Get cash, eliminate stress, and save big.
Here at Pelican, we understand things can get tough sometimes and you may need some extra cash to get you to the next pay period. Take the stress out of getting extra cash on pay day—a Bridge Loan from Pelican can help.
Find the option that’s right for you.
Check out these examples and see how our Bridge Loan compares to other loan types.1
| Bridge Loan Example | Traditional Payday Loan Example | ||
|---|---|---|---|
|
Rate:
Loan Amount:
Term:
$392
Short-term fix between paychecks. No credit check required. |
|
Rate:
Loan Amount:
Term:
$402.50
NOT recommended. |
|
| Personal Loan Example4 | Credit Card Example5 | ||
|---|---|---|---|
|
Rate:
Loan Amount:
Term:
$30.61
Better for larger purchases or emergencies. Credit check required and rate will vary. |
|
Rate:
Loan Amount:
Term:
$25
Better for everyday purchases and building credit. Credit check required and rate will vary. |
|
| Bridge Loan Example | |
|
Rate:
Loan Amount:
Term:
Payment: $392
Short-term fix between paychecks. No credit check required. |
|
| Traditional Payday Loan Example | |
|
Rate:
Loan Amount:
Term:
Payment: $402.50
NOT recommended. |
| Personal Loan Example4 | |
|
Rate:
Loan Amount:
Term:
Monthly Payment: $30.61
Better for larger purchases or emergencies. Credit check required and rate will vary. |
|
| Credit Card Example5 | |
|
Rate:
Loan Amount:
Term:
Minimum Monthly Payment: $25
Better for everyday purchases and building credit. Credit check required and rate will vary. |
1Rates shown are Pelican’s lowest available for each loan type and are effective as of 10/20/2021.
2Loan amount shown is the maximum amount offered for a Bridge Loan. Members will be charged $6 for every $50 borrowed, up to the $350 maximum amount.
3Based on national average, according to the Federal Trade Commission.
4Estimated monthly payment may vary if credit protection products are added to loan. Applicant will be charged $5 for any loan application that is denied, withdrawn, or expired. Some restrictions may apply. Contact a Pelican representative or visit pelicanstatecu.com/personal for details.
5Pelican Points Visa credit card has a variable rate. Pelican Points credit card approval is not guaranteed, and we may offer you other card types once you authorize Pelican to check your credit. We have the right to change your rates, fees, and terms at any time, for any reason, in accordance with the card-member agreement and applicable law. There is no guarantee that your credit will improve with a credit card or any other line of credit. Results will vary. Some restrictions may apply. Contact a Pelican representative or visit pelicanstatecu.com/points for details.