Instant Payday Loans

What is a payday loan?

There is no charge for the service. It is safe and secure and completely confidential.

How much can I get advanced until my next payday?

Your first time advance can be up to $1,500!!! Your approval amount is determined by the following: monthly net income (we cannot advance more than you can afford to repay), length of current employment, and any outstanding loans (paycheck advances, payday loans, short term loans, payday cash advances, etc) with another provider.

 

Upon approval, you will be contacted by phone or email to confirm the amount of your first cash advance and repayment date. All loans provided are scheduled for repayment on your next payday?up to 31 days!

 

If your next payday is four days or less from the application date, repayment will be scheduled on your following payday!

 

Notice: Having made application for check advances, payday loans, short term loans, payday cash advances, paycheck advances, payday cash advances with more than one other provider may cause your application to be declined.

How long does it take to get the cash advance?

Upon approval (normally 30 minutes), we transfer your cash advance that same day, to arrive in your account the next banking day.

 

All requests that are received Monday through Thursday by 2:30 PM Pacific Time, the cash advance will be in your account the next business day. Requests received on Friday, will arrive at your account Monday. (Banks and credit unions do not accept ACH transactions on weekends) Requests received on weekends will be processed on Monday for Tuesday arrival. All National Holidays are observed, and requests will be processed the following business day.

What are the requirements for approval?

• *Full-time employment (not through a temp service) and/or S.S.I.
• *Minimum of $600 (after taxes) salary per month.
• *Paid weekly, bi-weekly, twice a month or monthly.
• *Active checking and/or savings account in good standing.
• *Minimum 18 years of age.

What if I have no credit history or a bad credit bureau file?

Not a problem, we do not check your credit with the major bureaus, however we do utilize TeleTrack and CL Verify. These are customer reporting services that provide information on lending, payment, and check writing histories.

Do I need access to a fax machine?

Yes, but only if we need more information to increase your loan amount.

How do I get the money and how do I pay?

Your acceptance of our terms and conditions provides pre-authorization for us to electronically transfer cash of approved amounts, by Federally regulated EFT (Electronic Funds Transfer) also known as ACH (Automated Clearing House) into your account, and to obtain payment from your account on the scheduled refinance date.

Do you require collateral?

No, we do not require any collateral.

What about electronic records?

Access to electronic records is provided by industry standard web browser software and the Internet. By your use of our web site, you affirmatively demonstrate your ability to receive records and present your signature electronically. Your records may be printed or saved to your computer at any time.

Can I revoke my ACH payment?

No. The ACH Authorization can only be revoked AFTER we have received payment in full of the amount owed. Because our advances are single payment advances (that is, we advance a sum of money that is to be repaid in a lump sum), we are permitted to require ACH repayment in accordance with the federal Electronic Funds Transfer Act (EFTA.)

 

Under The EFTA, a lender cannot require a consumer to repay a loan by means of preauthorized electronic funds transfers as a condition to approving the consumer's loan. The term "preauthorized electronic funds transfer" is narrowly defined by the EFTA to mean "an electronic funds transfer authorized to recur at substantially regular intervals." As explained by the Federal Reserve Staff in its official commentary to the EFTA, "Creditors may not require repayment of loans by electronic means on a preauthorized, recurring basis." 12 C.F.R. 205, Supplement I - Official Staff Commentary, at 10(e) (1) (Loan Payments). As a one-time payment, the repayment of a cash loan is not encompassed by the EFTA's definition of "preauthorized electronic funds transfer," and is therefore permitted under the EFTA.

 

A short-term advance provides the cash needed to meet an immediate short-term cash flow problem. It is not a solution for longer-term financial problems for which longer term financing may be more appropriate. You may want to discuss your financial situation with a nonprofit counseling service in your community. You will be charged additional fees if you renew/extend the advance.