Privacy & Security

Delaware Cash Advance

Cash advance lenders have experienced much controversy in the state of Delaware. Some consumers and businesses are in favor of cash advance lending, while others are against it. Some of the major banks in the state have been gradually discontinuing the cash advance loans in the state. This trend leads consumers to believe that cash advance lending is practically nonexistent in Delaware. Nonetheless, there are still ways for you to receive a cash advance.

Laws Pertaining To Cash Advance Loans In Delaware

Cash advances are still legal in the state of Delaware in spite of all the controversy. All this controversy and debate has had a negative impact on the industry. An example of this is what took place in 2005. After eight years of association with cash advance lending agencies, the County Bank decided to end that relationship. The state of Delaware has cash advance laws in place that are similar to laws in other states where cash advances are legal. Each Delaware cash advance location is required by law to post a schedule of all fees for each cash advance loan. The lending agency is required to make transaction fees available online, so consumers applying over the phone can view them. Furthermore, the lending institution is required to make the consumer aware of the fee structure. The way in which these fees may be charged can vary from lender to lender. Lenders can compute the fees daily, weekly, monthly, or even yearly. However, the terms must be stated in the contract. Currently, there are three cash advance lenders doing business in Delaware. You can still apply and obtain a loan if you run into financial difficulties.

Delaware residents who find themselves in difficult financial situations can come to us to obtain the cash you need. As a lending business, our mission is to serve Delaware residents, as well as anyone else living in the United States who may need a cash advance loan. We make short-term loans available to our customers who need cash right away. You can pay back the loan with your next paycheck.

Our customers are often amazed at how quickly the funds are made available to them when they apply for a cash advance loan with our company. We gladly assist residents in Delaware to pay their bills promptly, so they don't have to wait until the next paycheck. Regardless of the reason for needing cash fast, we are here to assist you. Whether you need to pay bills or do home repairs, you can count on us for your financial needs. Simply visit to find out how easy and convenient it is to request and receive a Delaware cash advance loan through our company.

All you need to get a cash advance loan through our agency is a few minutes of your time. You will be surprised at the simplicity of our application process and at how fast you receive the funds. The privacy and security of your information is of utmost importance to us. We guarantee a secure and easy online experience. Visit today and get the cash advance you need and deserve.

Delaware is one of the few states that does not have cash advance lending laws. Currently, a resolution is in the works to regulate the terms and restrictions on cash advance loans. If this resolution is approved, consumers will have up to 60 days to pay back a cash advance loan. Nonetheless, this law will only affect loans under $500. Under this law, if a loan is secured by a lien on a vehicle, the loan may not be under or equal to $3000. This law will also apply to cash advance loans with a repayment period of 180 days or less.

This legislation is known as SB203. It is an amendment to current Title 5 of the Delaware code. Title 5 deals with licensed lending institutions operating in the state of Delaware. It regulates all the laws regarding all banking activity.

Delaware has taken measures to reduce or eliminate fraud related to cash advance lending. One measure the state has taken is to require a thumbprint in order to cash a cash advance check. The customer places a thumbprint on the back of the check instead of endorsing it. A signature can be forged, but a thumbprint is unique. No one can reproduce a thumbprint. This measurement has proved successful in reducing fraud by 63% in check fraud reported by lenders in the state of Delaware.

Employment Statistics For Delaware

The unemployment rate in January 2006 for Delaware was 4.3%. In 2005, the unemployment rate was 4.5% for the same month. The unemployment rate has been stable over the past decade. Its fluctuation has been within a two-point difference.

Delaware Cash Advance - Cities

Bear Georgetown Millsboro Seaford
Bridgeville Harrington Milton Selbyville
Claymont Laurel New Castle Smyrna
Delmar Lewes Newark Wilmington
Dover Milford Rehoboth Beach