If you are an employee, you may want to consider an alternative to payday loans. Workplacecredit offers fast, affordable loans that are available to almost anyone. It also provides credit counseling, so you can improve your financial health.
Workplacecredit is a non-profit service provider that combines credit-building education with one-on-one counseling. This helps you build a strong financial foundation, so you will be prepared to handle any emergencies. You can apply online, and if approved, you will receive funds in 24 business hours.
Workplacecredit is compliant with the Equal Credit Opportunity Act, the Federal lending requirements, and the Patriot Act. The company also offers credit report reviews. Their loan program has an exclusive affordability model that ensures you borrow only what you can afford to pay back. In addition to helping you build a strong financial future, the program also provides debt elimination strategies and a financial wellness platform that is designed in partnership with KOFE.
Workplacecredit provides loans with competitive rates and an affordable origination fee. Getting a loan through your employer can be a great way to boost morale and productivity, and can help you manage cash flow when you need it most.
Employer-sponsored small-dollar loans are an important source of credit for employees who are credit invisible, or who have low or no credit histories. These loans are particularly helpful when your income is reduced by a major cash flow crisis. They can also be a good alternative to risky workplace credit products.
As an alternative to payday loans, Workplacecredit offers a number of other types of loans. The company offers a variety of long-term installment loans that provide you with the money you need when you need it. There are no limits to the amount you can borrow, and the term can range from three to five years. During the application process, you can contact your lender to discuss your needs. After you have received the loan, you will have two to four business days to make your repayments. Depending on your employer, you may be able to receive your money in your paycheck. Moreover, your employer will report the payments made on your behalf to the credit bureaus, so you can help to build your credit history.
