| FAQ |
 |
|
| What is A Payday Loan?
Cash Advance? Short-Term Loan? |
|
|
|
| A cash advance, payday
loan or paycheck loan is a loan which helps
to alleviate small costs until the time of
your next paycheck. Its an unconfirmed and
short-term, which means you aren't subject
to the same interest and contracts as a long-term
bank loan or mortgage may require. Payday,
Paycheck or Cash Advances are here to avoid
a check bouncing, other late fees or penalties.
A payday loan usually has a maximum between
$1000-$2000 dollars and covers costs within
that range. |
|
|
|
| How To Qualify? |
|
| To become eligible for
a cash advance is more basic than trying to
obtain a more conventional form of credit
( i.e. bank loans, mortgage). Quicker Cash
Advance uses your job and payment history
as its main determining factor. We do not
do background or credit checks. However there
are certain requirements to our services |
|
 |
You must currently
have a job (or have a steady income) |
|
You must make minimally
$1000/month |
|
You must be at least 18
years of age or older |
|
You must be a U.S. citizen |
|
You must have a checking
account |
|
You may be subject to
other requirements which could apply |
|
|
|
|
| Note:
A history of bankruptcy, bounced-checks, and
other credit transgressions don't bar you
from receiving a Quicker Cash Advance loan.
That makes getting holiday cash or |
|
|
|
| How Long Does It Take? |
|
| One of the greatest thing
about our loan process is that it's fast,
sometimes approving customers within hours
of applying. However, we like to guarantee
ourselves at least one business day to complete
the process and wire money into your account.
|
|
|
|
| How Much Does Bad Credit
Effect My Eligibility? |
|
| Don't Stress! Quicker
Cash Advance does not use the credit checks
to qualify its customers. We use your work
and current pay history instead. |
|
|
|
| What is Considered Collateral? |
|
| Your job and your paycheck
is how we insure our advance. |
|
|
|
| Is Anything About My Bank
Account Required? |
|
| Currently, we only require
that your job direct deposit your paycheck
into your account. |
|
|
|
| Does An Application Fee
Apply? |
|
| Applying for a loan, is
a free service provided by Quicker Cash Advance |
|
|
|
| What about |
|
| Absolutely. We respect
our customer's privacy needs in managing their
personal finances. Our site uses a variety
of security measures to maintain the safety
of your personal information. All sensitive
information transmitted between your browser
and our website uses 128 bit Secure Socket
Layer (SSL) encryption technology. |
|
|
|
| How Do You Determine How
Much Your Loans Are? |
|
| Each state sets its limits
for Payday loans in terms of their maximum
quantity. With respect to this range, one
can be authorized for a loan relative to his/her
paycheck. |
|
|
|
| What Determines The Fees
Charged? |
|
| Quicker Cash Advance constructs
fees both competitively and within legal terms. |
|
|
|
| What Is The Loan Agreement? |
|
| The loan agreement is
a contract, which entitles all state and/or
federal admittance and regulations having
to do with the cash advance loan agreements.
It is a full synopsis on the conditions binding
payday and pay advance loans, as well as what
you with be subject to financially and regarding
the percentage rate (APR). |
|
|
|
| How Long Do I have To Payback
The Loan? |
|
| Typically, the payday
loan is repaid when you collect your next
paycheck. Seven days is the recognized minimum
time between loan and re-payment with a grace
period spanning no more than eighteen days,
without the threat of penalties. |
|
|
|
| What Happens If I Can't
Re-Pay My Loan? |
|
| If you find that you can't we
have so options for people who are unable
to re-pay their loans upon its maturity date: |
|
|
Paying the
finance fee and making a partial payment
on the principle on or before the maturity
date.** |
|
Paying the finance fee
on the maturity date.** |
|
**there may be additonal
terms, fees and conditions when adding
an extension to your loan. |
|
|
