FAQ

What Is a Payday Loan?

A payday loan is simply a cash advance on your next paycheck. This is an unsecured loan, which means that no collateral is required, and it is designed to give you the cash you need to make it through until your next payday. These loans are generally designed for unexpected and emergency expenses such as car repairs, emergency medical care, or to pay bills that may result in a loss of service.

How Can I Get a Payday Loan?

You can apply for our payday loans using our 100% secure online application, and if you are approved, the money will be instantly deposited into your checking or savings account.

Why Do I Need a Payday Loan?

Most people do not need payday loans, but sometimes, emergency expenses can come up that will have severe ramifications if not paid immediately. A payday loan can help you meet these expenses without the worry of service disconnection, being without a vehicle, or bounced check and other bank fees.

How Much Money Can I Borrow?

This depends largely on your employment and salary. For first time borrowers, the maximum amount allowed is $1,500.

How Do You Determine Your Loan Fees?

Our loan fees are based on many criteria, including strict state and federal laws. Depending on your location and other criteria, our fees range anywhere from $25 to $30 for every $100 borrowed.

What Are Your Loan Qualification Requirements?

While we do not perform credit checks when determining loan eligibility, we do have a few criteria that all borrowers must meet:

• An active checking or savings account with direct deposit enabled
• You must be at least 18 years of age and a citizen of the United States
• You must be employed
• You must have a verifiable income of at least $1,000 per month

How Do I Apply for Your Payday Loans?

In order to apply for our payday loans, simply fill out our 100% secure online application. We offer instant approval notification.

What Information Is Needed for Your Application?

In order for our employees to consider your application, you will need to provide your name, address, employer information, and bank account information, as well as one form of photo ID.

Is My Personal Information Safe with You?

Absolutely! Our application uses a state of the art 128 bit encryption process as well as secure web pages to ensure that all of your personal information is 100% safe. We also promise that we will never share your personal information with third parties and that we take your privacy as seriously as you do.

How Much Does It Cost to Apply?

Absolutely nothing! Our application process is 100% free.

If Approved, Do I Have to Accept the Loan Offer?

No. You will receive instant notification regarding your loan approval, at which time you are encouraged to read all of the loan terms and to contact us if you have any questions. You are never pressured to accept our loan, but if you decide that you would like to proceed, all you need to do is follow the acceptance steps received in your email.

Do I Need Good Credit to Qualify?

Absolutely not. In fact, we do not even perform a credit check, which means that your credit history has no bearing on whether or not you are approved.

Do I Need to Own a Home to Qualify?

Home ownership is not a criterion for qualification and has no bearing on our approval process. Renters and homeowners alike can qualify for our loans if the criteria are met.

How Do I Fax You My Information?

We specialize in faxless payday loans. That means that we will gather all of your personal information online using the information that you provide.

Can I Have Multiple Payday Loans at Once?

No, you must pay off any existing payday loans in order to be approved for another one.

Will You Call My Past and Present Employers?

No. The status of your application is completely confidential and we will not consult with anyone to determine your eligibility.

Do I Need to Have Direct Deposit to Qualify?

Yes you do, but this is for your safety and security, as we will deposit your money directly into your bank account after you accept our loan offer.

How Fast Will I Receive My Money?

We will process your application within an hour of receiving it, and once you accept the terms of the loan, you will find that your funds are available the next business day. Upon receipt of your funds, we will begin discussing a repayment option that fits your budget and your pay schedule.

Will I Be Notified When My Money Is Available?

We will notify you by email whenever you are approved, and we reserve the right to modify the loan agreement until the time you receive your funds if new information about your application is received.

When Will I Need to Pay the Money Back?

The repayment terms of your loan depend largely on state and local laws. We try to schedule repayment on your next payday or within 8 to 25 days from when you receive your payment.

Can I Repay the Loan Early?

Yes. In fact, paying the loan back before the scheduled due date may even entitle you to a refund of some of your loan fees. Contact us if you intend to repay your loan early to see how you may be able to benefit.

What If I Am Unable to Repay My Loan On Time?

If you find that you cannot repay your loan in time, you should contact us right away. We may be able to offer a loan extension. Our repayment options include paying back as agreed in the original terms, paying back at least part of the principle as well as the finance charges by the original due date, or repaying just the loan fees on the due date. Do note that the latter two options will mean paying more over the total life of the loan.

Is There a Limit to How Many Payday Loans I Can Receive?

We strive to help our customers meet their short term emergency and bill paying needs. If you find that you have to rely on payday loans on a regular or frequent basis, you may have more serious financial problems at hand. These loans are recommended only in emergency situations, and frequent or repeated budgeting problems should certainly be discussed with a financial expert.