FAQ (Cash Advance Loans):

What is a payday loan or cash advance?
A payday loan or cash advance is an unsecured, short-term cash loan to assist with financial difficulties until your next payday. If your payday loan is approved, the cash will be deposited the next business day into your banking account. A payday loan is used to cover small, unexpected expenses without the fees of a bounced check and penalties incurred by late payments.

What can a payday loan be used for?
Payday loans can be used for virtually anything. Most customers use a payday loan when they are in need of some additional financial assistance to cover unexpected expenses.

How much can I receive?
Your first payday loan from www.cashadvance-loans.net is based on the information from your initial application. You can borrow up to $1500 the first time. After successful payment of your loan, you may be eligible to borrow more when you apply for future loans. However, we advise that you utilize this service in a responsible manner to avoid further financial debt. Payday loans can be beneficial if used as intended.

How are fees established?
Fees depend on the lender that accepts your application. Fees can range from $25 to $39 per every $100 borrowed. For example, if you borrow $300 then the fee will be between $75 and $90. All fees are in compliance with all applicable state and federal laws. Make sure you understand the terms of the application before accepting the loan.

How do I qualify for a payday loan?

www.cashadvance-loans.net does not perform credit checks making it easier to qualify than conventional loans. If you are currently employed or receive a regular income, make at least $1000 per month, be a U.S. citizen over the age of 18 and have a checking or savings account with direct deposit, then you qualify for a payday loan.

What is the procedure to apply for a payday loan online?
The first step to applying for a loan is to fill out the easy online application. After submission of your application, the approval process will begin immediately. An agent will notify you shortly of your loan status. After receiving notification, you can either reject or submit the application. After accepting the loan, the money is deposited into your checking account within 1-2 business days.

What information do I need to complete the application?
All we need to complete your payday loan request is your name, employment information, banking details and picture I.D.

Is my personal and financial information secure?
At www.cashadvance-loans.net we take pride in serving our customers with our safe and secure application process. We respect the customer's privacy rights while managing their secure information. Our site uses security measures to maintain the privacy of your personal loan information. Our website uses a 128 bit Secure Socket Layer (SSL) encryption technology to ensure all information remains private and secure.

Is there an application fee?
There is not an application fee when applying for a payday loan through www.cashadvance-loans.net.

Does submitting an application obligate me to take out a loan?
No; submitting an application is a simple agreement to have one of our agents contact you to further discuss payday loan options. This provides you with a good opportunity to ask any questions or clarify the terms of the payday loan. You can withdraw your loan request at anytime. If you wish to continue, then you can proceed with the help of one of our customer service representatives.

What if I have bad credit?
www.cashadvance-loans.net does not do credit checks. Our friendly managers will work with you, even if you have been turned down by other lenders.

Does being a tenant influence my eligibility?
You do not have to own your own home to be eligible for a payday loan. Renters are welcome.

Do I need to fax my information?
Generally, there is no need to fax any information. The lending company will instantly get all necessary information online. However, if there is an item on your application that needs verification, the lender may ask you to fax additional information to them.

Can I have more than one payday loan at a time?
Payday loans must be paid off in full before attempting to get another loan.

Do you contact current or former employers?
As we respect your confidentiality and adhere to a strict privacy policy, www.cashadvance-loans.net will not contact a third party without prior agreement or unless required by law.

Do I need direct deposit?
It is a requirement for your bank t be set up with direct deposit. This enables us to securely deposit the money into your account in an expedient and safe manner.

When will I receive my payday loan?
Your application will begin being processed as soon as you submit it. It usually takes approximately 30 minutes to get professional feed-back from one of our customer-friendly representatives. Once your payday loan has been approved the money will be deposited within 24 hours. www.cashadvance-loans.net will then help assist you in establishing a repayment date so you don’t have to worry about bouncing a check. The money is withdrawn on the date that you choose.

How will I know that my loan has been approved?
A customer service representative will email you once your loan has been approved. Unlike traditional lenders, we make every effort to notify you of your loan status as soon as a decision has been made www.cashadvance-loans.net reserves the right to make adjustments to your loan approval up until you receive the funds in your bank account based on new information received regarding your application.

When will my loan be due?
In an effort to make it as easy as possible, your payday loan is due on your next payday. Every state must adhere to different rules and regulations regarding payday loan due dates. Generally, the repayment of your loan is scheduled on your next payday for your convenience.

What if I want to pay back my loan early?
If you wish to pay your loan back early, contact us and we can have that arranged. In doing so, you may have a partial refund of your initial loan fee.

What if I am unable to repay my loan by the due date?
In the event that your payday loan cannot be paid back on scheduled due date, we may be able to give you a loan extension. It is advisable, however to ensure you can make the payments for the amount of the loan requested.

The following payment options are available:

1. You can pay the loan in full on the maturity date listed in the original agreement.
2. You can pay a portion of the principle and the finance fee on or before the maturity date.
3. You can pay just the finance fee on the maturity due date.


How often can I get a payday loan?
A payday loan is available anytime you require financial assistance. However, you can only have one loan out at a time. We encourage all of our clients to use these loans responsibly. Keep in mind that a payday loan is a short-term solution to an unexpected financial situation and should not be used repeatedly to prevent continuous budgeting issues.