FAQS
What is a Cash Advance, Payday Loan, or Paycheck Loan?
A cash advance provides you with an unsecured, short-term cash advance until your payday. One of the reasons people do this is to avoid fees associated with bouncing checks or late payments, which can be quite costly. We make it easy for you to sign up right online, in complete privacy, and have the money electronically deposited right into your checking or savings account.
Are there certain conditions about qualifying?
Qualifying for a payday advance is easier than qualifying for traditional credit. The only collateral will we need is your paycheck and information about your current job. You need to meet the following minimum requirements:
• Have a job when applying (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 active in the military
How long does this process take?
In as little as one hour most people are usually approved. Since the money is wired directly into your checking or savings account, you can usually have access to your funds the very next day after talking to a customer service provider.
What if I have bad credit, NSF’s, charge-offs or a bankruptcy?
Not a problem! Many customers typically have sub prime credit when signing up for an online cash advance.
Don’t you need some kind of collateral?
All we need is your paycheck and job information as collateral.
Do I need direct deposit?
At this time your loan questionnaire can be accepted if your paycheck is direct deposited; it is the most secure way to offer loans as quickly as our lenders do.
I heard that some people charge fees to apply for loans. Do you do this?
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?
Yes, we use the very latest security technology and so your information is very secure. We also respect her privacy. What is the very latest and secure socket layer encryption (SSL) to make sure that all sensitive information is secure and safe from prying eyes.
Are there any recommendations for how often someone should use a payday loan?
Emergencies pop up any time and we’re here to help you. Emergency cash needs pop up once in a while but this is only a short-term solution. You should not use payday loans for ongoing financial problems or oft repeated use. To avoid extreme financial difficulties do not rely on payday loans or repeatedly use them too often. The National Foundation for Credit Counseling is a great place to go if you need help with your budgeting and debt management problems. Please call them at 1-800-388-2227.
How do you determine the amount I will receive in my payday loan?
It’s based entirely upon the answers you gave us on the form you filled out and the amount of your current income.
How soon do I have to pay back the loan?
Payday loans are typically paid back by your next paycheck. This is usually from between seven days and rarely longer than 30 days as the standard time for repayment. The exact time frame is usually disclosed during the agreement of terms.
Where can I apply for a Payday Loan?
Here is one place we can recommend.
