About King of Kash
King of Kash is a reputable financial services company headquartered in Kansas City, Missouri. Established in 1978, this company has expanded its operations to serve customers in multiple states. Specializing in affordable installment loans, King of Kash distinguishes itself from traditional banks, payday lenders, and title loan companies. With a focus on integrity and customer satisfaction, they have gained a solid reputation for providing friendly, honest, and convenient services to thousands of loyal customers. The company is fully licensed and regulated in every state where it operates, ensuring compliance with all relevant laws and regulations.
Key Features
-
Affordable Installment Loans. King of Kash specializes in providing more affordable kash installment loans, offering a flexible and manageable way for customers to access financial assistance.
-
Expansive Reach. With operations extending beyond Missouri, King of Kash serves customers in multiple states, making their financial services accessible to a broader audience.
-
Reputation for Integrity. The company has built a reputation for being a friendly, honest, and trustworthy service provider, offering customers peace of mind when seeking financial solutions.
-
Customer-Centric Focus. King of Kash prioritizes the customer's needs and satisfaction, aiming to provide exceptional service and convenience, making them stand out in the financial services industry.
-
Regulatory Compliance. The company is fully licensed and regulated in all the states it operates in, ensuring strict adherence to all relevant laws and regulations, giving customers confidence in their services.
Pros and Cons
Pros
Cons
Reliability
With a TrustScore of 4.6 based on 699 reviews, King of Kash stands out as a reliable and reputable financial services provider. Established in 1978, the company has expanded its reach beyond Missouri to serve customers in multiple states, specializing in affordable installment loans. It has earned a strong reputation for its integrity and customer-centric approach. The fact that King of Kash is fully licensed and regulated in every state where it operates underscores its commitment to adhering to laws and regulations, contributing to its reliability.
How to apply for a King of Kash loan?
-
Visit the Website. Start by visiting the official King of Kash website. There, you can find information about the types of signature loans they offer and the application process.
-
Complete the Online Application. King of Kash typically provides an online application form on their website. You'll need to fill out this form with your personal and financial information. Be prepared to provide details such as your name, contact information, employment status, income, and the loan amount you're requesting.
-
Submit Required Documents. Depending on the loan type and your specific circumstances, you may need to provide supporting documentation. Common documents include proof of income, identification (such as a driver's license), and proof of address.
-
Review the Terms and Conditions. Carefully review the terms and conditions of the loan, including interest rates, repayment terms, and any associated fees.
-
Approval and Funding. Once you've submitted your application and documents, King of Kash will review your information. If approved, the funds will be disbursed to your bank account, typically within a few business days.
-
Repayment. Make sure to understand the repayment schedule and make your payments according to the agreed-upon terms.
Conditions and Requirements
Conditions
-
Loan Repayment Plan. King of Kash will provide you with a specific loan repayment plan, including the number of installments and the repayment schedule. It's essential to fully understand and agree to these terms before proceeding.
-
Application Fees. King of Kash may charge an application fee, which is typically non-refundable. It's important to inquire about any associated fees and understand the costs involved in the application process.
-
Loan Amount Limit. The maximum loan amount you can qualify for may be determined based on your income, creditworthiness, and the specific loan product you choose. It's essential to be aware of any limitations on the loan amount.
-
Collateral Requirements. Depending on the type of loan, King of Kash may or may not require collateral. It's important to understand whether your loan will be secured by assets and the implications of this requirement.
-
Early Repayment Terms.While early repayment is often encouraged, be sure to check with King of Kash about any potential penalties or fees associated with paying off the loan ahead of schedule. Understanding these terms can help you make informed decisions about your loan.
Requirements
-
Age Requirement. You must typically be at least 18 years old to apply for a loan with King of Kash, as this is a common legal requirement for most lending institutions.
-
Proof of Identity. You'll need a valid government-issued identification, such as a driver's license or passport.
-
Income Verification. As part of the application, you will likely need to provide proof of income to demonstrate your ability to repay the loan. Different types of income, such as employment, self-employment, or benefits, may be considered.
-
Credit History Evaluation. King of Kash may not perform traditional credit checks, but they will definitely conduct a credit check as part of the application process. While they focus on providing loans to a wide range of customers, having a poor credit history could affect your eligibility or loan terms.
-
Residency Requirements. You may need to be a resident of one of the states where King of Kash operates to qualify for a loan from the company. Ensure that your state is within their service area.
-
Bank Account. You'll likely need a valid bank account, as the loan funds are typically deposited electronically and repayments are withdrawn from your account.
-
Contact Information. Provide accurate contact information, including your phone number and email address.
