Fast Cash Payday Loans FAQ
Can I get a fast cash advance if I have bad credit?
Yes you can. Most lenders do not do credit checks as a condition of getting a payday loan as your employment is your collateral.
How do i get the loan?
The payday loan will be given to you in a direct deposit into one of your bank accounts.
When will i have to pay back the loan?
Your next payday is the repayment date for your fast cash advance.
If I already have a fast cash payday loan from another lender?
Most cash advance lenders will not approve your cash advance if you have an outstanding payday loan with another cash advance provider. Lenders use a central system to identify individuals that are trying to request another fast cash payday loan.
Can I pay my loan back early?
If you are able to payback the money sooner than agreed to, the lenders won't have any problems with that.
How long does it take to get my money after the faxing process?
Even though in most cases you won't need to send a fax, if it was the case you can expect your money to be given to you usually 24 hours after you send all the necessary documentation to the payday loan lenderr.
Would I get a discount on my loan fees if I pay back my cash advance early?
We recommend you ask your payday loan provider first, but the majority won't have any problem with you paying sooner, but don't necessarily expect a discount on your fees.
How much will a cash advance cost me?
It will vary depending on the cash advance lender, currently you can pay anything from $10 to $30 per every $100 you borrow. Thats why we always recommend shopping around before you decide on a lender.
Do they allow extensions?
Most of them allow extensions in case you can pay back the amount in full, be aware though that it may imply penalties or more charges.
Do I need any collateral for my cash advance?
No, your employment is used as collateral. You have to pay back from your wages only.
How do I get a loan approved online?
Getting a loan approved online is a simple and fast process.
You enter some basic information about your identity and income.
As soon as some of this information is verified you could be approved for your cash advance payday loan.
How much can I borrow from a payday loan company?
Typically amounts from $100 up to $1500.
What do I need to apply for a fast cash advance?
You need to meet the following requirements:
- You must be currently employed or receive recurring income.
- You must currently have an active checking account.
- You must have a Direct Deposit of your pay check.
- I am a Citizen, or Legal Resident of the USA of at least 18 years of age.