Frequently Asked Questions
At Our service we do not provide direct loans to consumers - our service is designed to match your information with payday lenders in our network to find you the best loan provider for your needs. But we are experts in the payday loan industry, and we are happy to answer any questions that you may have. Please review the following answers to questions that you may have about our service and payday loans. If you can’t find an answer to your question, please feel free to contact us for more information.
A payday loan is a short-term solution to cash flow problems. The lenders in our network will provide you with a loan of $100 to $1000 to make ends meet until you receive your next paycheck.
2.How can I Qualify for a Payday Loan?
The lenders in our network make it easy to qualify for a payday loan. You will need to fulfill the following requirements:
- Be at least 18 years old
- Have held the same job for the past 30 days
- Bring home at least $800 per month
- Provide a home and work phone number, along with an email address
3.How Much Can I Borrow?
Our lenders will provide you with a loan up to $1000. The amount loaned depends on the information that you provide.
4.How Do I Get the Money?
Receiving the money from your loan is easy- it is deposited right into your bank account.
5.My Credit is Bad - Will I Still Qualify for a Loan?
Payday lenders know that hard times can fall on anyone, which is why your credit doesn’t matter when applying for a payday loan. You can be approved despite credit problems, such as bankruptcy, judgments, and other financial issues
6.How Long Does it Take to Apply?
It usually takes less than five minutes to apply for a loan through our service; you will then have access to a number of lenders that want your business. In most cases you will receive your loan money within 24 hours after approval.
7.Do I Have to Have Access to a Fax Machine?
Yes, you will need to have access to a fax machine. Your lender may ask for additional financial information, and faxing is the fastest way of getting them the information that they need. If you do not own a fax machine you can use the services of your local library, or a postal store.
8.What is the Cost?
The total cost of repaying a payday loan varies by lender, according to their rates and terms. After you are approved for a loan, your lender will disclose the exact cost before you e-sign anything.
9.I Am Already Paying Off a Payday Loan- Can I Take Out Another One?
You can certainly apply for another payday loan, and you may qualify. While applying make sure to disclose to the lender that you are currently paying off a previous loan.
10.How Do I Pay Back My Loan?
Most lenders ask that you agree to have payments withdrawn automatically from your bank account. If you foresee having any problems making a payment please contact your lender immediately.
11.What If I am Late Making a Payment?
The lenders in our network each have their own policies in regards to making late payments. Please be aware of your lender’s late payment policy before signing loan agreements.
12.Is My Information Safe on Your Service?
Yes, your personal information is safe. Our site is protected by the best security software available, and all information provided is encrypted during submission.
13.When Will I Be Eligible to Apply for Another Loan?
You can apply for another loan 72 hours after applying for your initial loan. Please be sure to disclose the fact that you have already applied for a loan when working with a lender to obtain a second loan.
14.Can I Extend the Repayment Period of My Loan?
Each state has their own regulations in regard to extension of the repayment period of a loan. If you live in a state that allows extensions, please contact your lender in advance to let them know that you are unable to make a payment, and would like to have an extension.
15.What Happens If I Default on My Loan?
If you are unable to make the agreed upon payments to your lender, you can expect them to use any legal means possible to collect the money that is due. Defaulting on your loan may also result in higher interest rates and additional fees.