FAQ

What is a payday loan?

Payday loans are a convenient way to obtain a short term personal loan. Commonly $1500 or less, it is an alternative to expensive non-sufficient fund (NSF) fees and or penalties for late payments that could impact your credit report. You should evaluate the costs and benefits of all alternatives before borrowing. There are other forms of short-term loans that can be less expensive than a payday loan. Examples of these would be a loan from another institution or from family or friends, a credit card payday loan, or if you have a bank account with overdraft protection.

Is my application secure and confidential?

We utilize secure 128-bit encrypted order forms online. Look for the lock icon at the bottom of your browser to insure a secure form. We deeply respect our customers' desire for privacy in managing their personal finances. The payday loan application is confidential, and your personal information will be treated accordingly.

What do I need to get a payday loan?

To be eligible for payday loan you must be: • a U.S. citizen or legal resident alien, 18 years of age • employed at your current job for a minimum of three consecutive months • have a valid checking account • earn a monthly minimum after-tax, take home pay of $800

What is the maximum amount I can borrow?

The maximum amount you can borrow is typically regulated by state law and at the discretion of the lender. The amount you qualify for is based on your current income. There are times when you may not be able to borrow as much as you would like. A payday loan should be just one option of your short-term financial solution. We would not be able to assist you if you received more than you have the ability to repay.

How long will it take for me to get approved?

Once your application is submitted, it is readily approved by one of our cash advance network lenders. To increase the success of your application, please only apply to one website and payoff any outstanding cash advances. How do I receive my cash advance?

Once approved, an email confirmation will be sent to you and your money will be electronically deposited directly into your checking account.

Do I need any collateral or at least good credit?

No. Unlike other financial institutions, CashAdvance.org does not obtain a complete credit report. If you have bad credit, a bankruptcy, and/or no credit at all, a cash advance may be the perfect solution for you. Your collateral is your job, not a secured asset.