Skip to content

Fast cash — fair rates. When your paycheck can’t stretch far enough, you can count on Maroon Financial.

Key Features

  • Competitive Rates
  • Convenient Terms
  • Quick Decisions
  • Local Processing
  • Relationship-based, not credit-based, personal loan
  • Borrow $500* with a flat $75 origination fee or $1,000** with a flat $125 origination fee
  • Affordable alternative to payday loans
  • 6-month repayment term
  • Local decision-making and processing
  • Attentive, friendly service from start to finish
  • Apply in branch or Online
  • Most Recent Paystub is required if employment income is being used.


  • Must be a Maroon Financial member for at least 90 days.
  • If qualifying with employment income applicant must have been employed with current employer(s) for at least six months.
  • Must maintain regular deposits with MFCU of at least $200 a month for the past 90 days.
  • Cannot currently be in bankruptcy.
  • Must have gross monthly income of at least $800 biweekly or $1,733 monthly from a stable income source.
  • Must been in good standing with the MFCU.
  • If you’ve never had a PAL with Maroon Financial you are only eligible for the $500 PAL and will not be eligible to refinance. You will not be eligible for your next PAL for six months.
  • You must wait at least 90 days before refinancing your PAL and you must have made a minimum number of payments.

*Annual Percentage Rate (APR) = 49.772%

**Annual Percentage Rate (APR) = 41.672%

Serving the University of Chicago community since 1957