Advance.Cash Loans in Huntsville (AL)

Advance.Cash Loans
This page provides a detailed overview of all Advance.Cash loans in Huntsville (AL), including lending terms, interest rates and customer reviews. Compare offers and choose the best loan product for your needs.
Offers: 1
Updated:
27.03.2024
13:49
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
0
300
650
1000
300.00 – 1400.00 $
Rate
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Interest rate

to 840.00 %
Term
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Loan term for the financial product

to 6 months
Apply

How to Apply for an Advance.Cash Loan in Huntsville (AL)?

  1. Visit Website. Once on the homepage, look for the "Apply Now" button to action to begin your loan application. This is usually prominently displayed on the site.

  2. Indicate the Amount. Enter the requested loan amount you wish to apply for. The maximum initial loan amount is typically up to $1,400.00.

  3. Select the State. Select your state from the dropdown menu provided on the application form. This is important as loan availability and terms may vary by state. Click on the "Apply Now" or equivalent button to proceed with your application.

  4. Provide Full Information. Fill out the secure, encrypted, and confidential online application form with your personal, contact, and financial information as requested. This step may include providing your name, address, employment information, and bank details.

  5. Wait for Approval. After submitting the application form, wait for an instant decision. Advance.Cash will inform you in seconds if your application is approved and for what amount.

  6. Verify Information. If approved, you may be required to give a quick call to verify some information. This step is part of their process to ensure the accuracy of the application details.

  7. Get Your Fund. Upon verification and final approval, get your cash. The funds could be deposited into your account as soon as the same day, depending on when your application is approved and your bank's rules.

Conditions and Requirements

Conditions

  1. Loan Amount. Applicants can apply for loans up to a maximum initial amount of $1,400.00.

  2. Service Availability. The service is available in multiple states across the United States. Applicants must select their state during the application process.

  3. Loan Term. The loan term, as well as the quantity and duration of installments, may differ for each borrower depending on the loan amount and other pertinent factors.

  4. Interest Rate. The exact interest rate depends on the state and loan amount and will be specified in the loan agreement. APR may reach 700% or higher.

Requirements

  1. Age and Residence. Potential borrowers must be at least 18 years old and a citizen of the United States.

  2. Online Application. Applicants must use the secure, encrypted, and confidential online process for application.

  3. Verification Call. If approved, applicants may need to complete a quick verification call to confirm some details.

  4. Bank Account. A valid bank account is likely required for the deposit of loan funds.

  5. Repayment Capability. Applicants should consider their ability to repay the loan amount borrowed. It's advisable to borrow only the amount needed and to repay the loan as quickly as possible to minimize finance charges.

Important

Keeping your Debt-to-Income (DTI) ratio below 30-40% of your monthly income is crucial. This will help you avoid potential financial problems in the future. Additionally, always assess the necessity and feasibility of taking a loan, ensuring you can comfortably manage its repayment.

How to Choose a Lender

  1. 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.

  2. 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.

  3. Carefully review all the terms and conditions of your payday loan contract.

  4. Thoroughly examine the interest rates on payday loans and ensure that your contract includes a detailed breakdown of the total cost of the loan.

  5. 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.

  6. Choosing a payday lender is a significant decision that demands careful consideration and a good understanding of how such organizations operate.

Additional Resources

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