FAQ

Defining a payday loan
When you need money for an unexpected emergency, a payday loan can be the best choice. These short term loans are designed for those who need money fast, and can’t wait for a traditional bank loan to come through. Issues such as overdue bills, late payments, home repairs and more can be solved with a fast cash loan. When you need extra cash simply to get you through until your next payday, a loan can help. A loan can be the right option if you can’t use a credit card for emergencies, or if you have poor credit.

Why take out a payday loan?
There are many reasons why taking out a loan can be the right choice for you. The money is deposited fast into your account once you are approved, so there is no lengthy waiting period to even know if you are getting your money. You never have to disclose a reason as to why you need the loan. Your money is safely and securely transferred into your checking account, no questions asked. You can borrow an amount that is right for you, to help bridge the space between paychecks, or to take care of a money emergency.

What about security?
As you can apply for a loan online, you will need to supply both personal and banking information. Be assured that this information will remain completely private, as we offer the best encrypted website to transfer your information. Check the bottom of your browser for the small lock icon, which will ensure you that your page is encrypted and safe. We never sell or give away your information, and only the lenders responsible for getting you a loan will be able to view your information.

Applying for the loan
To be able to get a payday cash loan, you must be at least 18. You must show that you have worked for 3 months or more, and have a take-home pay of $800 a month. Finally, supply your checking account that you can use to have your loan deposited into. When you fill out this information, make sure all of your numbers are correct, to avoid a delay in processing. Once you fill this in, you can send in the application through our secure website, and wait for a quick reply.

How much can I get?
Every state has laws that apply to payday loan companies, and some states limit the amount a borrower can take out. After that, the lending company itself will look at a few factors to determine the amount you can get, but it is usually between $100 and $1,500 per loan period. The income that you show is one factor, as is the ability you have to pay back the loan.

When will I know I’m approved?
Once you send in the application, our online lenders will look at it right away. The approval process takes just minutes, and once approved, you will receive an email letting you know. From there, you will receive your loan in your checking account via direct deposit from the loan company. Make sure that you pay off an outstanding payday loans before applying for a new one, as this could hinder your process.

How do I get my loan?
The loan amount that you are approved for will be deposited right into your checking account. This takes just hours or less once you have been approved. You can use the money then as you wish, either by withdrawing it or using your debit card or checks.

My credit score is awful, will this matter?
Absolutely not. We never check your credit score to determine if you need a loan. Even charge-offs and repossessions will have no bearing on whether you are approved for a loan or not. We simply look at your employment history and your expected earnings for the future to determine whether you can repay the loan. So now matter how bad of a score you have, you don’t have to worry with us.

Do you need collateral?
Again, no. We do not ask for any collateral to qualify you for a payday loan.

What if I can’t repay the loan?
We understand that even with the best of intentions, you may not be able to fully repay the loan on your due date. If this is the case, talk to us, and we may be able to get you an extension on your loan. You will only have to pay the finance charge on the loan on your original due date, and then the rest of your loan will be rolled over until you get paid again This gives you a little extra breathing room until you can fully repay the loan.

Is there a fee to apply?
No, we never charge a fee to fill out the application. You will be charged a fee on your loan, however. Make sure to factor the finance fee in when you figure your budget, as it is taken out along with the loan amount.

What if I change my mind?
The loan application is not a binding agreement, even after you fill it out and send it in. A loan representative will contact you to discuss any concerns or other questions that you may have. If, after talking to the representative, you decide you don’t want the loan, we will simply cancel your application. No fee will be charged. You are never under an obligation to get a loan from us.