Emergency Loans for Bad Credit

Payday loans are a type of short-term credit in which a borrower gets a direct deposit into their bank account after a simple application process. They are also known as "cash advances". Applying is entirely confidential, and the money can be used to meet virtually any financial need.

Payday loans are an optimal solution for people with bad credit undergoing tough financial times. For emergency payday loans bad credit doesn't matter. Our credit union gives money to those who need it, even if you have not been successful in previous loans.We understand that money can be urgently needed at any time, no matter what your credit score is.

Bad credit loans are quick, reliable, and easy to apply for. They come without complicated formalities. Traditional loan providers still rely heavily on your credit history. Direct lenders that offer payday loans only perform soft credit checks. That allows them to review your application much faster. An added benefit is that applying for a payday advance doesn't impact your credit score in any way.

A borrower that qualifies for a cash advance may receive their money the next business day or even the same day. The timing is essential since most customers taking a payday loan need cash urgently. Depending on the state, the maximum amounts can be as high as $1,000 or as low as $250. The interest rate and APR are also subject to state laws.

Payday loans are officially banned in the state of New York. However, our credit union has established strong partnerships with trusted partners. They provide payday loans in other states within the legal frameworks of local regulations. Rest assured, we handpick all our partners by the highest standards. Their reliability is an indicator of our spotless reputation.

Should you need money urgently, feel free to look up our list of partners. We keep the information updated for your convenience. Alternatively, consider one of the loan products we provide for our members. Personal assistance from the Long Island State Employees Federal Credit Union is possible upon request.

Current Rates

Vehicle (New) 2.99%
Vehicle (Used) 3.49%
Personal (Fixed Rate) 9.99%
Home Equity - Variable **Prime floor%

*As low as...based on credit score.
**Prime Floor 4.50%
Click here for more info...


NY State Office Building
250 Veterans Memorial Hwy.
Suite 5A9
Hauppauge, NY 11788

631-291-9160 - Telephone
631-360-3620 - Fax
877-LISEFCU - Toll Free
631-952-6286 - Automated (24/7)

Member Links


Credit Union Shared Service Centers