Installment
Loans1

Get a fast low cost federal employee personal loan with our installment loan program. Repay over 6 to 36 months. Please note a 4% origination fee will be charged with each installment loan1.

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Short-Term
Loans

Receive quick cash with our short term loans. Our loans can be created for your unique needs. Low cost loans quickly.

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PayDay Loan
Alternative

Have an unexpected expense? Get a low cost, fast personal loan instead of a high cost payday loan. Almost everyone qualifies!

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Emergency
Loans2

Our federal employee loan is a lifesaver! Get a one-time loan of up to $500 for a maximum initial fee of only $30*, repaid over 5 months.

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How It works

We offer a totally new way of borrowing . The loan application process is a three step process.

Step One:

Go online to www.workplacecredit.com and create a login for yourself after inputting the necessary information details ( full name, phone number, email address etc).

Please note that if you are a USPS employee or a public sector employee, no employer code is necessary to create a login.

Step Two:

Indicate the loan preference of your choice after login. Our proprietary affordability model is designed to help you borrow only the amount you can pay back.

You will receive an email regarding your potential approval for the loan program shortly after once you have completed the application process.

Step: Three

Please note that you will need to have a valid U.S. bank account to receive funds upon loan request approval.

Upon completion of the loan agreement, the funds will be deposited in your bank account within 1-2 business days.

Please note that in case of any concern or questions you can reach out to WorkPlaceCredit via email or phone anytime during the application process. Click here to reach us via email.

Emergency Loans

When a financial emergency occurs, it may sometimes be necessary to reach out for help from a lender.

An emergency loan is a loan that is given to cover the costs of things like:

  • Healthcare Bills
  • Automobile Repairs
  • Home Repairs
  • Unexpected Childcare Costs
  • Funerals

According to the Board of Governors of the Federal Reserve System, 40% of Americans are unable to pay for just a $400 emergency.

Fast Emergency Loans

When a financial disaster strikes, emergency loans can be very helpful to help you get through things without sacrificing elsewhere.

There are a few different types of emergency loans available to those in need of fast cash.

The best type of loan in a financial emergency is a personal loan – especially if you have a good credit history and score.

Lower Risk Installment Loans

When compared to other types of emergency loans, such as a home equity line of credit, credit card cash advances, payday loans, pawn shop loans, or title loans, personal loans carry the lowest risk of losing assets or paying back much more than you borrow due to exorbitant interest rates.

The only other alternative that may have less of a risk is borrowing from family or friends.

Even if your credit is less than average, you may still qualify for a personal loan.

They typically have lower interest rates than credit cards, and carry more reasonable terms, fees and conditions.

Fast Emergency Loans with Bad Credit

These loans are often installment loans. In short, an installment loan is borrowing a lump sum of money which is paid repaid over a fixed number of payments.

Installment loans typically combine the principal loan amount with a fixed interest rate.

These loan payments are usually due monthly and may require collateral of some sort.

Borrow What You Need

In addition, it is not a requirement to borrow a huge amount of money.

When taking out an emergency loan, you should never borrow more than you need to get yourself through the financial emergency.

For instance, if you have an automobile issue which will cost $800 to repair, you can take out an emergency personal loan for only $800.

While it may be tempting to borrow, say $1500 in this example, it is advised not to do so.

It is also important to “shop around” for the best loan with the best terms for your individual situation.

As you narrow down your best choices, take a look at customer reviews for those lenders.

This can give you insight into things like how fast the funds were distributed, how prompt and courteous their customer service is, and how good or bad the overall experience might be with that company.

How to Get Fast Emergency Loans

Apply Online

Most emergency loans are needed very quickly, so you should apply for your emergency loan online. If you apply by mail, you will be adding days to your funding distribution.

Also, make sure to steer clear of unethical, predatory emergency lenders.

These lenders will charge very high interest rates and fees, and will have terms that are very unfavorable for the borrower.

Instead, look for lenders like WorkplaceCredit®. We provide fast and affordable loans where almost everyone qualifies, regardless of credit history.

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  1. Here is an example of the specific rates and fees that would apply to your loan with WorkPlaceCredit®: If you are requesting a loan of $3000, an origination fee of $120 (4%) will be added to your loan amount. The total amount of your loan would be $3120 which is financed at an interest rate of 20.99% and 25.18% APR. Should your chosen time frame for repayment be two years, your payments of $73.71 would be scheduled over 52 bi-weekly installments over the next 2 years.
  2. A $500 Emergency loan of $500 at 22.55% APR, you will make 11 bi-weekly payments over 5 months of $48.18. Your actual payment will vary based on the payment frequency and term of your loan offer.

Payroll deduction is not a condition for approving the loan.

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