These payday loans are quite similar to
any one of a hundred other ones. They will let you borrow up to
$500. It is due on your next payday or you can extend it until
the following payday by paying the finance charge.
The quickest way to apply for a loan with this company is to print their application,
fill it out and fax it with your most recent bank statement, your most recent
pay stub, and a voided check. They will also need your driver’s license
or state issued identification and a recent utility or other bill in your name
with your address on it to prove that the address you give them is correct. By
faxing all of these documents together you will speed up the process of receiving
the loan. If all of the verifying papers are faxed by 1 p.m. and can be confirmed
usually the loan can be deposited on the next business day.
They are not open on weekends and holidays so trying to get anything taken care
of on these days will not happen. They will be delayed until the next business
day. If you are approved they will contact you with a loan offer, however should
they decline to loan you the money you will receive a letter in the mail.
If you not have the money to pay off your loan in full when it is due, you can
extend the loan by paying the interest. This can be done four times after which
you will have to pay a portion of the loan plus the interest.
The requirements for this payday loan are about the same. They do require you
to have an open checking account for at least 6 months and your checks have to
have your name printed on them. They require that you can be contacted after
work and access to a fax machine. You cannot be a debtor in a bankruptcy case
or be considering declaring bankruptcy.
One of the advertisement strategies used by this payday loan company is focusing
on the privacy of applying for a payday loan. They know that some consumers are
embarrassed to have anyone know they are applying for one and it easier to run
into someone you know if you are actually going into one of the many payday loan
companies. So not only is it convenient to shop online for these items, but the
it can save you from running into that nosy neighbor and having your financial
problems become the talk of the neighborhood.
