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Personal/Loans
Freedom First Credit Union

Payday Relief Loans

Personal/Loans
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Break the Debt Cycle With a Payday Relief Loan


If you have a high-interest loan from a payday lender, title lender, or even a pawn shop — contact Freedom First or visit a branch to find out if you qualify for an affordable loan with regular monthly payments, subject to loan approval.

Don't Fall Deeper into Debt with Hidden Interest Fees

Installment or payday loans can be deceptively expensive. Customers are pushed by predatory lenders to renew their loans over and over again. The practice of payday lending is slowly being regulated out of existence, but it's unclear where people with modest means will find short-term loans instead. That's why we developed our safe, affordable Payday Relief Loans.

(Select Payday Relief Loan in the drop down menu of the Personal Loan application form.)

Every 90 seconds, $67,000 in new payday loan debt is issued in the USA. Roughly 2.5 million American households use payday loans each year. It has grown to a $40+ billion industry.*

Questions? Call our Contact Center (540-389-0244 local / 866-389-0244 toll free) or visit a branch to learn more.


In 2018-2019, Freedom First issued $608,171 in Payday Relief and Flash Cash Loans. This potentially saved members an estimated $241,159 in interest payments compared to traditional payday loans.**

*Source: Pew Research, The Economist
**Based on calculations of a 6-month loan of $300 using the typical Annual Percentage Rate advertised by the largest payday lending chains, or as determined by a state regulator, in 2018 and 2019 in the Commonwealth of Virginia. Source: Center for Responsible Lending
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