FREQUENTLY ASKED QUESTIONS
What is a payday loan?
Payday loans are small unsecured loans, usually for between $300 and $1,000. They are designed to help customers meet their financial needs until their next payday. Essentially, you are getting an advance on your next paycheck for a fee.
Payday loans are also known as cash advance, short-term loans, payday advances, cash loans, fast cash, fast loans, bad credit loans, deferred deposit loans, and a number of other names. Regardless of what you call them, payday loans can get you through your financial crisis.
Not to be confused with installment loans that are paid back over a longer duration than payday loans.
What are the requirements for a loan?
All you need to qualify for a job is
1) a job
2) a valid checking account or prepaid card and
3) at least 18 years of age.
The simplicity of the application and approval process is one of the key benefits of payday loans.
Is my data safe?
We use a secure payday loan application to process your information. This means that you can rest assured that applying for payday loans online will not lead to your data being compromised.
However, if you are more comfortable not submitting your personal information online, you can always apply by phone at (800) 515-2429.
How much do payday loans cost?
The costs of payday loans vary based on many factors. However, you will always be presented with full disclosure of the costs and APR of your loan BEFORE you accept the loan.
More information on payday loan costs
How do I get my money?
Your cash will be sent to your bank account as fast as possible. Most lenders process your money wire via Automated Clearing House, so you will get the funds the next business day.
When do I pay back the loan?
Generally, your loan will be due on your next payday. If your next payday is within a couple of days, some lenders will extend the due date to the following pay date.
The due date should be clear on your loan documents, so please read your loan agreement carefully to make sure the due date meets your needs BEFORE accepting the loan.
What hours are you open?
We are available 24 hours a day 7 days a week. However, many lenders only accept applications during normal business hours. So, you will have the best chance of being matched to a lender if you apply during normal business hours (9 am to 6 pm).
What type of income do you accept?
All payday loan companies require is a steady income. If you are on Social Security, disability or other forms of benefits you may still qualify for a loan.
However, payday loans are not available to members of the military or their dependents.
Rudi is a credit analyst who writes articles about credit scores, building credit, and consolidating debt. His know-how on poor credit and credit unions make his input invaluable to our company. There is no credit score out there that Rudi can’t help with.