Frequently Asked Questions for Cash Loan

Before you take out a pay day loan or cash advance loan you should be satisfied that you are armed with all of the answers to your most frequently asked questions. As a good, responsible borrower you want to know that you understand how the process works and sometimes you might have questions about how our services are carried out. Hopefully, the following FAQ will be valuable to you in helping you make the right decision.

How should I use my loan?

Our loans are designed for short-term use. They are not large amount, characteristically under $1,000, and are meant to be used for financial emergencies or for extra cash until your next paycheck is received.

How much can I borrow?

The amount that you borrow will be based on several determining factors with your income being the most noteworthy. The average amount is around $500, although you can get payday loans for more.

What is the cost for the loan?

Your fee is determined by the amount that you borrow. You will be informed of the fee before you accept the loan so there will be an opportunity for you to turn the loan down if you wish.

When will I get the money?

Your money should be deposited into your bank account by the next business day. That’s why it’s important to provide us with the right information as far as your bank account is concerned.

What are the eligibility requirements for the loan?

You have to be over 18 years of age, have an active e-mail address and telephone number, have a regular form of income, and possess an active bank account that accepts direct deposits.

What if I have bad credit?

We look at your regular income and employment status when you determine whether or not you will be approved for one of our loans, not your credit history.

How can I use the money once I get it?

We consider it your money so once you receive the money deposited into your bank account you can use it however you need to.