Payday loans are short-term cash
advances designed to meet your emergency financial
needs. Payday
loans are also perfect for those times when you need
a little extra cash for unexpected bills or special occasions.
The fee for a cash
advance is $25.00 for every $100.00 borrowed. For
example, payday
loans in the amount of $300.00 have a payback amount
of $375.00. Payday
loans are generally paid back within two weeks, however,
you can extend the payday loan.
To extend payday loans you simply make at least the minimum
payment owed on the cash
advance. First-time borrowers of payday loans can
request up to $400.00, and first-time customers get a
free cash advance *.
There are very few requirements for a no
fax payday loan: a checking account that is at least
90 days old, employment of at least 6 months, and a monthly
net income of at least $1000.00. The application process
for a free payday loan
is simple; no faxing is required. If your online
cash advance application is approved by 5 pm est,
monday - friday, then you will receive the cash
overnight.
How do payday loans work?
Once your payday loans application is approved, you will
receive the funds in your checking account the next business
day. You will then be asked to submit a payment request
which tells us how much you want to pay on your personal
loans when it is due. When payday loans
are due, the money is debited directly from your checking
account on your due date. Once you have paid off your
payday loans, you can continue to apply for bad
credit payday loans of up to $1000.00.
* Finance fees are waived on your payday
advance when you submit a cash
advance payment request online to pay the pay
day loan in full on your due date.
