the savings account that will be created in order to fund a new membership with the credit union.

 

Get Started Today!

Applying is easy. Just click the Apply Now button to fill out our short application and an account specialist will contact you within 48 business hours to complete your loan.

 

 

 

*Extra Credit at Work loans have a max loan amount of $5,000 and a max term of 36 months with an interest rate of 14% for qualified applicants. Loan amount will be based on income of applicant. Payments will be made automatically through applicant's payroll with participating employer. A $20 origination fee will be included as part of the loan and is non-refundable. Applicants must be a least 18 years old, be employed with a participating employer for at least 6 months, and have no charge-offs with Envision CU due to fraudulent activity.  Non-members will be required to become members prior to loan closing. A $5 membership fee will be added to the balance of the loan to fund the new membership account.

 

**Substitute, teacher-aide, and other zero-hour employees may be exempt from qualification. Such roles are subject to Credit Union discretion.

 

 

+Monthly payments displayed are only an approximation and actual monthly payments will vary based on loan amount, term, and first payment due date.