What exactly is a payday loan?
Payday Loans are simple short term loans which are not based on your credit. A payday loan is usually repaid on your next payday but the customer also has the option of making a minimum payment instead.
Is applying online safe?
Absolutely! When you complete and submit your application online it is done so in a secure environment. Our site uses a variety of security measures to maintain the safety of your personal information.
What are the basic requirements for getting a payday loan?
You must earn at least $1000 per month, be at least 18 years of age and a citizen of US, and have an active checking or savings account.
How long does it take to process my application?
When you apply online your application is processed instantly!
How do I get my money?
Customers are usually approved within hours of applying. Your money will be wired directly into your checking or savings account.
What if I have bad credit or a bankruptcy?
Not a problem! Detroit-Cash-Advance.Com does not require a credit report to qualify you for a payday loan.
Are there any application fees?
No! We do not charge a fee to apply online with Detroit-Cash-Advance.Com
Do I need collateral?
No. Your job and your paycheck act as your collateral.
How much is the finance charge?
The service charge on loans varies because of different loan rates. Before any money is transferred to your checking or savings account you will be informed of the service charge applied to your individual loan. You can also refinance your loan. Our rates are competitive and in compliance with all applicable state and federal laws.
When do I have to pay the loan back?
In most cases you will have to pay the amount owed on your next payday, if your payday comes sooner than 7 days, it will be the payday after that. The standard loan duration is no less than 7 and no more than 18 days.
Do I have to pay the loan back in full?
No. You have the option of refinancing your loan. If funds are not available at the time we debit, you will be responsible for full payment of principal and interest.
Bad Credit Refinance Loan - Bad Credit Refinance Loan, links and other info available. Free no obligation quote form.
