FAQS
What is a Payday Loan or Cash Advance?
A payday loan is a short-term cash loan that is unsecured and advanced to you until your next paycheck. Customers choose payday advances to cover small, unexpected expenses while avoiding costly bounced-check fees and late payment penalties. With our company you can sign up via our form for a payday loan online and have your advance electronically deposited to your checking or savings account by a payday loan lender.
Are there certain conditions about qualifying?
Here’s the good news-qualifying for a payday loan is a lot easier than qualifying for a regular consumer credit loan. The only collateral will we need is your paycheck and information about your current job. You need to meet the following minimum requirements:
• Currently have a job (or receive regular income)
• Make at least $1000 per month
• Are 18 years of age or older and a U.S. citizen
• Have checking account or savings account with direct deposit
• You are not in the military actively
How long does this process take?
In as little as one hour most people are usually approved. Most people have their funds the very next day in their account because of direct deposit through our system.
What if I had a bankruptcy? Can I still apply?
We don’t look at credit reports so that isn’t a problem in applying for a cash advance.
My bank wanted to see what kind of collateral I have. What do you require?
Your job and your paycheck are your collateral.
Do I need direct deposit?
In order to get a payday loan from us securely and on time, you need to have direct deposit to your bank account.
Is there a fee associated with filling out this form?
No, we’ll never charge applicants a fee for filling out this form. Besides it is illegal.
When I fill out this application and give you my financial information is it secure?
Absolutely. We respect our customer’s privacy needs in managing their personal finances. Our site uses a variety of security measures to maintain the safety of your personal information. All sensitive information transmitted between your browser and our website uses 128 bit Secure Socket Layer (SSL) encryption technology.
Are there any recommendations for how often someone should use a payday loan?
We’re here to help you whenever you have an emergency. It is important to remember that a payday cash advance loan is a short-term answer to an immediate cash need. You should not use payday loans repeatedly to try to solve your financial problems. Repeated use or reliance on payday loans can create serious financial difficulties. If you need help with credit, budgeting or debt management, please contact the National Foundation for Credit Counseling at 1-800-388-2227.
How is the payday cash advance loan amount determined?
Our lenders qualify you for a payday advance amount based on your current income and other questions that you answer truthfully on our sign up form.
How many days or weeks to have to repay the loan?
Payday loans are typically paid back by your next paycheck. The standard time for loan repayment is usually no less than seven days and no longer than thirty days. When you agree to the terms of the payday loan this will be disclosed to you.
Where can I apply for a cash advance loan?
We would recommend that you go here and follow the simple easy instructions.
