Rapid Cash Advance Reviews
Rapid Cash Advance is a state-licensed and regulated lender providing simple and prompt payday advances despite your credit rating and with utmost confidentiality. By extending area-based services to residents who are overlooked by conventional banks, this company has been able to grow a respectable reputation and loyal clients. A full line of attractive services, sensible fees, secure environment and warm customer service all work hand-in-hand to create an excellent business opportunity.Website:https://rapidcashonline.com
Rapid Cash Advance was founded in 1995 with an endeavor to advance financial services to citizens in Orlando, Florida. The company availed title loans known as Express Title Loans to residents in 9 locations.
They opened more stores and began providing further services, switching its name to Rapid Cash. It has since become one of the largest companies in Florida offering payday loans. Currently, the lender operates from 12 hubs in Central Florida that include the Orlando and Tampa areas.
The company believes in lending a hand to people faced with money emergencies, so they help them stay afloat even during stingy financial states.
High among the perks of the company is that you don’t need a good credit score or history to borrow. Rapid Cash will accommodate you even if you have a bad credit rating.
Their payday cash advances are for anyone who wants to borrow small amounts of up to $500 and pay back within a couple of weeks.
Their application process is also a simple, easy and snappy one. The first step will be to complete the cash advance application through their website.
Company officials will review your on-line request and send a pre-approval notification. They’ll also request you to present copies of a couple of vital official documents.
- Your valid and state-issued identification or driver’s license.
- Your social security card number.
- Your latest, appropriately-signed bank statement.
- Up-to-date paycheck stubs.
After submitting all the needed documents, Rapid Cash Advance officials will evaluate them and advise you shortly. The notification email will confirm the status of your loan request and the total amount of loan passed.
Rapid Cash Advance says that they don’t use your credit score to decide whether or not you qualify for a loan from them. However, they do check your credit. However, on their website, they reveal that they may, at their discretion, use Teletrack to view the history of the check.
If you present your online application and essential documents immediately, you’ll get the cash you need the same day.
The company sends you an email carrying the necessary information such as the total amount you are qualified for and how to obtain it. To be eligible for a short-term loan from Rapid Cash Advance, you must meet these simple requirements.
- You must have been a resident in your current area for at least three months. You’ll need to produce proof of physical address
- You need to have worked at your current job for a minimum of 3 consecutive months.
- You must have an active checking account–one that’s been running for the past three months.
- All the checks you get from your current employer must bear your official names (printed).
- Your prior short-term loan must be paid in full before going for an open advance.
- You must be at least 18 years old (official documents are required to provide proof of your year of birth).
- You must have access to a stable internet connect–you’ll need it for loans application and subsequent email correspondence.
The lender’s easy loans application can be completed online or in their physical stores in just minutes–a great thing if you need a cash advance to cover an urgent money situation.
If you choose to apply online, you can do so on their official website 24-hours a day.
Once your application has been approved, you will be noticed through phone and email. You will have access to the funds you are eligible within 24 hours or less.
The amount you can obtain for payday loans goes up to $500. Then you’ll have a loan repayment period varying from 7 to 30 days.
Rapidcashonline.com advances money up to 14 days or until your next payday. But, in some cases, you may qualify for extra days. This will be determined by them.
The fees for payday advances are usually compared to long-term loans. Still, the cost of borrowing these loans is counterbalanced by the ability to get money for emergencies inside of 24 hours.
Their application form contains an APR Disclosure that describes the fee amount you need to return for specific cash advances. Also, they have published a chart showing the fees and yearly percentage rates of their short-term loans.
In fact, though, Rapid Cash Advance’s fees are the lowest you can get; they charge a “10% plus $1” verification fee.
The total amount you will pay the company as verification fee will fluctuate depending on the total amount of funds you plan to borrow. For example, for a $100 cash advance, you will pay $11. They have also stated on their site that first-time lenders get interest-free loans. You need to contact them to find out whether you eligible for an interest waiver.
Besides payday loans, the lender also provides auto equity loans. If you don’t have a job, you can get quick cash for your emergencies from the equity in your motor vehicle and you keep driving.
You don’t need a good credit or meet stringent requirements for a traditional bank loan. The lender provides a quick and easy solution for Florida residents who need quick money with their bad credits.
Rapid Cash Advance approves loans application fast. If your application is approved, the lender will put money on the table within a few hours not later than the day of application.
Their website is easier to navigate. There are no up-sales or adverts to distract you. Moreover, their application process is straightforward because you are required to fill a simple online form.
Company is based in Orlando, Florida. It operates in 12 centers across Central Florida including Tampa and Orlando areas. Costumers can find offers in their state with nation21 loans
At the time of writing this article, the lender did not have any active promo codes.We will update you as soon as we get any running promotions. Make sure you get back to this page in future to check if these promo codes are available.