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Approved Cash Reviews

Established in 2004, Approved cash advance is a payday and installment lending company specialized in title loans, payday loans and check cashing. Their loan processing is fast and simple because they believe in getting you the money you need, quickly. The company operates in six states in 186 locations. The company lives by its slogan stating, “Always Easy, Always Approved”. Website:www.approvedcashadvance.com

Approved cash is an online lending company targeting borrowers with bad or no credit scores. They provide borrowers with a better and cost effective alternative to the high cost of applying for cash advances with credit cards or extreme bank fees on bounced checks.

Company’s goal is to get you cash, fast. They have made the application process very easy to advance you cash in the shortest time possible. Their clients come first and the company is committed to delivering the best service.

To get a loan, you can apply online, at any of their physical locations or get prequalified by calling their contact numbers. The exact services offered vary in different states so you have to check online or in the stores within your state.

Approvedcashadvance.com believes you shouldn’t have to pay penalties to cater for life’s little emergencies. They are concerned about helping you keep your hard earned money. Their loan processing fees are competitive and comply with federal and state laws. Their aim is to provide the best service at the most reasonable fee.

The available maximum advance amount is determined by state law. Within this authorized range, your current income is used to determine the particular advance amount you qualify for. This means that you may not always get your desired amount, because they consider your ability to repay.

When you take a loan with Approved cash, they don’t obtain your credit report. In fact, they don’t require your credit to be good or for you to have any credit history, to apply for a loan with them. They are connected to a risk assessment service which informs them whether your payments are current or not. This service also provides them with information on whether you have unresolved cash advances with any other companies.

To receive a loan, you begin by filling out the application and then getting approved. After submitting your application, you are required to write a check for the total amount you need from your checking account. Since this check covers your full loan payment, you are then advanced the cash you require. This check is held until your next payday when it is deposited to collect payment.

It is mandatory for borrowers to sign a loan agreement. This specifies the amount of money requested, the loan APR, the fees and interest rate charged on the loan and the repayment terms. Company will not bring any criminal action against you for defaulting or missed payments. If necessary and appropriate, to collect on your past due accounts, they may be forced to seek civil remedies.

Approved cash advance aims to keep the loan application simple. Therefore, the minimum requirements to qualify for a payday loan are,

  • Driver’s License
  • Your checking account statement up to date
  • Proof of Social Security
  • Your most recent income statement
  • A blank check

With operations in seven states and growing rapidly, Company is a licensed payday and title lender operating within the United States. Their loan application is easy and quick with a fast turnaround time. You can either apply online, on phone or at any of their physical locations. Calling on the phone gets you prequalified for a loan.

The company targets borrowers who have a bad credit score or none. They will not obtain your credit score from anywhere and what they do is check if you have any other pending loans and whether you are paying well. For your loan funding to be disbursed, you are required to write a check from your personal account covering the entire loan amount.

The company aims to be transparent and to this effect, you will be required to sign a loan contract stating your total loan amount, the APR, fees, interest rate and payment terms. In case you miss your payments or default, organization seeks to collect past due accounts in the most professional, and lawful manner possible.

If a check written against your account bounces, the company will charge for the returned check as permitted by the applicable state law. You will be solely responsible for full account payment in addition to the returned check charge. If deemed necessary, the account may be surrendered to a collection agency.

Rolling over or renewing your advance is only allowed if you reside in a state that permits it. Even within such states, the rollovers are limited by CFSA member companies to four or the permitted state limit. The choice being whichever is less. Borrowers should carefully evaluate the benefit versus full cost of rolling over an advance.

Fees

Approved cash advance believes that their payday loans are a superior and cost effective alternative to credit card advances or severe bank fees. They consider their fees as competitive and complying with the necessary laws.

It is no clear just how much company charges for their loans as there is no information provided on the website. The payday loan payment includes the amount you apply for, the APR, interest rate and other loan fees.

Borrowers may have to call 888-227-4758 and speak to a representative to obtain this information. Alternatively, you can choose to visit any approved cash center near you and speak to a center manager.

Approved cash advance believes that their payday loans are a superior and cost effective alternative to credit card advances or severe bank fees. They consider their fees as competitive and complying with the necessary laws.

It is no clear just how much company charges for their loans as there is no information provided on the website. The payday loan payment includes the amount you apply for, the APR, interest rate and other loan fees.

Borrowers may have to call 888-227-4758 and speak to a representative to obtain this information. Alternatively, you can choose to visit any approved cash center near you and speak to a center manager.

  • A fast, simple application process
  • Loan application online, on phone or at any physical store
  • The company will not obtain your credit score and you can borrow even with a bad score
  • Borrowing from a transparent company where you sign a contract with full details of your loan
  • Capacity to obtain a loan based on your current income
  • In case of payments missed or delayed, you will not be harassed and where the state law allows, you can roll over or renew your advance payday loan

Approved Cash is an online lending company that operates in seven states and also has 186 physical stores. The states they operate in include, Michigan, Alabama, Oklahoma, Mississippi, Louisiana, Virginia and South Carolina.

There are no discount codes with company

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