About Lender
Rapid Cash is a trusted financial service provider offering cash advance loans to help customers with their immediate financial needs. With a simple application process they get you the funds you need fast. They are fast, confidential and easy loans, and put customers first by making the whole process from application to funding seamless. That’s why they are here to help you through short term financial stress.
They offer payday loans and installment loans to help with unexpected bills or avoiding overdraft fees. The loan options are flexible so Rapid Cash can adjust to your situation. For quick financial relief most of customers get funds within 24 hours, same day funding available under certain conditions. That’s why Rapid Cash is the go to for immediate financial help.
Key Features
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Fast and Simple Application. The company says their application process is quick and easy and can be done online or in-store.
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Multiple Loan Options. The lender offers payday loans, installment loans and title loans so you can choose the loan that suits you best.
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No Credit Check. Rapid Cash doesn’t do a credit check to approve a loan so it’s open to borrowers with bad credit.
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Secure and Confidential. Rapid Cash uses encryption technology to protect your personal and financial information and has strict confidentiality standards.
Pros and Cons
Pros
Fast Cash. You can get cash fast when you need it, for unexpected expenses or financial emergencies.
Multiple Loan Options. Rapid Cash offers payday loans, installment loans and title loans so you can choose the loan that suits you best.
No Credit Check. The company doesn’t do a credit check to approve a loan.
Flexible Payment Terms. The lender has flexible payment terms depending on the loan product to help you manage your cash flow and pay on time.
Cons
High Interest and Fees. Rapid Cash loans are high interest and fees so it’s expensive to borrow.
Short Payment Terms. The loans have short payment terms so it’s hard to pay on time and avoid extra fees and charges.
Debt Cycle Risk. If you can’t pay on time you may get stuck in a debt cycle and need to take out another loan to pay the original loan.
Limited Availability. Loans by Rapid Cash are not available in all states so some borrowers may not have access to their services. Actually they only have 2 locations.
Reliability
State Regulation Compliance. All loan offerings are subject to state regulations, eligibility and approval, so the services offered are in line with legal requirements and ethical lending practices.
Confidential and Secure. The application and funding process is designed to be confidential and secure to protect your personal and financial information.
Customer Service Support. Rapid Cash has a friendly customer service team to assist with the loan application process, personalized support to ensure customer satisfaction and to finalize loan agreements fast.
No Reviews. The company doesn’t have pages on Trustpilot is not accredited by BBB so take that into account.
How to Apply for a Rapid Cash Loan?
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Visit website. Start by going to access the official Rapid Cash website. Click on the "Apply Now" button found on the home page to begin your loan application process.
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Fill Out the Application Form. Complete the online application form by providing all required information, such as personal details, employment information, and financial details. Ensure all information is accurate and up to date.
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Submit the Application. Once you have filled out all necessary fields, review your application to ensure all information is correct and then submit your application for review.
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Wait for Pre-Approval. After submitting your application, wait for the pre-approval process, which takes just minutes. During this time, Rapid Cash will review your application to determine your eligibility.
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Finalize the Loan. If pre-approved, someone from Rapid Cash's friendly customer service team will contact you to finalize your loan. This may include verifying information or providing additional details.
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Receive Your Money. Once your loan is approved and finalized, the funds will be electronically deposited into your checking account. According to Rapid Cash, most customers receive their funds within 24 business hours. Same-day funding is available if you get approved before 11:30 AM EST, subject to state regulations and approval.
Conditions and Requirements
Conditions
APR. The loan may have an Annual Percentage Rate (APR) of up to 286% which is the cost of borrowing and the fees.
Repayment Period. Maximum repayment period is 90 days so it’s a short term loan.
Loan Amount. You can borrow up to $1,000 depending on your needs and eligibility.
Requirements
Residency. You must live in the state of Florida.
Age. Borrowers must be at least 21 years old.
Income Source. Customers must have a regular income which can be from employment or benefits like Social Security or Disability.
Bank Account. You must have a checking or savings account.
Direct Deposit. You must receive paychecks through direct deposit from your employer.
Employment Duration. Borrowers must have at least 90 days of employment with your current employer.
Bank Account Status. Your bank account must not be negative.
