Frequently Asked Questions

Three main questions about payday loan:

What Is Required For A Payday Loan?
If you have monthly revenue of at least $1000 and an active checking account, you may qualify for a payday loan from our lender. You must have been employed or receiving affirmed income for at least 3 months. Your checking account must have been active for at least three months. An "active" checking account means that you regularly make deposits and withdrawals.

When Do I Re-Pay My Payday Loan?
Your maturity date of your cash advance loan from our lender will normally be your next payday. However, the term of your loan will not be less than 5 days. The term of your loan will also normally not be greater than 18 days. Usually this term is two weeks. And you always has the possibility to made a prolongation of your loan.

How Long Does This Take?
Your application will be processed during normal business hours, which are 9:00 AM until 6:00 PM, Monday through Friday. If you submit your application during normal business hours, a loan agent will normally contact you by e-mail or phone later that day. If you submit your application after business hours, we will contact you on the following business day. If your payday loan application is approved.

Payday Loan Facts

Whenever an emergency attacks you, and your wallet gets thinner, remember that it’s not a pretext to feel upset. There is a payday loan to help you out. A payday loan is a quick, short-term loan, designed to provide you money without much hassle.

• Payday loans are also called payday cash advance loans, payroll advance loans, post-dated check loans, and deferred deposit check loans.
  
  
• Payday loans are intended to alleviate your financial emergencies, when you have to make an urgent payment and lack cash. These loans are most important when we have some outstanding bills, when something unpredictable happens (a car breakage, a sudden illness) and we need money to put the things right, or in case of important one-time payments.
  
  
• The application process to get a payday loan is quick and simple, and if you use internet this process becomes even more pleasant.
  
  
• Time consuming, paper work, and hassle are not needed.
  
  
• Credit check is not employed. You can get a payday loan regardless of your credit status, which is very good for people with bad credit.
  
  
• You are not required to have a savings account to borrow this loan.
  
  
• Most people are approved for a payday loan.
  
  
• You can get the money within 24 hours after you’ve been approved.
  
  
• Payday loan lending companies give a payday loan in exchange for a post-dated check necessary for paying back the amount borrowed plus interest when the loan period is due.
  
  
• Payday loan is to be repaid within 14 days at one time with your next pay cheque.
  
  
• In case the borrower doesn’t liquidate his debt on time, the additional fees are charged.
  
  
• If you pay off earlier than it was arranged, fees remain the same.
  
  
• Payday loan lenders charge high interest rates, which means that payday loans are not suitable for frequent borrowings.