 |
Frequently Asked Questions
|
|
• What is a Payday Advance?
• What does this cost me?
• I have that information so what do I do now?
|
• What are the requirements?
• How do I pay this back?
|
• Do you check my credit?
• What do I need to apply?
|
|
What is a Payday Advance?
A Payday Advance is a confidential way to get short-term cash. Small amounts ($100-$500) can be borrowed until payday and must be paid back usually within a few days.
top
|
|
What are the requirements?
• You must have an income of at least $1000 a month
• You must have worked at your current job at least 3 months and have direct deposit, or 6 months if you do not have direct deposit
• You must have lived at your current residence at least 3 months.
• You must have an active checking account that you have been using regularly for at least six months with no more than 2 NSF charges in the previous month
• You must be at least 18 years old
top
|
|
Do you check my credit?
No! We do not use any major credit bureau. We do, however, use industry services such as Tele-Track and a check verification service to verify your information.
top
|
|
What does this cost me?
Our charge is $17.50 per hundred for up to 14 days. Please read the APR Disclosure for more information.
top
|
|
How do I pay this back?
If you are approved, we electronically credit the funds to your account and when your payment is
due we electronically debit your account for the total amount you owe. At that time, you may
request an additional advance for the same amount or an even higher amount.
top
|
|
What do I need to apply?
• Checkbook
• Valid Drivers License
• Most recent complete bank statement
• Last (2) paycheck stubs
• A current utility bill in your name
• Access to a fax machine
top
|
|
I have that information so what do I do now?
Fill in and submit your application for pre-approval.
We contact you by phone or e-mail if we need any further information.
Notify you by phone or e-mail if you are approved or denied.
If your approved, you fax a copy of the above information to us toll-free.
Your funds will be deposited in your account within 24 hours or the next business day. It's that easy!
top
|
|
