What is a payday advance?
The purpose of a payday loan is to get you money until you next payday. This means it is an emergency short-term loan used as a last resort.
What can I use the loan for?
You can use the loan for anything that you want, but you should use it only in emergency situations. You must be careful not to fall into a debt trap. Use payday loans responsibly or don’t use them at all!
How much can I borrow?
You can borrow from $100 to $1000, based on your income. This is to protect you and the lender from any potential default. In addition, payday loans are often capped by state laws.
What is required to get started?
You need to file an application, making sure all the sections thoroughly are filled out correctly. If the application is not accurate or dosn’t provide the necessary info, it may be denied.
How long does it take to get the money?
It could take up to 24 hours to get deliver the funds to your bank account. This all depends on the cycle for processing the loan with a direct lender.
How safe is your personal information?
Your personal information will be submitted over a secure server using a data encryption. It is very safe.
Are there any fees?
No we do not charge any application fees.
Is there any obligation to take out a loan upon approval?
No. You can choose not to accept the loan for any reason.
Can my credit history affect the loan approval?
The lenders may not use your credit score as a decision making benchmark. People with bad credit score are often approved for a loan. Lenders take many things into consideration, for instance, your income or current debt.
Can I roll over the loan?
If for any reason you are not able to repay the loan on time, you should contact your lender prior to the due date. You can work out a payment arrangement. Extension of payday loans is a very expensive trap. You have to pay additional fees which make the loan very expensive