Fast Loan 101 (FAQ)
What is a fast loan?
A fast loan is a quick convenient alternative for those inh5iduals who have bad credit or no credit, can’t get a loan by traditional means, or simply need some quick cash to get them through until payday. Fast loans are perfect for emergency expenses such as large purchases, sudden car repairs, or unexpected medical bills.
How does the fast loan process work?
Fast loans are small unsecured loans, $100 to $1000, meant to meet a financial shortfall until you get paid. Basically, you make out a post-dated check for the loan amount plus a small finance fee. If your fast loan application is approved, you could have your money in one hour!
We process fast loan applications 24 hours a day, 365 days a year. While we work with a comprehensive network of payday loan lenders, we cannot guarantee you will matched with a lender. To ensure you have the best chances of a match, it’s a good idea to apply Monday through Friday, 8 am to 5 pm.
Remember that the majority of fast loan lenders prefer if your paycheck is directly deposited into your account. Some states will not allow more than one outstanding payday loan at a time so you may need to pay off the other loan(s) and then reapply.
We are not a payday loan lender so we do not perform credit checks. We simply match your application to our extensive fast loan lender network in order to find the best payday loan for you. If you have bad credit, no credit, or even bankruptcy, you can still get a fast loan.
What are the fast loan requirements?
In order to pre-qualify for a fast loan you must be 18 years or older, a US citizen, have a valid checking or savings account, receive a regular income and/or monthly income of at least $1,000, and not be active-duty in any branch of the US military.
Should I use your service to get a fast loan?
If you are able to answer “no” to any or all of the following questions, you may want to consider fast loan.
- Can you avoid paying a non-interest bearing bill?
- Can you borrow money from a family member or friend?
- Can you lower your regular monthly expenses?
Using a fast loan service often could be a sign of other budget problems or serious financial difficulties. You may wish to seek help from a knowledgeable debt management program such as the National Foundation for Credit Counseling at 1-800-388-2227.
Above all, you should always remember to borrow responsibly!
