subject: Cash Advance Lenders - Get the Facts [print this page] Cash Advance Lenders - Get the Facts Cash Advance Lenders - Get the Facts
Looking for the best cash advance lenders out there? Not having much luck when it comes to finding the ones that meet your need? You won't have that problem, after you read the information in this article. Below, you will have a lot of your questions answered and will have a better insight on cash advance lenders.
Do cash advance lenders request fees from borrowers?
They do not require application fees from borrowers, but they do require interest fees based on the initial loan principal. The interest can be as low as 10% in some cases.
Can someone co-sign a loan for me?
Yes, but they will have to qualify based on the loan requirements. Before you decide to do this, it is best that you contact the loan company directly to explain what you are trying to do.
Will I need to submit credit card information?
No. The only information you will need to give the loan company is your checking or savings account info.
What is the approval rate for cash advance loans?
The usual approval rate is about 97%. The reason it is so high is because the loan requirements are so minimal. It doesn't take a whole lot to be accepted.
Will I have to fax information to the agency?
No. You will not have to send information via fax. All the information you send to the company will be via online. This is an easier process and is preferred by most.
Will I need to have a job?
Yes. You need to have a stable job, where you make at least $1,000 a month.
