Cash Loan – FAQs

What is a cash loan?
A cash advance is a short term loan usually for $1500 or less

What can I use it for?
You can use the cash loan 1 hour for anything you want. It can be for paying off your bills, to go on a vacation or to buy something.

What are the requirements for getting a payday loan?
You need to be 18 years old or more, employed for more than three months or more and have an active checking account. Your monthly income should be not less than $1000 excluding taxes.
 
How long does the process take?
You can get a loan in one hour. Sometime you can get the loan in 30 minutes if you fill the application form correctly without missing out any information. At the maximum, the amount will be transferred during the next business day.
 
Do I need to fax any documents for the loan?
No, you need not to fax any documents, only your salary slips and checking account information need to be emailed. Just fill the details in the online application form and submit.

How do I receive the loan amount?
The loan amount will be transferred to your checking account directly through electronic transfer.

Can I get a loan if I have poor credit history or have filed for bankruptcy in the past?
Yes. Since this is a short-term loan, no credit checks are required. You are eligible for the loan even if you have filed for bankruptcy.

Do I need collaterals for getting the loan?
No. Your employment is considered as collateral for this fast cash advance.

When should I pay back the loan amount?
You need to pay back the cash loan on your next payday.