e-cash Enables You to Get an Instant Loan when You Need Cash Fast
Life can be surprising, and when something unexpected requires cash in a hurry, we have you covered. e-cash
is a safe way to get instant loans from a credit union you trust. And unlike traditional loans, e-cash loans
are easy to obtain, even if you don't have great credit.
UFirst understands that emergencies don't discriminate about your credit score. That's why UFirst
Credit Union Offers e-cash on a relationship basis. If you're in good standing, you can quickly be
approved for up to $2,000. Compared with other instant loan options, UFirst e-cash has low rates and no
credit report is required with your application.
How e-cash Works
e-cash is a low interest rate* instant loan
Apply for e-cash instant loans through your mobile banking portal
If you're accounts are in good standing, you can qualify for up to $2,000
Cash is available instantly after approval
Loan terms up to 12 months**
Use your mobile banking app to apply for an
e-cash instant loan. Select “Get a Fast e-cash Loan” to start the application.
If you don't already have our mobile app,
search for "UFirst" in your app store or download it below.
Applicants must have a valid social security number
Applicants must be the primary account holder of a UFirst account that has been established for a
minimum of 3 months
*28% interest rate **pay back terms up to 12 months: monthly
payments required, auto pay can be set up to automatically debit payments from your
account ***$20 application for all applications, even those that are
The credit score required to qualify for an auto loan is relative to the lender. On average, the borrower needs a score in the low 700s for a new car loan and mid-600s for a used car loan.
A borrower's credit history tells the lender whether or not they are high or low risk. When getting approved for an auto loan, most financial institutions will look at the borrower’s industry-specific auto FICO® Score3, along with their base FICO® Score from the three consumer credit reporting bureaus: Equifax, Experian and TransUnion.
This credit score also determines the borrower’s interest rate on the loan. Typically, to get an interest rate between 0–2% on new car loans, the lender will require a credit score of 700 or higher. Reversely, if a borrower finds themselves with a credit score in the mid-600s or low 500s to low 600s, they may expect a lender to give an interest rate three to five times higher (between 10–24%) than those with good or excellent credit.
You can check your FICO® Score for free on our free mobile app, UFirst.
Refinancing your auto loan is a great and easy way to save money on your car payments and to lower the interest rate on your auto loan.
In order to refinance your auto loan, you’ll need to gather the right information and documents. All the necessary information would be the car mileage, VIN number, current car loan numbers, driver’s license, and income verification. After gathering this information, you can refinance your loan with the same lender or with a different financial institution.
After applying, the bank or credit union will check your credit history and let you know if you qualify for a lower interest rate. After approval, the bank or credit union will work with you to set your new loan term to a lower monthly car payment.