Borrowers should carefully consider their options before taking out a loan and make sure they understand fees and repayment terms associated with these loans before signing any pre approved cash advance. Compare Reviews for Top Payday and Title Loan Companies.
CashNetUSA is a payday lender. It gives consumers access to cash within one business day, and the company provides detailed information about rates and policies online so consumers can make informed decisions. Founded in 1997, Speedy Cash is now an international company specializing in short-term lending and financing.
In Nevada, Washington and Oregon, they do business as Rapid Cash, and in Canada they operate as Cash Money. TitleMax was founded in 1998 and has about 1,150 stores in 17 states.
ARE THERE ANY FEES. Our services will always be provided free of charge, but that is not to say that the lender will give you a loan for free. Your lender will charge you fees andor interest and must provide you with full disclosure of their loan terms upon pre approved cash advance. It is then your responsibility to read through the terms before signing your loan agreement.
WHAT IF I NEED TO MAKE A LATE PAYMENT. Late Payment penalties differ from lender to lender. Lenders may be forgiving if you contact them directly, though some may automatically add a fee if it is in their agreement. For more information, please contact the lender directly if you have any issues repaying your loan.
Please review our site for valuable information about our services. If you have further questions, we invite you to contact us at anytime.
You will be given the details on the APR, loan fees, and other terms by your lender when you are redirected to your loan agreement during the loan request process. The APR on a short term loan can range from 200 to 2,290 depending on how the APR is calculated (nominal vs. effective), the duration of the loan, loan fees incurred, late payment fees, non-payment fees, loan renewal actions, and other factors.
Keep in mind that the APR range is not your finance charge and your finance charge will be disclosed later on. See pre approved cash advance Representative Example. Borrow 200 for 14 days with a 30 to 60 lender fee. Your estimated APR is 391 to 782 Calculation: (lender fee loan amount) x (amount of days in a year duration of the loan) x 100 Low End of Range: (30 200) (365 days 14 days) x 100 391.
07 High End of Range: (60 200) (365 days 14 days) x 100 782. 14 Payday loans are relatively expensive when compared with other pre approved cash advance products.