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.  Customers choose payday advances to cover small, unexpected expenses while avoiding costly bounced-check fees and late payment penalties. .


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, which makes qualifying for a payday advance easier than for traditional credit. You should meet all of the following criteria when applying for a payday loan:

Currently employed (or receive regular income)

Make at least $1000/month

Be 18 years of age or older and a U.S. citizen

Have a checking or savings account with direct deposit.


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?

We need your name, address, employment information, banking details, and picture identification in order to complete your payday loan request.


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 www.cashadvance-loans.net uses a variety of security measures to maintain the safety of your personal information. All sensitive data transmitted between your browser and our website uses 128 bit Secure Socket Layer (SSL) encryption technology.


Is there an application fee?

www.cashadvance-loans.net never charges applicants a fee to qualify for a payday loan.


Does submitting an application obligate me to take out a loan?

No; submitting an application simply states that you wish for one of our agents to approve and contact you to discuss your 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?

Whether you rent or own your home, it does not affect your eligibility for a payday loan.


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?

No, all other payday loans must be repaid before another may be granted.


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. Each state has different rules and regulations regarding loan due dates. Typically, repayment is scheduled on your next payday (between 8 and 25 days away).


What if I want to pay back my loan early?

Contact us if you wish to pay off your loan before the scheduled due date. In doing so, you may be entitled to a partial refund of your 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. Pay the loan in full on the maturity date listed per your loan agreement.

2. Pay the finance fee and a portion of the principle on or before the maturity date.

3. Pay only the finance fee on the maturity 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 urgent cash need; they should not be used repeatedly to deal with continuous budgeting issues.