About Us:

If you're wondering how getting a cash loan online works, it was designed to be as fast and easy as possible. Over the years we realized that borrowers were becoming frustrated with the hoops they are made to jump through when applying for a loan at a bank or other large lender. Waiting in lines or having telephone conversations, complicated application forms, the faxing of lots of paperwork and documents, and waiting sometimes up to a week before the cash is deposited.

Borrowing online means everything is completed online and can be done so from your PC or any other internet connected device with a browser.

The whole process can take a matter of minutes.

Difference Between a Payday Loan and Installment Loan

Each situation is unique, sometimes you only require a few hundred dollars until payday and on other occasions you need quite a bit more. If you require an amount between $100 and $1,000 a payday loan is a good choice. If require an amount between $1,000 and $5,000, an installment loan will give you more time to pay it off.

Payday loans are a short term commitment that you must repay in full on the agreed upon date, usually 2 weeks after it was issued. This is based on the belief that you need the cash to tie yourself over until your next pay check arrives. This is ideal for monthly budget blunders and unforeseen expenses.

Due to the larger amounts involved, installment loans are repaid in regular installments over a longer period of time, much like a personal loan you would get from the bank. These are ideal if you require more than $1,000 and are able to commit to a longer term repayment plan.

Neither type of loan requires collateral.

How To Qualify

To qualify for either type of cash loan you need to be a legal citizen and resident of the United States who is over the age of 18. You must also be employed or self-employed with at least one month's wage history of $750 or more. To make the process more efficient you must also have a basic checking account the accepts third party deposits and withdrawals, allowing the lender to make the deposit and take the repayment(s).

Simple Online Process

To complete our simple online form you will can [go here] to get started. Here you will be asked to create an account with your email address and password, and fill out basic personal details including your name, home phone number, date of birth, address, and the amount you wish to borrow.

With this information we can then connect you with one of several lenders from our network, who will then require further details such as your employment status, social security, bank account details etc.

The whole process can be completed in as fast as 5 minutes, and the lender will consider your application even if you have bad credit. We can't say there will be no credit check, but it might not be the deciding factor. Likewise we cannot promise there will be no faxing, but if further verification is required, things will be processed in a fast and efficient manner.

Fast Approval

If you're looking for near instant approval, you will be happy to know that the system is completely automated. If you filled out the form correctly you will know as fast as 5 minutes if the lender has approved you, at which point you will receive an offer. The agreement will not be legally binding and no cash will be deposited until you digitally sign the contract. It is up to you whether you accept a lender's offer. You are free to walk away and apply again in the future, even if rejected.

Cash Within 24 Hours

We understand that those seeking cash loans may be in an emergency situation and require a fast cash deposit. Providing the information was correctly filled out and a lender has made you an offer, you could see the cash in your designated bank account in as fast as 1 business day. This excludes weekends, bank holidays and other occasions where banks are not in operation.

Automatic Repayment

Transactions are sent through the Automated Clearing House (ACH) network, which means when you sign the agreement you have granted the lender permission to deposit the loan and take the repayment(s) automatically on the agreed upon dates. This allows them to provide a fast and efficient service and means you do not have to remember to manually carry out any transactions. Of course this also means that you must ensure there is always enough cash for repayments to be made, else you could incur bank charges for going overdrawn and late payment fees if they are unable to successfully take the repayment.

As long as you have a regular checking account this should all go smoothly. Permission is granted when you sign the contract, you do not have to directly contact your bank.

Rates and Fees

Payday loans are issued with a single finance charge that must be paid on top of the principal on the date of repayment. Extra fees and interest are not applied unless you fail to make this repayment. Installment loans use a more traditional annual percentage rate (APR) model of interest that is applied to each installment.

Rates and fees may vary from customer to customer and are determined by your submitted information, the loan amount, the state where you are applying from and various other factors. All of this will be made clear in the lenders' offer and there are no hidden charges. You can go to the Rates and Fees page for further details on how cash loans work.