What is a Payday Loan or Cash Advance?
A payday advance provides you
with an unsecured, short-term cash advance until your payday.
Customers choose payday advances to cover small, unexpected expenses
while avoiding costly bounced-check fees and late payment penalties.
With UsaQuickPayDay you can apply for a payday loan online and
have your advance electronically deposited to your checking or
savings account.
What do I need
to be approved for an online payday loan?
You will be approved for a payday loan if you meet several simple requirements:
You must have an income of at least $1000 per month.
You must be employed at your current job for at least 3 months.
You must have an active checking account for at least 3 months.
Your paycheck must be direct deposited into your checking account.
You must be at least 18 years old.
You must not be delinquent on a previous payday loan.
What if I have bad credit?
Bad credit will not prevent you
from receiving a payday loan at UsaQuickPayDay. Our friendly
managers will work with you, even if you have already been turned
down by other lenders.
Is my
application and financial information secure?
We
respect our customer’s privacy needs in managing their personal finances. Our
site uses a variety of security measures to maintain the safety of your personal
information. All sensitive information transmitted between your browser and our
website uses 128 bit Secure Socket Layer (SSL) encryption technology
How much can I receive?
Your first UsaQuickPayDay loan is based upon the information you provide in your membership
application. After successful repayment of your payday loan, we may raise your
loan amount on any future UsaQuickPayDay loans.
When I will receive my payday loan?
Your application will be processed within 30 minutes, once it
has been received. When approved, you will receive your loan on the next
business day. Once you receive the loan, we will help you to schedule you
repayment dates so that you won’t have to worry about bounced checks or missed
deadlines.
How do I know that my loan has been approved?
You will receive an email notification once your loan has
been approved. UsaQuickPayDay reserves the right to make adjustments to
your loan approval until the time you receive the funds in your bank account
based on new information regarding your loan application.
When will my loan be due?
Your due date will normally be due on your next payday that
is between 8 and 25 days away. Each state has different rules and
regulations.
What if I can’t repay my loan on the due data?
If you can’t repay the full amount of your loan on the due date, you may be able to request a loan extension.
How are fees established?
Our fees are competitive and in compliance with all applicable state and federal laws.
Depending on the lender the fee can range from $25 to $30 per $100 borrowed. So if you borrow $300 the fee will be between $75.00 to $90.00.
