- Active full-time Virginia state employee
- Employed with the Commonwealth for at least 12 months.
- Member in good standing with the Virginia Credit Union (or will become a member) with a savings or checking account
- Paid on a monthly or semi-monthly basis (i.e. 1st & 16th or monthly)
- Employee having access to personal or professional email account is strongly encouraged
- Employee must complete a Balance Track Financial Fitness course with at least 8 correct answers out of 10
- Employees of Independent Agencies are not eligible at this time.
- Those who already received loan funds will have to wait one full business day after final repayment to apply for another loan
Additional details of loan repayment terms will be listed on employee's approved credit agreement and direct deposit form.
Loan Amount |
Total Monthly Payment |
| $100 | $20 |
| $200 | $38 |
| $300 | $56 |
| $400 | $74 |
| $500 | $92 |
24.99% Annual Percentage Rate - Approximate term is 6 months. For more information about calculation of terms, go to the FAQ section. |
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