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

Rate:
No rate, flat fee only2

Loan Amount:
$350

Term:
14 days (average pay schedule)

Payment:
$392

 

Short-term fix between paychecks. No credit check required.


Learn More About Bridge Loan Benefits


Rate as low as:
10.25%

Loan Amount:
$500

Term:
Revolving

Min. Monthly Payment:
$25

 
Better for everyday purchases and building credit. Credit check required and rate will vary.




Traditional Payday Loan

Rate:
391%4

Loan Amount:
$350

Term:
14 days (average pay schedule)

 Payment:
$402.50

 

NOT recommended.



Rate as low as:
8.99%

Loan Amount:
$350

Term:
12 months

Monthly Payment:
$30.61
 

Better for larger purchases or emergencies. Credit check required and rate will vary.







































Our Bridge Loan can help you bridge the gap between each paycheck and allows you to avoid high payday loan fees.
 

Get approved for a Bridge Loan between $100 and $350, not to exceed 75% of your paycheck. Terms range from 7 to 45 days, depending on your payroll schedule.

Requirements:

Proof of employment for at least the last 6 months
A recurring direct deposit with Pelican State Credit Union
Membership with Pelican State Credit Union

Not a member? Click here to join.

Already a member? Fill out the form below to get started.



 
  • Lower fees compared to typical payday Loans
  • No collateral needed
  • No pre-payment fees
  • Loans from $100 up to $350
  • Tailored loans to fit your needs
  • An open line of credit, no additional paperwork each time you borrow
  • FREE credit counseling and assistance

Get approved for a Bridge Loan between $100 and $350, not to exceed 75% of your paycheck. Terms range from 7 to 45 days, depending on your payroll schedule.

Requirements:

  • Proof of employment for at least the last 6 months
  • A recurring direct deposit with Pelican State Credit Union
  • Membership with Pelican State Credit Union

Our team of Nationally Certified Credit Counselors regularly conduct one-on-one credit counseling sessions for those looking to take control of their financial health, or those looking to be equipped with extra tools to make sound financial decisions. This is a completely FREE service for all Pelican members. 

Click here to find out more!















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.
3Pelican 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.
4Based on national average, according to the Federal Trade Commission.
5Estimated 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.