Loan amounts from $300 to $1,500*
Small Dollar Loan
Unexpected expenses can happen when you least expect them. Navigator Credit Union’s Small Dollar Loan provides an affordable payday loan alternative with no credit check, fast approval, and predictable monthly payments. Get access to the funds you need while staying on a clear repayment path.
Features include:
Terms from 6 to 12 months*
No credit check
A small loan for urgent expenses
Fast Process
Application, approval, and funding can happen in just minutes, so you can address a time-sensitive expense without a long wait.
No Payment for 30 Days
Your first payment is not due for 30 days, giving you time to handle the expense before repayment begins.
Credit-Building Potential
Payment history is reported to credit bureaus, which may support your credit over time when payments are made responsibly.
Small dollar loans
A short-term cash need can make it harder to stay on track. Navigator’s Small Dollar Loan gives members another option with a fixed 25% APR* and no credit check.
Compared to many payday lenders, this affordable small loan offers a clearer repayment path, a $20 application fee, and no prepayment penalties.
Membership comes with more
A Small Dollar Loan is one way Navigator supports members, but membership gives you access to more resources over time. Members can take advantage of financial education, budgeting tools, and other loan and savings options as their needs change.
If you’re not already a member, visit a branch to learn more about membership and Small Dollar Loan eligibility.
Small dollar loan FAQs
A Small Dollar Loan is a payday loan alternative from Navigator Credit Union with a fixed 25% APR*, no credit check, and a set payoff timeline. Unlike many payday loans, this quick cash loan option gives you more time to repay without extremely high rates or short repayment deadlines.
A Small Dollar Loan may be an option when you need to cover a smaller expense and do not have enough savings available. It is designed for temporary cash needs that can be repaid over several months.
Unlike a credit card, a Small Dollar Loan has a fixed interest rate, a set repayment term, and a monthly payment amount. That means you know when the loan is scheduled to be paid off.
Payments on your Small Dollar Loan are reported to credit bureaus. On-time payments may support a positive credit history, but credit report changes depend on payment history, and not all Small Dollar Loans will boost credit scores.
You can use a Small Dollar Loan for many smaller expenses, such as a car repair, medical bill, utility payment, emergency travel, or another immediate financial need.
Explore more loan options
Personal loans
Our personal loans offer competitive rates and flexible terms for debt consolidation, home improvements, major purchases, or unexpected bills.
Financial counseling
Work with our team to build habits that help you reach your financial goals. Let’s navigate forward together.
Financial calculators
Let us do the math for you! Explore our wide range of financial calculators so you can get the full picture.
Have questions? We're here to help.
Small Dollar Loans can only be opened in a branch location.