Explore QCash Loans and Plan Your Purchase in the Park App
At Park Community, we believe financial tools should make life easier, not more stressful. That’s why we’re sharing two powerful features available to select members directly in the Park App: QCash Loans and Plan Your Purchase (PYP). These tools are designed to help you navigate unexpected expenses, spread out payments, and stay on track with your goals, all with the security of your trusted credit union behind you.
QCash Loans: Quick Help, No Credit Check
Life happens fast. Whether it’s a surprise car repair, a medical bill, or just getting caught between paychecks, QCash Loans are here to help.
What it is:
QCash is a small-dollar, short-term loan designed to give members fast access to funds, without a credit check. It’s built for emergencies or unplanned expenses, with a quick and easy application process through the Park App.
How it works:
- Apply in just 60 seconds within the app
- Funds can be deposited into your Park account instantly upon approval
- No credit check required
- Affordable, fixed repayment terms
Who it’s for:
Available to select members who meet basic eligibility criteria like consistent, positive account history and deposit activity.
Why it matters:
QCash provides a safe, responsible alternative to payday loans or high-interest credit cards, helping you take control of your finances with dignity.
How to access:
You can apply for a Q Cash Loan directly from Park Digital Banking or the Park App, look for it in the more services tab. Make sure your app is up to date by visiting your device’s app store.
Plan Your Purchase: Shop Smarter
Making a big purchase doesn’t have to break your budget. Our Plan Your Purchase (PYP) option lets eligible members split qualifying debit card purchases into smaller, manageable payments, right after checkout.
What it is:
Plan Your Purchase (PYP) is a flexible installment loan option now available right inside Park Community’s digital banking. Eligible members can view and accept loan offers up to $2,500 to make purchases and repay over time. However, this does not mean that every member will qualify for the maximum amount. Member eligibility is based on their account relationship.
How it works:
Once a member accepts a PYP offer, funds are deposited directly into their checking account—usually within minutes. Members can have up to 5 active plans and choose repayment terms of 3, 6, 9, or 12 months based on eligibility. The APR is currently 18%, with a 10-day grace period before any late fee applies.
Who it’s for:
PYP is for members who have had an account for 90+ days and want a simple alternative to credit cards for short-term purchases. No credit check is required, and the plan won’t affect your credit score unless it becomes delinquent.
Why it matters:
Not every member qualifies for a credit card—but many still need access to funds for everyday purchases. PYP makes it easy to borrow what you need, when you need it, with transparent terms and repayment built right into your digital banking experience.
How to access:
If you’re eligible for Plan Your Purchase, you’ll see this feature in your Park App menu automatically when it becomes available to you. Make sure your app is up to date by visiting your device’s app store.
Empowering You, Every Step of the Way
At Park Community, we’re more than just your financial institution; we’re your partner. QCash Loans and Plan Your Purchase are just two of the many ways we’re investing in tools that put power, protection, and peace of mind right at your fingertips.
