The Navy Federal Credit Union offers Department of the Navy (DON) personnel, contractors and their families an excellent payday loan alternative called the NAVchek Line of Credit. The NAVchek Line of Credit can be an instant loan or automatic overdraft protection for your checking account and Visa Check Card.Click to see full answer. Thereof, does Navy Federal do cash advances?With your Navy Federal credit card and PIN, you can get cash advances at ATMs displaying your card’s logo (Visa or MasterCard®). There is no charge to use a Navy Federal ATM for a credit card cash advance; however, a small fee is charged at ATMs not owned by Navy Federal.Likewise, what time does Navy Federal Direct deposit hit? Navy Federal Credit Union Cash, check, and electronic deposits generally available the first business day following deposit. Settlement time (2:00 pm, local time, for a staffed office or 12:00 noon, Eastern Time, for a Navy Federal Automatic Teller). In this way, does Navy Federal do direct deposit advance? VIENNA, Va., July 27, 2011 /PRNewswire-USNewswire/ — Navy Federal Credit Union, the world’s largest credit union, reaffirmed it’s commitment to advance pay to members with direct deposit who are active duty military and DoD civilian employees in the event of a breach of the debt ceiling August 2.Can military do payday loans?Payday Loans are for immediate cash at very high interest rates. That’s why the Department of Defense has recently mandated that military members CANNOT take out payday loans, so payday loan companies CANNOT attack the financial security of military personnel (and their families).