Can We Help You?
If you are still wondering how our service works, read through the questions and answers below to get a better understanding.
What is a cash advance loan and how does it work?
When you are between paychecks but you’ve run out of money, a cash advance could provide enough funds to see you through to your next paycheck. They are short term loans that are meant to cover unexpected or emergency expenses. You can find out more when you send your online inquiry form to us at Express Cash Advance.
What is the most I can get when I ask for a cash advance?
Your lender will take several factors into account when determining the amount of money you can get. This could include your monthly income and expenses you might have. Depending on what state you live in, there could be other rules and restrictions as well as maximum loan amounts.
When I get a cash advance, how much interest will I need to pay?
The interest rates on a cash advance vary from one state to another. Every state can set different amounts and impose their own restrictions. While the rates may be higher than other types of loans, a cash advance can be a good solution for certain situations.
Will I need to show any documents when I ask for a cash advance?
Various lenders can ask you for different documents, but the standard requirements are:
• Valid photo ID or driver’s license
• An active bank account
• Statements showing your source of income
• Verified email address
How will I need to repay my cash advance?
Go over the terms written in your loan agreement that you signed. Lenders vary on the way it’s paid, but it can be a direct withdrawal from your bank account. Other lenders prefer that you go to a specific retail store and make the payment with cash or a money order. Talk it over with your lender to find out your options.
What happens if I make my payment late?
First you should reach out to your lender as quickly as possible to discuss what happened. If you made the payment but it was after the due date, there will be a late fee involved. The amount a lender can take for a late penalty can vary from state to state, so you should check out the rules where you live.
I’m afraid I won’t be able to repay my loan. What would happen in that case?
Lenders have a legal right to collect the debt if you don’t pay it back. Sometimes a lender uses an in-house collection team but they can also turn your case over to a collection agency. If you can’t or won’t pay your loan back, you should try to work it out with your lender.
How can I keep my information safe?
At Express Cash Advance your security is our priority. We use advanced SSL technology that encrypts your private details so that no one else can see them.
How would I know if I get a fraudulent offer for a cash advance?
Now that you know how these loans work when you contact Express Cash Advance, you are aware that we do not ever ask you for money up front. If anyone ever contacts you to say you’re approved for a cash advance but you need to send them money first, don’t get involved. They might ask you for a “good faith deposit” or to send processing fees through a debit card so you can get your money. This is not how an honest lender works. To be safe and secure, send your inquiry form to us at Express Cash Advance – we will take good care of you!