Your search stops here! As the largest Black owned bank in the country, we understand unplanned or emergency expenses better than most banks. So, we offer a solution – CashPlease, a practical short-term loan, without a credit check.
CashPlease allows OneUnited Bank customers to access an affordable, short-term loan for up to $1,000. And it’s available 24/7, and once approved, loan funds are deposited within just 4 hours!
We’re here to help you #BuildBlack on your terms, with a tool that works for you!
You’re seconds away from opening your account with us – so close!
When you complete your application online, you’re getting more than just a bank account.
The Plague of Payday Loans
Many short-term loan options, like payday loans, are predatory. Historically, payday lenders, have targeted disadvantaged communities. Black Americans are at increased risk due to the higher number of check cashers located in our communities.
Payday loans are designed to incur high-interest rates, expanding the #RacialWealthGap even further. We’re not talking about a 50% annual percentage rate (APR), we’re talking in the 200%-500% APR range! Of the 12 million Americans who take out payday loans every year, most cannot afford to pay them back on time.
The gender wage gap is a key driver for women of color and their ability pay back loans. Black women make 63 cents63 cents for every $1 their white male counterparts earn. Grossly underpaid, Black women need the ability to build and defend their credit! Yet payday lenders only report to credit bureaus if the loan is not repaid. A successful repayment experience is not reported.
The CashPlease Solution
OneUnited Bank helps our community #BuildBlack in two ways: by offering solutions built for us, by us, and by providing #FinancialLiteracy resources so we can increase our financial knowledge and power. With CashPlease, you can avoid overdraft fees and pay less interest than traditional payday loans. And even though CashPlease loans are approved without a credit check, your repayment experience is reported to the credit bureaus, which can rebuild your credit!
- Apply 24/7
- No credit check
- 90-day pay-off term
- Loan amounts up to $1,000
- Upon approval, loan funds deposited within 4 hours
- Quick, secure, convenient.
For new customers, take the step to join the financial institution you can trust, simply and quickly today!
For existing customers, to access CashPlease, simply login to online banking or our app, Select “Additional Services” or tap on “More”, then select CashPlease loan.
