One-hour instant loans require that you fax
documents to complete the application. Same day
loans do not require faxing. If you don't have a fax at
home or work you can fax your documents at your
local Kinko's, Office Max, Mailbox Etc., Office Depot or
Staples all of which offer a public fax machine for a
small charge.
The online payday loan sites will process your
application 24/7. If you have any questions reading
their FAQ will answer many of the most common ones.
If you have more private questions, for more
information, you can also contact the company
through their customer service department.
Companies may offer online chat with customer
service representatives or a phone number to reach a
representative.
Basic
Requirements
18 years or older.
US citizen.
Checking account.
No Savings Accounts.
Job or source of income $700.00 and up per month.
Minimum income amount depends on lender.
The loan company's website will have any other
requirements, fees or rates.
Loan applications are checked by TeleCheck and/or
Teletrack.
Not available to all US residents due to state laws.
Shop around for the payday loan or advance cash
lender with the lowest fees per week. Find out the
fees per week, what the minimum loan period is and if
there are any other hidden fees. You may also want
to compare companies for their requirements as these
might be different depending on where the company
is located. Generally you must be 18 years old, be a
resident of United States and have a checking
account. Savings accounts will not work for most
companies but a few can even work with that.
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Amount
How much money you can qualify to borrow.
First time borrowers are limited to $200.00-$400.00.
Rate
How much they charge you for the loan.
Varies=Depending on which lender agrees to the loan.
Example
$10.00 per $100.00
Result $300.00 loan cost you $330.00 to pay back.
Checking
Checking account required.
Approval Time
Time to process the loan application.
Depends on your information and if they require more.
Instant= A few minutes.
Direct Deposit
Requires you to have your pay check directly
deposited into your checking account.
Fax
Requires faxing of documents.
Income
Minimum monthly income
Customer Service
Method of contact.
Email
Phone
Fax
Mail
Online
Loans are for a period of 14 days.
Length of the loan depends on the lender.
The cost of your cash advance loan is dependant on many factors, such as the lender and how you
manage your financial obligations. Cash advance loans are designed for emergency situations when
you are short of cash and need money fast! Family emergencies, unexpected car repairs, overdrafts,
telephone reconnection and deposits are just some of the urgent cash needs that you may
experience.
Your fees are less than the cost of not having the cash you need when you need it - overdraft fees,
bounced check charges, taxes, even losing your job because you can't get to work! Actual fees are
determined based on the information you provide when you submit your loan application.
Your cash can often be sent to your bank account the very next business day and you don't repay
until your next paycheck.