Instant Cash

Instant Cash

Get Cash Instantly!

Unexpected expenses can happen to anyone. If you're in need of a short term loan, GTE is here to help you avoid predatory lenders. We now offer a fair and financially responsible way to borrow smaller amounts of money with short payback periods. This loan is only available to GTE members and is designed to protect you from high interest rates.

GTE Instant Cash

Your cash will be deposited into your checking account within minutes upon approval

Our rates are exponentially lower than alternative lenders

Receive fast loan approvals and decisioning

Your credit score won’t be pulled

Application fee is just $20**

Borrow up to $2,000 for up to 12 months*

How to Qualify

Before applying, GTE encourages members to ensure you meet the following requirements.

  • Must be a GTE member for at least 90 days 
  • Must have a GTE checking account 
  • Must be 18 or older 
  • Must have recurring direct deposit from an employer or social security (not PayPal/Venmo/Zelle, etc.) 
  • Must be primary account holder 
  • No previously charged off shares or loan accounts 
  • No loans over 30 days past due 
  • Max one GTE Instant Cash loan at a time 
  • Less than 5 Nonsufficient Funds (NSF) fees in the past 12 months 

*All loan applications are subject to review of eligibility and approval. The Annual Percentage Rate (APR) is accurate as of 2/1/2022. The APR for the GTE Instant Cash loan is a fixed rate for the duration of the loan. The APR will be 28.00% APR. For example, a GTE Instant Cash loan for $1,000 with a 12-month term (1 year) at 28.00% APR will have a monthly payment of $96.51. Other terms, payments, and loan amounts are available. The minimum loan amount is $200, and the maximum loan amount is $2,000. If your payment is 11 or more days late, there is a Late Payment Fee of 5% of the payment due. Loans are available to members who meet certain eligibility requirements, who have been with the credit union a minimum of 90 days and are considered a member in good standing. GTE Instant Cash loan is not available in Community Financial Centers; it is only available through online or mobile banking.​ No minimum credit score required.

**A $20 Non-Refundable Fee will be assessed even if the loan is denied. Please verify your account balance in GTE Online or Mobile banking to ensure you have enough funds to cover the $20 non-refundable application fee.  In addition, you acknowledge that if the deposit account from which you have authorized GTE to debit the $20 Non-Refundable Application Fee contains insufficient funds to pay the fee, the debit may cause that account to be overdrawn or increase the amount by which is it overdrawn. Please view the terms of your GTE Account Disclosure.