Fibre Federal Credit Union
Get $200-$2,000 instantly with 25% APR, no credit check required, and funds deposited in minutes. Qualify after 3 months of membership. Easy online process.
Flash Cash from Fibre Federal Credit Union is designed for those who need fast access to short-term funds without the hurdles of a traditional loan. Borrowers can request between $200 and $2,000, depending on their standing with the credit union, not their credit score.
The annual percentage rate is 25%, and the loan term is based on the amount borrowed, paid back over a period such as 12 months. Applications are available 24/7 online, with approval notifications given almost instantly. There is a $20 application fee, and once approved, the funds are deposited into your account right away.
How to Apply for Flash Cash
1. Log in to Fibre Federal Credit Union’s online or mobile banking platform.
2. Go to the ‘Apply & Add’ section and select ‘Flash Cash.’
3. Follow the simple prompts to submit your application.
4. You will receive an instant decision on your approval.
5. Upon approval, funds are deposited directly into your account within minutes.
Pros of Flash Cash
One major benefit is that no credit check is required, so your application isn’t affected by your credit score. This makes it ideal for those building or rebuilding credit.
Another advantage is the extremely fast application and funding process. Funds are often available within moments of approval, which is perfect for emergencies.
Cons of Flash Cash
The 25% APR is significantly higher than traditional personal loans, so costs add up if you need more time to repay.
There’s also a $20 application fee for each loan, which may not suit very small borrowings or repeated use.
Our Verdict
Flash Cash is a practical solution for short-term cash needs, especially for members who may not qualify for traditional credit. Its instant approval and funding are big pluses, but the steep APR and fee mean it’s best used sparingly and for true financial emergencies only.
