–What are payday loans?
Payday loans are simply cash advances that are meant to be repaid at your next pay date. Payday loan companies or finance companies generally process these types of loans.
–How soon can I get the cash?
Usually, our service agents will have an answer about an hour after your submit all required documents. The money will go to your account electronically and you should have access to it the next day.
–What is required?
The following things are needed:
1. A checking account
2. Direct deposit from your employer
3. A copy of a bank statement
4. $1,500 income each month
–How long does it take to be approved?
Usually, within one hour upon receiving all documents. A service agent will get a hold of you within an hour with the decision. They can contact through via email or phone. If it is sent in overnight, you will have a decision in the morning.
–How do I pay this back?
When you sign the contract, you authorize us to withdraw the payment from your checking account automatically on the due date.
–Can you let me know when you are withdrawing it?
Absolutely. We always notify you by phone or email a few days before.
–What if I can’t pay the entire amount?
Call us immediately. We will work with you on another payment plan. However, you will continue to be charged interest.
–How much is the interest?
The finance charge is $15 for each $100 borrowed. The APR can fluctuate between 180% to 782.14%. Other than that, there are never hidden charges.
–What if I don’t have good credit?
No problem. We do not verify your credit. If you meet the requirements, you should qualify.
–Do I have to reapply each time I want a payday loan with your company?
No, if you have an account with us you do not need to reapply. However, your previous balance does have to be paid off.
–Is my personal information kept private?
Yes, we value your privacy and protect it. In our terms and conditions, you will find detailed information on how we protect your privacy. Our website is SSL encrypted to provide the utmost privacy and security.
–Can I pay it off before the due date?
Yes, there is not a penalty for paying the payday loan off before it is due.
–Can I cancel once approved?
Yes, after you have been approved, you can cancel the entire transaction within one business day. Please contact us as soon as possible once you have decided to cancel the transaction. There are no fees or penalties.