FAQ on Cash Advance and Payday Loans
It has been said numerous times that the
cash advance industry is highly misunderstood. Therefore, people always have questions about the industry that must be cleared up before they get a payday loan. A payday cash advance does not need to be a scary situation and if you read over this
FAQ, it should answer any lingering doubts that you might have.
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I am not yet 18 years old, but I have a steady job. Can I apply for a payday advance?
Unfortunately, you must be at least 18 years old to receive any cash advance loans. It does not matter if you have a job or not in this situation, as it is a legal matter.
- I have made some credit mistakes in the past. Will this impact my ability to receive a cash advance?
Not at all, as our cash advances do not require a credit check. As long as you do not have another outstanding payday advance, you will be approved.
- How long will it take for me to get my payday cash advance?
It depends on a few different factors, including the regulations in your state, but you can receive your cash advance in as little as one hour if everything goes smoothly.
- There is no loan office in my small town. Am I still eligible to receive a payday loan?
We are licensed all over the United States, so you can receive a cash
advance no matter where you live.
- How do I know that your rates for payday loans are the best?
At the end of the day, our track record speaks for itself and our
cash advance system is by far the most efficient and affordable one
available online.
- How much will my payday cash advance cost me?
The regulations are different in every state, but we will tell you exactly how much your payday loan will cost before you sign up for anything.
- My job future is somewhat in question. Do you think that I should still apply for a cash advance?
While you will probably be approved, you should probably avoid cash advance loans if you foresee some financial uncertainty in your future.
- Will I be approved for a payday loan without an active credit history?
Since those with poor credit can receive a cash advance, it will be no problem for those without any credit.
- How will I receive my payday advance?
This is also dependent on state regulations, but the normal time to repay a payday loan is 14-days.
- How long will I have to repay my cash advance?
Yes, as long as you have been employed longer than six months.
Hopefully this information shows you that there is very little risk when applying for a cash advance, as long as you are careful about it. Your payday advance does not have to cause you problems as long as you take the right steps beforehand and plan ahead.