Payday Alternative Loans

Have you ever thought one more paycheck would make all the difference?
Here at GHS we are introducing a new option to help you make ends meet.

We are now offering an alternative to high-cost payday loans, the National Credit Union Administration (NCUA) allows us under its regulation to offer small-dollar loans called payday alternative loans (PALs).​

​PALs include specific consumer protection features:

  • Loan amounts between $200 to $1,000
  • The borrower must be a member of the federal credit union for at least 30 days
  • The term of the loan must range from 1 to 6 months
  • An application fee of $20
  • The PAL cannot be rolled over