What is a Payday Loan or Cash Advance?
A cash advance is a short-term loan until your payday. These type of loans are taken to cover small, unexpected expenses and avoid late payment penalties or costly bounced-check fees. The cash is deposited directly to your account and usually you can apply for a cash advance loan online and your advance will be electronically deposited to your checking or savings account.
What can a Cash Advance Loan be used for?
The money can be used for anything you want (to pay bills,have a great weekend, shopping, you decide how to use the money).
How much can I borrow?
You can borrow up to $1500 and after the repayment of this cash advance, we may raise your loan amount on any future Cash Loans.
How are fees established?
Our fees are in compliance with all applicable state and federal laws.
Depending on the lender the fee can range from $15 to $30 per $100 borrowed. So if you borrow $300 the fee will be between $45.00 to $90.00.
What about qualifying?
Qualifying for a cash advance online is easier than qualifying for traditional loan.Requirements:
- Have a job (or receive regular income)
- Make at least $800 per month
- Be at least 18 years old
-Be an U.S. citizen
- Have checking account or savings account with direct deposit.
What’s the procedure to apply for cash advance loans online?
All you need to do is to fill up the our application form and then submit it online. The approval takes place immediately after you submit the application on any of the business days.
What informations do I have to fill in application form?
You need to provide your name and address, employment information, bank account detail.
Is my application and financial information secure?
We respect our customer’s privacy and our site uses a variety of security measures to maintain the safety of your personal information.
Is there an application fee?
Cash-Advance-America never charge the applicants a fee to qualify for a payday loan.
Does the online form obligate me to take out the loan?
No. When you fill out our online form, you are just telling us that you wish to take a loan. You may still ask us any questions or even withdraw your request .The loan is provided when you confirm you application and your personal informations.
What if I have bad credit?
Bad credit will not prevent you from receiving a payday loan up to $1500.00 overnight.
I’m a tenant – is this a problem?
No problem – it makes no difference to the lenders whether you are a tenant or a homeowner.
Do I need to fax my details?
You don’t need to have a fax machine to be able to apply for a loan. Our lending company gets all necessary information instantly.
Can I have more than one payday loan at the same time?
No. All other cash loans taken from us have to be repaid before another can be granted.