Ways to Receive the Money
Rapid Cash offers multiple ways to get the loan funds to cater to its customers’ needs. Once approved, the money is electronically deposited into your checking account, fast and secure. Most customers get their funds within 24 hours, same day funding is available for applications approved before 11:30 AM EST. This is subject to state regulations, eligibility and approval but shows Rapid Cash’s commitment to get you financial help fast.
Products
Payday Loan. These are short term loans that are due on your next payday.
Installment Loan. These are also short term loans but repaid over a longer period of time in smaller, regular payments.
Title Loan. These loans allow you to use your car or another vehicle as collateral for a loan.
Other Personal Loans
Reasons for Loan Refusal
There are several reasons why a loan application with Rapid Cash may be denied. First if the applicant does not meet the specific requirements for the type of loan they are applying for such as not providing enough collateral for an Auto Equity Loan or not meeting the repayment terms for a Payday or Installment Loan. Second if the applicant does not meet the requirements of Rapid Cash such as being at least 21 years old, having at least 90 days of employment with their current employer and providing a valid Florida ID or driver’s license. Third if the applicant fails to provide sufficient proof of income or does not have a checking account for the deposit of loan funds, their application may be denied. Fourth if there are any discrepancies or inconsistencies in the information provided on the application or during the verification process, this can also lead to a loan denial.
How to Repay a Rapid Cash Loan?
To repay a loan with Rapid Cash, you have multiple online payment options. Payments must be made to the Rapid Cash account in your name established by the company. Note that Rapid Cash does not accept payments from prepaid debit card accounts, including Netspend, Blue Bird from American Express, Cash App, Paypal, Greendot and Meta Bank. You can also make payments through direct deposit, cash payoff, automatic payment from your bank account or in some cases, post-dated checks. These options give you flexibility to manage your loan payments.
Loans like Rapid Cash
OppLoans
OppLoans is a notable financial service provider that offers consumer loans varying from $500 to $4,000. They expedite the funding process to ensure that approved applicants receive the necessary funds promptly, which is advantageous for those dealing with immediate financial concerns. OppLoans offers adaptable repayment conditions, giving customers the choice between 9, 12, and 18-month loan terms. This adaptability allows borrowers to opt for a repayment plan that matches their financial ability, ensuring a seamless and manageable loan journey.
Rise Credit
RISE Credit is a reliable online lender that provides loans up to $5,000. They have a streamlined application procedure, allowing borrowers to have funds transferred to their accounts as early as the next business day. They present the flexibility of choosing a payment schedule that fits with the financial preferences of the customers, although some state-based restrictions might apply. A notable feature of RISE Credit is its 5-Day Risk-Free Guarantee, which permits borrowers to revoke their loan and return the principal with zero fees or interest within the given period. Additionally, RISE Credit grants customers complimentary access to their credit score and credit monitoring alerts through Credit Score Plus, offering valuable financial insight.
OneMain Financial
OneMain Financial stands as a distinguished and enduring lender, offering personal loans that range between $1,500 to $20,000. Boasting a century’s worth of experience in the financial sector, they have garnered the trust of a vast customer base. Their loan terms include fixed rates and fixed payments, offering a predictable and manageable repayment scenario to borrowers. OneMain Financial emphasizes personalized service, ensuring that the distinct needs of each customer are addressed. With a widespread network of approximately 1,400 branches, they provide easy access and convenience for individuals in search of financial aid.
Universal Credit
Universal Credit requires applicants to have a minimum credit score of 560, thus excluding those with no credit history. It is appealing for its credit-enhancement features, making it suitable for individuals with fair or poor credit looking to better their scores. Providing larger loan amounts than Oportun and next-day funding upon approval, it emerges as a solid choice for significant, urgent financial needs. Universal Credit extends its loan services across all 50 states and Washington, D.C., offering a wide geographical coverage.
Editorial Opinion
Important
How to Choose a Lender
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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.
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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.
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Carefully review all the terms and conditions of your payday loan contract.
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Thoroughly examine the interest rates on payday loans and ensure that your contract includes a detailed breakdown of the total cost of the loan.
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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.
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Choosing a payday lender is a significant decision that demands careful consideration and a good understanding of how such organizations operate.
Additional Resources
- Full Rapid Cash Account Review
- How to Apply for a Rapid Cash Loan
- How to Repay a Rapid Cash Loan
- Rapid Cash Customer Reviews
- All Rapid Cash Coupons and Promo for May 2025
- Rapid Cash Loans of May 2025
