HR - Stately Credit

Here’s Why 401(k) Loans Are a Bad Idea

It’s tempting, isn’t it? An emergency pops up—the roof caves in, the car dies, your kid hits his head skateboarding—and you need money fast. You have $100,000 sitting in your 401(k). Why not borrow that? You can pay it back. What could possibly go wrong? Well—a lot, actually. While, yes, many 401(k)s allow you to […]

Poor Health is Costing Your Business. Here’s What To Do.

In case you haven’t noticed, healthcare is expensive, and many employees are choosing to live in poor health rather than pay the costs. In fact, according to new data by Gallup, one in 4 Americans claim they or a family member delayed medical treatment in 2020 because of cost. That’s partially good news—26 percent is […]

Can Financial Benefits Lower Employee Turnover?

In the good ol’ days, all you needed was a 401(k) or pension, a health insurance package, and maybe a Christmas party, and you were pretty much guaranteed to get lifelong employees who were committed to your company. But nowadays, things have changed: Employees are expecting more than just compensation and the traditional benefits. They […]

What is Employee Absenteeism? How Can You Manage It?

The show must go on, as they say, even when your employees don’t show up. A few days of “sick leave” is manageable—even a planned vacation or two won’t sink the ship—but when employees’ absences become habitual, you have a bigger problem on your hands: absenteeism. What is employee absenteeism and how can you deal […]

Emergency Funds: Why Your Employees Need One

Accidents happen, and, unfortunately, they’re usually expensive, which is why your employees need emergency funds. How expensive? Well, in 2020, the average unexpected expense was a whopping $3,500, says a Bankrate report. How many Americans could cover that? Bankrate gives a pretty bleak answer: fewer than 4 out of 10 people have enough saved for […]

401(k) Leakage is Crushing Your Employee’s Retirement Dreams. Here’s How

How to plug a 401(k) leakage 401(k) leakages are not going away on their own. Something needs to happen. And it needs to happen fast. While it may take some time to implement solutions, here are three steps that will take you in the right direction. 1.Accept that 401(k) leakage is a problem. First off, […]

Copyright © 2023 Stately Credit™ | All Rights Reserved

By using this website, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. View our Privacy Policy for more information

Loans under the Stately Credit branded loan program (Stately) are made by First Financial Credit Union (FFCU), an Illinois chartered credit union, NCUA insured. An FFCU membership is required in order to obtain a Stately Credit loan from FFCU. Stately loans are serviced by First Financial Servicing, LLC (FFS).

Stately loan amounts range from $1,000 to $10,000 with loan terms from 6 to 24 months. Loans are generally repaid via a payroll direct deposit. The APR for Stately loans ranges from 12% to 35.99%.

To qualify for the lowest rate, applicant must have a responsible financial history, be employed and paid through a payroll processor and repay via a payroll direct deposit.

Our loans are subject to credit approval and verification. We may gather information about you including, but not limited to, credit bureau information, information for verification of income and of your expenses. We also verify your identity. Income and debt must meet eligibility requirements as established by our underwriting guidelines which is subject to change without notice.

As an example: A 2 year $5,000 loan with a 22.95% simple interest rate and a $25 one time fee has 52 bi-weekly installments of $132 each and an A.P.R. of 23.49%. This example is an estimate only and assumes all payments are made on time.

Stately loans are not currently available in all states and are not currently available to active members of the military and/or their dependents.

By providing your email address and phone number to Stately Credit LLC, you agree that Stately Credit LLC, FFCU, or FFS may use it to communicate with you about debt via email, phone, or text message.

Important Information About Procedures for Opening a New Account. To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. This means that when you open an account with FFCU, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We also may ask to see your driver’s license or other identifying documents.

We are committed to making our website's content accessible and user-friendly to everyone. If you are having difficulty viewing or navigating the content on this website, or notice any content, feature, or functionality that you believe is not fully accessible to people with disabilities, please call our Customer Service team at 844-408-2444-, Monday – Friday, 9 a.m. – 5 p.m., Central Time.