Frequently Asked Questions

What is a Cash Advance, Payday Loan, or Paycheck Loan?
A payday loan or paycheck advance is a small, unsecured, short-term cash advance (typically up to $1,500 in the U.S.) that is intended to bridge the customers cashflow gap between paydays. Customers choose payday advances to cover small, unexpected expenses while avoiding costly bounced-check fees and late payment penalties.

What do I need to qualify?

• You must have a checking account or savings account in your name.

• You must be employed full time.

• You must be able to be contacted via telephone at work.

• You must have access to a fax machine.

• You must be 18 years or older.

• Your monthly net income (take home pay after taxes) must be at least $800.00 monthly.

What if I have bad credit or no credit?
Payday loan lenders will often extend loans even if you have bad credit, slow credit or no credit.

How do I get my application results?
When you submit your application, the results will be available in a matter of seconds in most cases. Once approved, you will be able to choose how much you want to borrow up to your approved amount.

How long does the process take? When will I have my money?
Customers typically receive approval within hours of applying. Lenders deposit monies into your bank account on the next bank business day provided that your application is received before 3:00 PM Eastern Standard Time. Otherwise, monies are deposited in two bank business days.

What about collateral to receive a loan?
No. Your job and your paycheck are your collateral.

Do I need direct deposit?
At this time we can only process your loan if your paycheck is direct deposited; it is the most secure way to offer loans as quickly as we do.

What do I need to fax to your processing center?

• Complete copy of your most recent bank statement, not more than 60 days old, for your direct earnings deposit account.

• Copy of your latest pay stub.

• Copy of a blank, voided check. Starter checks are not accepted.

• Copy of your State Identification or Military Identification or Drivers License.

• Completed and signed application.

Is my application and financial information secure?
Absolutely. We respect our customer’s privacy needs in managing their personal finances. Our site uses a variety of security measures to maintain the safety of your personal information. All sensitive information transmitted between your browser and our website uses 128 bit Secure Socket Layer (SSL) encryption technology.

How is the payday cash advance loan amount determined?
State law regulates and limits the maximum advance amount to between $100 and $500. Within that range, you qualify for a payday advance amount based on your current income

How soon do I have to pay back the loan?
Payday cash advance loans are generally repaid back when you receive your next paycheck. The standard time for loan repayment is usually no less than seven days and no longer than eighteen days. Of course you may also pay back your loan at anytime without any prepayment penalties.