Frequently Asked Questions (FAQ)

What exactly is a cash advance?

A cash advance is a small loan for $100 to $1,500, which exists to help you meet your monetary needs until your next paycheck. In essence, you are writing a check plus the interest on the loan amount, which will be taken out of your next paycheck. It is an advance, because you are getting the amount in advance of your paycheck date.

These cash advances are also known as payday advances, short-term loans, cash loans, fast loans, bad credit loans, fast cash, and deferred deposit, among other things. Whatever they are called, they can help get you out of a monetary dilemma.

AdvanceCash.info can help you find a cash advance supplier. We simply present your application to a huge network of companies who then compete for your business. The results show you the best options and allow you to receive the best deal. By looking for cash advance options via AdvanceCash.info, you can be assured that your application has been reviewed by the best in the cash advance business.

What are the requirements for a loan?

The minimum requirements for a cash advance are:

• You must be at least 18 years of age
• Be employed (or have another source of regular income)
• You must have an open active bank account

While these are the minimum requirements, there may be additional requirements with the lender from which you get your loan in which case you must be able to fulfill those as well. The particular lender will evaluate your situation based on your application, income, and credit rating. Factors ranging from income to state of residence, to credit history, to how you maintain the accounts you do have will affect the decision of the lender.

As soon as you submit the information on your online application, you are instantly connected to a lender who will evaluate how much loan you are eligible for. The lender to which you are assigned may ask for additional information depending on their requirements for giving cash advances. These particular lenders usually have a standard set of requirements, which will determine whether or not customers are eligible for more or less in loan amounts.

To best facilitate the acquisition and approval of a loan, it is prudent to enter accurate and honest information that can be verified. For instance, it may be better to enter a home number (land line), since many lenders will not accept information or grant approval for information that cannot be verified.

We will do our best to find the most suitable lender for you, though there is no absolute guarantee that the lender will approve your application.

How do I get a cash advance?

Just complete our simple online application and submit it, and we will connect you with a lender who will be able to give you a decision within minutes! After being matched with a particular lender, you may be required to sign electronically to the stipulations of the loan before being approved. There is, though, no obligation to accept the loan whatsoever. If you are not satisfied with the conditions of the loan, then simply apply again to receive information from another lender and different loan details.

In most cases, after approval and acceptance, funds are transferred to your bank account by the next business day. You will generally be able to choose the payment method, which will work best for you. All payments are made electronically to whatever bank account you choose.

How long do I have to pay back the loan?

Normally, the loan is due on your next pay date. But, many lenders will allow you to extend your loan's due date by paying some sort of fee.

Once you are matched with a lender, you will be directed to that lender's loan documents. There you will find further instructions as to what is required to complete the application process with that particular lender. Generally, you have the following choices:

• Do nothing and your loan will auto-finance
• Fully pay off your loan
• Pay interest and fees only and renew the loan
• Pay part of the interest and principal and renew the loan

If you have questions regarding repayment, contact your lender for further information.

How do I receive my cash?

Your lender will wire the funds directly to your bank account. AdvanceCash.info utilizes a huge network of lenders who can wire your money within as little as one hour after the completion of your application process.

How quickly can I get my money?

Typically, cash advance lenders will process your application immediately, so the funds will be available in your bank account usually by the next business day. Some lenders are able to wire funds to your account immediately. If you apply for a cash advance, you will receive the money on the next business day.

What hours is your service available?

Applications are accepted 24 hours per day, 365 days per year.

After the submission of your application to a lender, sometimes there is additional processing time required which can only be done during regular business hours in which case your money will not be wired until then. It is important to keep in mind the fact that lenders can only wire money to your bank account while banks are actually open.

You can submit your loan application any time of the day, any time of the week-24/7. Since we only match you with lenders who are working in real time, you are more likely to find one to meet your needs during regular business hours (Mon-Fri 8 am - 5 pm EST), as most lenders do not operate on weekends.

How do bank holidays affect my loan?

Federal Banks and their branches observe the following bank holidays:

New Years Day
Martin Luther King, Jr. Day
Presidents Day
Memorial Day
Independence Day
Labor Day
Columbus Day
Veterans Day
Thanksgiving Day
Christmas Day

When holidays fall on a Saturday, all Federal Reserve Banks and branches are open for business on the previous Friday. When the holiday falls on a Sunday, Federal Reserve Banks and branches are closed on the following Monday.

Your funds will be wired the following business day if your application is approved on a bank holiday. To confirm when the money will actually be wired, you should contact the lender directly, and contact the ACH department at your bank to confirm that the funds have actually been transferred.

How much money can I have advanced to me?

AdvanceCash.info can help you find cash advances up to $1,500, based on the information you provide on your online application. The lender you end up with may grant you a smaller amount until you have secured a good payment history with them.

What are the loan fees for the cash advance?

AdvanceCash.info deals with a network of different loaners. Fees vary from lender to lender which is how we are able to get you the best possible deal. We help you find the best different option.

What if I do not get approved by the lender you matched me with?

Despite the fact that we have the largest network of lenders available, we cannot guarantee that you will be approved for a loan. However, we do our best to pair you with a lender, which will optimize your chances of receiving a loan. But, because these lenders are independent, they have their own proprietary criteria for determining whether or not to approve you.

AdvanceCash.info is not involved in the actual processing of your loan application and does not have information as to the status of your loan. Be sure to contact your lender to determine the status of your loan application.

If for some reason you are not approved for a loan, you may re-apply by following our Returning Customers link on our website. We will then attempt to match you with another lender and give you another chance of getting the money you need.

What if my application is not matched with a lender?

Though we do offer the most comprehensive network of lenders, we cannot guarantee that the one with which you are paired will approve your application or not. If you are not matched with a lender, here are some strategies to increase the chances of getting a loan when you re-apply:

• Time of Day: A number of lenders do not accept applications outside normal business hours. Because of this, you may want to re-apply during normal business hours - Monday through Friday 8 AM to 5 PM EST.
• Direct Deposit: Many lenders favor applications in which the applicant's employer deposits paychecks directly to their account. If you do not have direct deposit, consider asking your employer about this and re-applying on our website.
• Outstanding Cash Advances: If you have too many outstanding loans or cash advances, some lenders are not willing to issue additional loans. After you have paid off your outstanding loans, feel free to re-apply for a cash advance.

What if I only have a savings account?

Several lenders we offer in our network will still send you funds even if you only have a savings account. Contact your bank in order to find out your routing number. This is necessary in order to route funds to your account from the lender.

What if I have a fixed income or benefits?

If you have a steady source of income, it doesn't matter whether or not it is a salary. Our lenders can still provide you with a loan. Simply provide your benefit provider's name in the employer's name section. If you do not know the number of your benefit provider, supply your own telephone number. For the number of months employed, enter the number of months for which you have received benefits.

What if I do not have a driver's license or state ID?

If you do not have a driver's license or other state identification, enter your passport number or social security number.

Does your company do credit checks?

AdvanceCash.info is not a lender and does not provide any credit checks at all. We attempt to match your application to lenders who will be favorable to your situation. Most of the lenders we offer do not provide traditional credit checks, but may use such services as CL Verify, TeleTrack, or DataX to verify your identity and past cash advance history.

Is this site secure?

You can submit your application securely by clicking "Secure Application."

Do I need to fax any information?

This application process does not require you to fax anything. But on the lender's end, you may be asked to submit a fax of personal documentation such as a pay stub, if they are unable to verify your application information.

I am ready to get a payday loan! Where do I go to apply?

Good! You can apply online today! Click Here to Apply Now!