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Cash Advance has a very easy payday loan request process. You fill out the simple online form, and within seconds you can be approved and waiting for your cash to arrive. And with over 400 lenders in their payday loan network, many companies will review your information, meaning you have a greater chance of being approved than if you were to visit one lender directly.
The payday loan request process is both quick and entirely online. Cash Advance doesn't require you to fax or send any documentation in with your request form. All the information they need is what you provide on their website.
Cash Advance supports payday loans up to $1,000. Regardless of whether you've had recent problems meeting your bills, Cash Advance can still help you get the cash you need - no questions asked. This also eliminates any negative impact that can occur with checks of your credit history.
Once approved, your lender conveniently delivers your cash into your checking or savings account by direct deposit. This means that they will automatically send your money into your account, usually within one business day of your approval.
Another feature we really liked about Cash Advance is all the helpful financial information they provide on their website. Under the Your Finances section, you can find guides on a variety of money management, life planning, smart spending, and family finances. They also offer an account center for their customers, which gives you the ability to easily re-request a loan, check the status of an existing request, and more.
Cash Advance boasts an easy request process, with no faxing and no paperwork hassles. Electronic delivery of your money is usually within 1 business day and is not dependent on your credit history whatsoever. Plus, Cash Advance has been in business for over 15 years. If you need a payday loan fast with low fees and no stress, Cash Advance is an excellent choice.
Securaloan wants to connect you with their lender network for payday loans ranging from $100 to $30,000. The first step in their process is to fill out the short "Qualify Now" form, where you'll enter your credit score range, zip code, monthly income, and whether or not you're active military. From there, you'll be taken to a more lengthy application similar to other services we reviewed: you'll need to give them your contact information, Social Security Number, banking information, and so forth.
From there, you'll be taken to a lender offers page where you can see how much you qualify for, along with any terms and conditions specific to each loan offer. Because they're not an actual lender, Securaloan can't tell you exactly how much to expect in terms of interest rates, but their FAQ does state that their partners typically charge anywhere from 9% to a whopping 1200% APR.
When we tried calling the toll-free number in the "Contact Us" section, the automated system identified itself as the "Cash By Phone Network". It took several tries before the system would accept our zip code for verification; once we did get our location verified, we were told that no loans were available in our area.
We tried a zip code from a different area and were asked several automated questions; once we said that no one in our household was active military, the recording said "We cannot help you at this time". Given that we said that yes, we had a current source of income and we were 18 or older, we're not sure why not being active military would disqualify us from their process. We entered the same information in the online "Qualify Now" form and were taken to the detailed application. This inconsistency is troubling.
Then, when we looked up the mailing address provided in the "Contact Us" section, it came up as being the address both for a business called LeadStudio and for Alliance Capital Funding Network. While many businesses operate under different names, Securaloan doesn't make it easy to verify that they're on the up-and-up. We wouldn't feel very secure entering our personal information, such as a Social Security Number or bank information, unless we were assured that the lender was legitimate.
The only positive we found on the Securaloan site is the Financial Fundamental Tips section. For people who are struggling to make ends meet - as is the case with many people who need a payday loan - there are some useful suggestions regarding budgeting, credit scores, and being in control of one's finances.
For people who need the quick help offered by payday loans, having a lender they can trust is extremely important. However, Securaloan does not do much to establish that kind of trust, and for that reason we highly recommend that you consider a payday loan provider with a stronger reputation.
To help you find the Best Payday Loans, TopConsumerReviews.com provides you with an in-depth comparison of Cash Advance and Securaloan.
Payday loans provide a much-needed service to millions of people. There are many times when short-term debts outrun the ability to pay. In times like this, a payday loan (a loan against a future paycheck) can provide the cash necessary to meet those needs.
The advantages of payday loans are many. Often they don't require a credit check from the major three credit bureaus. The best payday loans offer amounts that can range from a few hundred dollars to $1,000. And you receive your loan very quickly; sometimes as soon as tomorrow.
Drawbacks? Payday loans typically charge service fees that are greater than traditional loans. These service fees can range from $10 to $30 per $100 loaned, and sometimes even more. Many states have regulations stipulating the amount of service fees that can be charged. Obviously, the best payday loans are meant to address quick cash needs, and should not be used as a long-term solution.
Still, in order to meet short-term obligations, payday loans can provide a fast and easy solution. When evaluating different payday loans, there are certain factors you want to consider. Some of these include:
TopConsumerReviews.com has reviewed and ranked the best payday loans available today. We hope these reviews help you meet your short-term financial needs!
What to Look For in a Payday Loan
When searching for any type of loan, including payday loans, there are a number of factors to consider. Although fast cash payday loans are different in some respects, they are very much like any other loan in that convenience, cost and quick replies are essential. With that in mind, this article is designed to give you an accurate and detailed look at some of the factors to look for when choosing where to submit your application for payday loans.
Payday loans offer quick cash for those who need it and, best of all, they are available almost immediately. These types of loans help those who may be faced with life's unexpected events, expenses or are just running short on cash and need a helping hand until the next paycheck rolls in. Whatever the reason, payday loans provide a valuable service and it's important to know what to look for and how to choose the right lender for you.
Payday Loans In The News
Payday loans target consumers with no credit or low credit scores. These high-interest loans promise fast cash until the next paycheck comes in, but oftentimes they create dangerous cycles of new loan...
Published: Sun, 09 Dec 2018 22:38:00 GMT
KANSAS CITY, Mo. - A startup that launched in Kansas City as an alternative to the payday lending industry has been awarded a $1 million grant to expand its services. The Rockefeller Foundation and Ch...
Published: Sat, 08 Dec 2018 12:14:00 GMT
(RNS) - Anyra Cano Valencia was having dinner with her husband, Carlos, and their family when an urgent knock came at their door. The Valencias, pastors at Iglesia Bautista Victoria en Cristo in Fort ...
Published: Tue, 13 Nov 2018 08:06:00 GMT
NEW YORK - Americans take out roughly $50 billion in payday loans a year, each racking up hundreds of dollars in fees and interest. But a small and growing service that allows its users to take an adv...
Published: Sat, 10 Nov 2018 21:29:00 GMT
Payday loans are in the cross hairs on this year's ballot. Proposition 111 would limit interest rates to 36 percent on loans that are often advertised as quick-fixes or one-time deals for emergencies. ...
Published: Thu, 18 Oct 2018 16:35:00 GMT
TUPELO "¢ A recent survey by CNBC Make It/Morning Consult found that millennials may be taking out or considering payday loans more than ever, but poverty may be a factor closer to home for Mississippi ...
Published: Sat, 03 Nov 2018 22:56:00 GMT
U.S. Bank says it will offer nearly instant small loans to its customers, becoming the first bank to provide such a product since federal regulators cleared the way earlier this year amid continuing c...
Published: Tue, 11 Sep 2018 14:41:00 GMT
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