Cash Advance Select - Your Online Cash Advance Loan Advisor
Cash Advance FAQs
What exactly is a payday loan?
What are the requirements for a loan?
How do I get a payday loan?
How long do I have to pay back the loan?
How do I receive my cash?
How quickly can I get my money?
What hours is your service available?
How do bank holidays affect my loan?
How much money can I have advanced to me?
What are the loan fees for the cash advance?
What if I do not get approved by the lender you matched me with?
What if my application is not matched with a lender?
What if I only have a savings account?
What if I have a fixed income or benefits?
What if I do not have a driver¡¯s license or state ID?
Does your company do credit checks?
Is this site secure?
Do I need to fax any information?
I am ready to get a payday loan / cash advance! Where do I go to apply?
What exactly is a payday loan?
A payday loan is a small unsecured loan, usually for $100 to $1,500, which is designed
to meet your financial needs until your next payday. Essentially, you are making
out a check for the advanced loan amount, plus a fee, to be held until your next
payday.
Payday loans are also known as cash advance, short term loans, payday advances,
cash loans, fast cash, fast loans, bad credit loans, deferred deposit, and a number
of other things. No matter what you call them, payday loans can get you through
your financial crisis.
1-Hour-Cash-Advance.com is here to help you find a payday loan lender. We present
your completed application to our vast network of lenders and allow them to compete
for your business. By searching for a payday loan through 1-Hour-Cash-Advance.com,
you can be sure that your application has been reviewed by the leaders in the payday
loan industry.
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What are the requirements for a loan?
The minimum requirements for a payday loan are:
You must be at least 18 years of age
Have a job (or other regular source of income)
You must have an active open bank account
To be approved for a loan, you need to meet the requirements of the specific lender
with whom you are connected. The lender will evaluate your application and determine
whether you are eligible based on its own set of approval criteria. Factors such
as income, direct deposit of your pay, past payday loan history and state of residence,
may affect the approval of your loan.
Once you submit your completed loan application, you will be connected instantly
with a payday lender, who will evaluate your information. Your assigned lender may
contact you directly and ask for additional information in order to approve the
application. Payday lenders utilize proprietary criteria to evaluate applicants
and will approve your loan when your application matches their criteria.
In order to increase your chances of getting matched with a lender and ultimately
approved for a loan, please be sure to fill out our application with honest verifiable
information. For example, entering a cell phone number instead of a home phone makes
it more difficult to verify your information and many lenders will not accept applications
that cannot be verified.
We do our best to find a lender for you, but unfortunately there's no guarantee
that your loan application will be accepted.
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How do I get a payday loan?
Simply complete the online application and submit it from our web site and you will
be connected to a lender online within seconds.
Once you are matched with a lender, you may be a required to electronically sign
and agree to the terms of the loan. However, there is no obligation to accept the
loan. If you are not satisfied with the terms of the loan, simply do not sign it,
and apply again to find a different lender.
Typically the proceeds of your loan will be electronically deposited into your bank
account the next business day. You will typically have the ability to choose the
payment option that works best for you. All payments are made by electronic transfer
from your bank account.
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How long do I have to pay back the loan?
Your loan is normally due on your next pay date. However, most lenders will allow
you to extend your loan by paying a fee.
Once matched with a lender, you will be directed to your lenders loan documents.
Here you will find specific instructions as to what happens when your loan is due.
You typically have the following options:
Do nothing and your loan will auto-finance
Pay off the loan in full
Renew the loan and pay interest and fees only
Renew the loan and pay interest and part of the principal
Please contact your lender directly if you have repayment questions.
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How do I receive my cash?
The payday loan / cash advance is wired directly into your bank account by your
lender. 1-Hour-Cash-Advance works with a network of lenders, some of which can have
money in your bank account in as little as 1 hour!
How quickly can I get my money?
Payday lenders typically process the loan immediately so that it will be available
in your account the following business day after the loan is approved. Some lenders
can wire the money to your bank account immediately. If you apply on a weekend or
holiday, the money will be sent to you by your lender the next business day.
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What hours is your service available?
We accept applications 24 hours a day, every day of the year.
However, once your application is provided to a lender, sometimes its procedures
require additional verification which can only be done during normal business hours.
