Short-term loans are generally small sums of cash between $100 and $1000 (but may be more dependent on the product) that are made available to customers in the event of financial emergencies. This cash is generally available to applicants on the business day following their approval.
The qualifications include but are not limited to:
- You must be at least 18 years of age.
- You must legally work and live in the United States, and within the specific state accordingly.
- You must have a working telephone number and email address.
- You must have a bank account in your name.
- You must be employed for at least 90 consecutive days with the same employer and meet minimum income guidelines.
The total amount of money that you will be permitted to borrow depends on several factors, which include our policies/requirements, the laws of the requisite States and your unique financial situation.
We will deposit your funds into your bank account on the business day following your loan approval and after you have signed the loan agreement.
We will assess your situation to ascertain if you meet our criteria.
The entire process usually takes one business day. You will complete and submit our Loan Application Form and submit the requisite documentations. Thereafter, your application will be assessed and the necessary verification conducted. Once deemed satisfactory, you will sign the Loan Agreement and cash will be transferred to your account.
The overall costs associated with obtaining a short-term cash loan are ultimately determined in accordance with our policies/requirements, the laws of the requisite States and your individual situation.
We are directed by the laws of the requisite States. However, when applying for a consecutive loan, you must disclose information about all other short-term loans on the application.
The terms for repaying your loan will be provided in your Loan Agreement. The terms for short-term loans vary based upon our policies/requirements, the laws of the requisite States and your individual situation.
You should always contact us as soon as you are aware that your payment will be late. If charges are necessary to be applied, such fees will be determined by our policies/requirements, the laws of the requisite States and your individual situation.
If you are unable to repay your loan, you should discuss this with us as soon as possible.
We will offer you an extension on your loan if you are unable to repay it in accordance to the original agreement. The number of extensions that are available to you is determined by our policies/requirements, the laws of the requisite States and your individual situation.
If your check is returned, fees and charges will become applicable in accordance with our policies, and the laws of the requisite States.