Frequently Asked Questions

What is a cash advance? A cash advance (also known as payday loan) is a short term loan used to help you make ends meet between paychecks. If you're in a situation where you don't have enough money to make it until your next pay day, that's the best time to look into a cash advance.

How does it compare to other loans? Cash advance loans are different from bank loans and credit cards, and are designed to address different situations. Whereas the other examples are long term loans, short-term loans are designed to help you pay your expenses without going into debt over a long term loan. We help advance some of the money from your next paycheck, and although extension and renewal options are often available, they are designed to simply be paid off with your next check, avoiding any long term debt or extended interest charges.

How good does my credit need to be? You can have no credit, or absolutely terribly credit, and still get approved for a cash advance. We usually don't check your credit score when you apply. Credit checks are more useful for long term loans, like the ones listed above.

We're only aiming to help you cover costs until you receive your next paycheck, so your long term credit history isn't an important area of concern when it comes to approving your application. No credit or bad credit applicants are encouraged to apply – we're often able to help people after many others have turned them away.

How long can I borrow money? These short term loans are designed to supply additional money that can be paid back with your next paycheck. A typical advance is usually around two weeks in duration, although other options are often available should this schedule not line up with your personal financial situation and associated needs.

How much can I borrow? Online cash advances are usually in the range of $100 to $1,000. The maximum amount we're allowed to advance varies from one state to another, so the only way to know for sure is to fill out an application. It's quick and easy, and then we'll notify you with how much we can lend you until your next pay period. Your income amount will also influence how much we can lend you, but we are happy to work with people in all situations, including part-time, minimum wage, or fixed income earners.

How do I get paid? It couldn't be easier to get the money you need. There's no need to wait around for a check or pay expensive wire transfer charges. We simply deposit your money into your bank account upon approval, just like your employer would transfer your paycheck. When it's in your account, it's all yours. You can spend it as soon as it's available, and cover anything from gas money to overdue taxes.

Repaying your loan is just as easy. We'll use the same bank account to both deliver the funds and schedule your repayment. When your next check has come in, we'll debit your account for the same amount as what you borrowed, plus the interest for your loan (a small amount more than what you borrowed – exact interest rates vary from state to state, so we'll fill you in on those details when you apply for a cash advance).

How long does it take? The online application only takes a few minutes to fill out, and we provide expedited processing to all who apply. Your application will be reviewed either instantly or within an hour or two, and then we'll contact you to briefly inform you of the amount we've approved you for and make sure that you want to accept the terms. Then, we'll send out the money. From application to money in your account, you can expect the entire process to usually be done on the same day.

What paperwork should I prepare before applying? This isn't a bank loan. We don't require any paperwork or for you to fax in documents. All you have to do is answer some basic questions. To make the process as easy as possible, it helps to have your driver's license and a paystub that shows your income with you as you apply. Of course, it's an online application, so if you need to look anything up, you can always get up and come back to the application later.

Why apply online? If you try to get a loan in person, those stores just enter your information into a computer anyway. Why not bypass all the hassle of driving around town and gather paperwork, and just enter it into the computer yourself? We use the same encryption protection systems as they do, so you can rest assured knowing your information is safe and secure. By reducing overhead through not having physical locations with expenses (like rent, employee salary, utilities, furniture, etc.) we can offer you better rates than many in-person cash advance stores. The internet really is the best, most easy to use method of obtaining a cash advance.

What's the first step to getting a cash advance? The first step is applying, and you'll be surprised how easy it is. Go ahead and fill out an application to see all the details of what exactly we can offer to you. We look forward to working with you!