Before you take out a no credit, advance loan you should definitely make sure that you have all of your questions answered. The following is a list of questions that many people have when they are applying for a loan the first time.
Who is eligible for this type of loan?
You must be 18 or older, have a regular income, have a bank account with direct deposit, and be able to provide us with a verified phone number and e-mail address.
Does it matter if I have poor credit or no credit history at all? ?
No. We offer our loans based on your ability to repay them. By this, we look at your income and employment. No credit check is required, nor do you have to put up any collateral.
What happens after I fill out the application?
Once you have submitted your application our lenders will look at it and determine whether or not you are eligible to receive a loan. This process is very quick and you should know within a matter of hours or possibly sooner.
What happens after I am approved?
You will then be presented with the terms and conditions of your loan. These will include the rates attached to the loan as well as the repayment options that we offer.
How much money am I able to borrow?
It will depend upon your own financial situation. Most loans are given according to the income that you offer on your application.
When will I have to repay the loan?
Full repayment is generally due by your next payday. If you are unable to repay the full amount at that time, you can have your loan rolled over or extended, but additional fees will incur.
How quickly will I receive the money once I apply?
You will typically get it by the next business day, although it’s possible that you could get it sooner.
How will I get the money?
It will be deposited into your bank account which is why having direct deposit is so important.
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