With a PayDay Cash Loan, you have access to a revolving line of credit with a repayment period of 30 days and a draw period of one year. BayPort offers PayDay Cash 250 Loan and PayDay Cash 500 Loan, for $250 and $500, both featuring low interest rates. It's a better way to borrow.
- Account must be in good standing
- Account must have been open for 90+ days
- 18% APR applies to all advances
Direct deposit required
- Must provide proof of income
- Must be employed for 6 months by same employer
- $35 annual participation fee applies to the PayDay Cash 250 Loan; $70 annual fee applies to the PayDay Cash 500 Loan
BayPort's PayDay Cash Loans act as a revolving line of credit that allows you to take cash advances for one year. Both the principal and interest on the loan balance are due within 30 days. Visit your nearby BayPort Credit Union branch to take advantage of these payday loan options. We are committed to providing valuable information and loan options to our members in the Tidewater and Hampton Roads, Virginia, area.