Please keep in mind that the lenders can only electronically deposit money to your
bank account on days when your bank is open.
You can submit your loan application to us at any time 24 hours a day 7 days a week.
However, since we only match you with lenders who are available to help you in real
time you may be more likely to find a lender during normal business hours (Mon-Fri
8 am ¨C 5 pm EST) since not all lenders operate on weekends and holidays.
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How do bank holidays affect my loan?
The following bank holidays are observed by Federal Banks and their branches:
New Years Day
Martin Luther King, Jr. Day
Presidents Day
Memorial Day
Independence Day
Labor Day
Columbus Day
Veterans Day
Thanksgiving Day
Christmas Day
For holidays that fall on Saturday, Federal Reserve Banks and branches are open
the preceding Friday. For holidays that fall on Sunday, Federal Reserve Banks and
branches are closed the following Monday.
If your loan is approved on a weekend or bank holiday, your funds will be sent the
next business day. You should contact the lender directly to confirm when the money
will be deposited and the ACH department of your bank to verify that the funds have
been credited to your account.
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How much money can I have advanced to me?
1-Hour-Cash-Advance.com will help you get up to $1,500, based upon the information
that you provide to us on the loan application. Your lender may offer you a smaller
loan until you establish a payment history with them.
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What are the loan fees for the cash advance?
1-Hour-Cash-Advance.com works with a network of lenders whose cash advance fees
are among the lowest in the payday loan industry. The fees will vary depending on
which lender you are matched with.
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What if I do not get approved by the
lender you matched me with?
While we have the largest network of qualified payday lenders on the internet,
we cannot guarantee that you will receive the loan you need. We do our best to match
your application with a lender likely to provide you with a loan. However, payday
lenders utilize proprietary criteria to evaluate applicants and may not approve
all accepted applicants.
1-Hour-Cash-Advance.com is not involved in the loan approval process and therefore
we do not have knowledge of the status of your loan. Please contact your lender
directly for loan approval status.
If you do not get approved for a loan with the lender you were assigned to, you
may re-apply by going to the Returning Customers link on this website. We will attempt
to match you with another lender.
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What if my application is not matched with
a lender?
While we have the largest network of qualified payday lenders on the internet, we
cannot guarantee that we can find a lender for you. If you are not matched with
a lender, here are a few suggestions to improve your chances if you chose to re-apply:
Time of Day: Many lenders do not accept applications outside of normal business
hours. You may want to re-apply during regular business hours ¨C Monday through Friday
8 AM to 5 PM EST.
Direct Deposit: Many lenders favor customers whose paycheck is directly deposited
into their bank account by their employers. If you do not have direct deposit, please
ask your employer to enroll you in their direct deposit program and then come back
and re-apply.
Outstanding Payday Loans: Many lenders will not issue payday loans if you
have too many current loans outstanding. Once you have paid off your other loans,
come back and re-apply.
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What if I only have a savings account?
We have several lenders in our network that can lend you money even if you only
have a savings account. Please contact your bank to get the routing number. This
is needed in order to electronically transfer the loan funds to your account.
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What if I have a fixed income or benefits?
As long as you have a steady stream of income, our lenders can provide a loan to
you. Enter your benefit provider as your Employer. If you do not have the telephone
number of your benefit provider, enter your own telephone number. Enter the number
of months you have been receiving benefits for the Months Employed.
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What if I do not have a driver¡¯s license
or state ID?
If you do not have a driver¡¯s license or a state ID, please enter your passport
number or social security number.
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Does your company do credit checks?
1-Hour-Cash-Advance.com is not a lender and we do not perform any type of credit
check. We try to match your application to lenders in our network in order to find
the right loan for you. Most of our lenders do not do traditional credit checks,
however, they may query various consumer databases, such as CL Verify, TeleTrack
or DataX in order to verify your identity and review your past payday loan history.
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Is this site secure?
You can submit your application securely by clicking "Secure Application".
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Do I need to fax any information?
No, the application process does not require faxed documents. However, your lender
may ask you to fax over certain information, such as a paystub, if they are unable
to verify information in your application.
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I am ready to get a payday loan / cash advance!
Where do I go to apply?
Great! You can go to our online loan application and sign up today!
Click Here to Apply Now!
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