Ways to receive the money
-
Direct Deposit. This is one of the most common methods. The approved loan amount is electronically deposited directly into your bank account. You can access the funds as soon as they are deposited.
-
Paper Check. Some lenders may provide you with a paper check, which you can deposit or cash at your bank or a check-cashing location. This method may take a bit longer to access the funds compared to direct deposit.
-
Cash Pickup. In some cases, lenders may partner with local businesses or banks to offer cash pickup services. You can visit a designated location to receive the loan amount in cash.
Products
King of Kash offers a diverse range of financial products to cater to various customer needs. Their product lineup includes personal loans, providing flexible borrowing solutions for individuals, as well as lines of credit, offering ongoing access to funds when needed. Signature loans allow customers to secure loans with their signature as collateral, while online installment loans offer convenient digital borrowing options. For those seeking quick financial assistance, rapid cash loans and short-term loans are available, including same day loans for immediate needs. King of Kash also provides options for specific loan amounts, such as 500 dollar loans and 1000 dollar loans, ensuring that customers can find the right financial solution to meet their unique requirements.
Other Loans
Alternatives
NetCredit
NetCredit is a reputable financial services company specializing in swift loan disbursal and flexible terms. Their personal loans and lines of credit, with maximum amounts extending up to $10,000, offer borrowers financial adaptability. NetCredit has forged partnerships with esteemed institutions such as Republic Bank & Trust Company and Transportation Alliance Bank, Inc. (TAB Bank) to cater to customers in specific states, ensuring reliable and secure financial solutions.
LendingPoint
LendingPoint, a respected lender, offers personal loans ranging from $2,000 to $36,500. Their distinctive approach revolves around a deep understanding of customers that goes beyond traditional numerical criteria. LendingPoint has invested in proprietary smart technology, which rapidly assesses various aspects of an individual's financial situation. This innovative approach allows them to create precise borrower profiles within seconds, considering more than just credit scores and taking the broader financial context into account. By doing so, LendingPoint aims to provide tailored loan options that align better with each customer's unique financial circumstances.
World Finance
World Finance is a reputable lender offering a unique take on personal installment loans, specifically designed for individuals with less-than-perfect credit histories or no credit history. In many states, borrowers can access traditional installment loans, ranging from $450 to $10,000, with some regions offering loans up to $12,000. Unlike high-risk payday or title loans, World Finance's personal installment loans take the borrower's overall financial situation into consideration. They work closely with customers to establish fair monthly payments based on their ability to repay, endorsing responsible borrowing and sound financial management.
RISE Credit
RISE Credit, a reputable online lender, provides loans of up to $5,000. Their application process is quick and straightforward, allowing borrowers to receive funds in their accounts within one business day. With the flexibility to borrow on personalized terms, customers can choose payment schedules that match their financial preferences, although certain state-specific restrictions may apply to certain options. RISE Credit stands out with its 5-Day Risk-Free Guarantee, allowing borrowers to reverse their loans and repay the principal without incurring fees or interest if they change their minds within the specified timeframe. Additionally, RISE Credit provides customers with complimentary access to their credit scores and credit monitoring alerts through Credit Score Plus, offering valuable financial insights.
Editorial Opinion
Important
How to Choose a Lender
-
Make sure to confirm whether the lender is licensed to operate in your state. You can verify this information with your state regulator or attorney general.
-
Check if the lender is a member of a reputable association, such as the Community Financial Services Association of America. Membership in such organizations may provide an extra level of reliability.
-
Carefully review all the terms and conditions of your payday loan contract.
-
Thoroughly examine the interest rates on payday loans and ensure that your contract includes a detailed breakdown of the total cost of the loan.
-
Take advantage of your right of rescission. Usually, you can rescind the loan within three days after signing the agreement. Alternatively, there is typically a "cooling-off" period, which allows you several days to thoroughly review the contract before making an informed decision to enter into a consumer loan agreement based on the terms specified by the lender.
-
Choosing a payday lender is a significant decision that demands careful consideration and a good understanding of how such organizations operate.
Methodology
At Finanso, we've carried out a comprehensive analysis of over 100 lenders, assessing them based on 35 different parameters across six key categories: accessibility of loans, customer relations, quality of service, interest rates, and transparency of conditions.
In each category, we carefully considered the most critical factors in selecting a lender. These factors include the interest rates, available loan amounts, minimum credit score, minimum income, application fees, and the speed at which funds are transferred.
At Finanso, we highly value our users, which is why we also focus on the quality of customer service, user reviews, and additional features that can aid our users in making a well-informed decision.
Our ultimate goal is to provide insightful recommendations and expert advice to assist you in selecting a lender that best caters to your specific needs.
