What are the qualifications for a Payday Alternative Loan (PAL)?
To qualify for a PAL, you must:
- Be a Veridian member in good standing.
- Directly deposit your paycheck into a Veridian account.
- Provide proof of income, such as a pay stub or account statement.
- Have not taken out a PAL in the last six months.
A $25 application fee is included in repayment, and payments on the loan must be made every payday. Other qualifications may apply.
All information provided through this site is intended to be accurate. However, there may be inaccuracies from time to time which we will make every attempt to correct immediately.