- What is an installment loan?
- What are the requirements for approval?
- What are the Fees for Installment Loans?
- What if I have poor credit?
- How soon can I receive my loan?
- What documents do you require for me to fax in?
- How do I receive the loan, and how do I repay the loan?
- How do I know the amount you withdraw from my account is the amount you say?
- What is an A.P.R.?
- How do you determine the amount of money to loan me?
- Is my installment loan confidential and secure?
- How do you determine the due date?
- Can I pay my loan back early?
- What about loan requests on Friday or the weekends?
- In which state(s) are you authorized to provide me loans?
- Do you provide installment loans to military personnel?
Q: What is an installment loan?
A: A quick and confidential way to get a loan for up to a 12 month period of time. Borrow up to $2,000.00, for up to 12 months with biweekly or monthly repayment.
- Must have a checking account or savings account with direct deposit.
- Must have current job for at least 3 months.
- Valid state id or drivers license.
- Net income of $300 a week.
Q: What are the Fees for Installment Loans?
A: Fees are very competitive; they may very.
Q: What if I have poor credit?
A: No problem! Unlike many other financial intuitions, we do not require that you have good credit or, for that matter, any credit history at all. If you have any questions about qualifying please contact us.
Q: How soon can I receive my loan?
A: We can approve your loan application in a matter of minutes, after you send us the required documents. We can deposit funds into your account by the next business day. We release the funds from our bank within one hour of receiving a signed, completed contract during regular business hours.
- 2 most recent pay stubs.
- Most recent 30-day checking account statement.
- Valid driver's license or state ID.
- Voided check from checking account.
- Debit card (if applicable).
- Social Security Number (card if available).
- 5 references' names and phone numbers (people not living with you).
Q: How do I receive the loan, and how do I repay the loan?
A: When you apply for an installment loan, you authorize us to directly deposit the approved amount into your account. You also authorize us to directly withdraw from your account the same amount plus our fees.
Q: How do I know the amount you withdraw from my account is the amount you say?
A: Since we are authorized to use the Federal Reserve Wire System (example), we must abide by the NACHA rules and regulations that regulate our lending practices. The amount we withdraw from your account will be the amount that you have authorized.
Q: What is an A.P.R.?
A: An A.P.R. is the annualized percentage rate of your installment and retail loans.
Q: How do you determine the amount of money to loan me?
A: Based on income, time on job and other personal qualifications.
Q: Is my installment loan confidential and secure?
A: Absolutely, We transact all our loans on our secure SSL server, utilizing the industry's highest standard. Your nonpublic information is completely confidential and protected by our company privacy policy.
Q: How do you determine the due date?
A: Installment loans are based on your next pay date. Duration of loan will be determined by the date you take the loan out and your next pay period.
Q: Can I pay my loan back early?
A: Yes, there are no pre-payment penalties.
Q: What about loan requests on Friday or the weekends?
A: Loan requests on Friday will be the same as any other week day, but the money may not be funded into the account until the following Monday. Requests on the weekend will be processed the following Monday.
Q: In which state(s) are you authorized to provide me loans?
A: Currently, only Illinois, Wisconsin, and Missouri.
Q: Do you provide installment loans to military personnel?
A: No, not at this time.
