We have partnered with over 160 direct payday loan lenders,
so be rest assured you are going to get one of the best service
possible. The information you provide is kept completely confidential
and secured. It will never be sold to any third party whatsoever.
In fact the form in the site is secured.
For additional details please review our privacy
Prospective lenders will evaluate your application information
to determine whether they are able to offer you a cash advance
However its not guaranteed that you will be approved for
a loan. It is also not guaranteed that you will be approved
for the amount you asked for which is a maximum of $1000.
Depending on your application the lenders will decide how
much loan should be offered to you.
Also it’s entirely up to you to reject/accept the loan
offered for whatever reason.
The operator of this website is not a lender and does not
make loan or credit decisions in connection with its loan
matching service. This service is not available in all states
and the states serviced by this website may change from time
to time and without notice.
Cash advance lenders typically do not perform credit checks
with the three credit reporting bureaus: Experian, Equifax,
or Trans Union. A cash advance loan will not affect your credit
score. However they may use Teletrack
- a non-traditional consumer credit information bureau to
know about your financial health.
If approved, read the terms carefully before
accepting the loan.
Do not accept the terms and the loan if you
are not comfortable with it. There is absolutely no obligation
on your part to accept the loan terms.
Pay your loan back on time to avoid any further
You must use payday loans wisely. Apply only
if you are in urgent need of cash and are unable to get it
from any other source.
Do not take a payday loan to gamble with
the money for example buying lottery, investing in stock markets,
or experimenting with derivatives.
Also please do not use payday loan cash to
lend money to anyone. They may not return the money and you
may have to payback the cash from your pocket.
NOTE: With a cash advance you can keep the money typically
for 14 days or until your next payday, though you will have
to return the money and the fee after 14 days. If for some
reason you cannot repay and want to extend the loan, its possible.
Lenders can give you another loan to payback the previous
loan. But you need to inform them in advance. This is known
as a Rollover. Please understand that a rollover incurs additional
fee. However our advice is that you return the money and the
fee on your next payday or as soon as possible even though
a rollover is possible. Payday loan rollovers are NOT recommended.
Payday loans are high interest loans and are meant to be kept
for 14 days only. If you keep the money for more days you
may end up paying a very high fee.
There are many payday loan companies online advertising
that they offer loans for 100 day, 90 day, 60 day or 30 day.
Please understand that not everyone gets a loan for 100 days,
90 days or whatever has been advertised. You may get a loan
for 100 days but that’s possible on a rollover which
means you will have to pay a fee to keep the loan for anything
more than 14 days. Payday loans are high interest loans and
should be returned as soon as possible.
Payday loans in 1 hour are also not possible. Right from
the time you apply to getting the cash will take a minimum
of 24 hours. You might be approved for a loan instantly but
to get the cash in your bank account it will take at least
Even though payday loans carry high interest rates, in some
situations they can be very helpful. Payday loans are not
necessarily as bad as people claim them to be. Here are some
advantages and disadvantages of payday loans:
If you have made a payment through a check to someone and
bounced from the bank because of non-sufficient
funds (NSF) - the fee the bank charges is much higher
than the fee charged by payday loan lenders. Here it makes
sense to apply for a payday loan and save the high cost of
bounced check fees. Its not just the bounced check fee - writing
a check with insufficient amount in bank is a criminal
offense. It's always better to avoid such legal hassles
and take a payday loan to avoid such legal problems. Click
here for state wise criminal laws in the USA for fraud
or bounced checks.
Other advantages of payday loans are emergency medical bill
payments (they can save a life), broken car repair (which
needs to be repaired immediately), school fee of your children,
paying rent, and any other unavoidable bill payments which
helps us to live life comfortably.
One last advantage that should be mentioned here is the no
hassle way of getting a payday loan. You can just apply online
comfortably from home, office or anywhere else and get a payday
loan the very next day with no hassle. Most payday loan companies
do not even require faxing any document. It's done 100% online.
Compare this to a personal loan by bank. You will have a real
though time filling applications and submitting documents
that the banks ask before approving a loan. And by the time
your loan will be approved, it may be too late. Moreover a
point worth mentioning is that the banks don't approve loans
as low as $500 in US. It just does not make business sense
to them. And the rates they give loans does not make small
loans profitable. Banks also do not give loans to people with
bad credit. So what do you do when you need a small cash loan?
You can either turn to a friend or apply for a payday loan.
In that essence its better to take out a payday loan to get
rid of the small problems of life rather than pondering over
the high fee of these loans.
The real disadvantage lies in the interest rate of these
loans. They are really huge. For example if you pay a finance
charge of $17.50 for a $100 loan in 14 days it comes to an
APR of 456.25%. Note that payday lenders call this a "finance
fee" and not "interest rate". Some lenders
may charge less and some may charge more, but if you are taking
a payday loan you have to live with this.
Late Payment and Non Payment Terms:
Not paying in accordance to the loan terms and conditions
of the lender you accept a loan from may result in:
- Additional Fees
- Collection Action
- Legal Action
- Negative information reported to credit reporting agencies.
APR and Repayment Terms:
Since we do not know your situation, we may not be able to
predict actual APR (annual percentage rate) and the repayment
terms. If you are approved for a loan, you will be presented
with the full terms and conditions of the loan, which you
may or may not choose to accept.
Remember our job is to search a direct lender to help you
get a loan. The lender may offer a rate that is negotiable
and also differs from person to person. Therefore it’s
very difficult for us to pin-point the exact APR.
Loan Renewal Policies:
Every renewal policy is different. The renewal policy will
be presented to you before you accept the terms. Please review
and understand the policy before accepting the loan.
We comply with state and local regulations related to short-term
loans. AdvanceCashCom.com provides its services in compliance
with Federal and applicable law.
Code of Practice/Policy on responsible lending:
AdvanceCashCom.com strictly follows the OLA (Online
Lenders Alliance) Responsible Lending Policy.