About Lender
Riverbend Cash is not a lender and doesn’t offer short term loans or any other credit services. It is a service that connects borrowers with an independent third-party lender or lending partner. They were established in 2012 and are based in Hays, Montana. They are available in most states except Washington, DC, Alaska, Arkansas, Connecticut, Massachusetts, Maine, Minnesota, Montana, New Hampshire, New York, New Jersey, Pennsylvania, Vermont, Virginia and West Virginia.
Many can get credit through Riverbend Cash. Borrower can apply online from a personal computer or mobile phone. After connecting with lenders, clients receive the loan terms from the lenders.
Key Features
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Not a Direct Lender. Riverbend Cash is an online platform where lenders can make loan decisions instantly to help borrowers when unexpected expenses happen. They work with multiple lenders and networks across the country to offer loan options.
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Simple Application. Application is simple and can be done online from anywhere. Website is fully mobile-friendly.
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Fast. Loan decisions in under a minute and funds in 10 minutes same day or next business day.
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No Collateral Required. Riverbend Cash’s network of lenders offers unsecured loans, no collateral required.
Pros and Cons
Pros
Simple Application. Application is fast and easy; may be approved the same day.
No Collateral. No collateral needed.
All Credit. You get access to all credit types.
Cons
No Credit Bureaus Reports. Service doesn’t report to credit bureaus on time.
Limited Repayment Options. Borrower has to repay biweekly.
Small Amounts. First time clients can only apply for small amounts.
Reliability
Clear Terms and Conditions. Terms and conditions for loans offered through Riverbend Cash are posted on their website including fees, annual percentage rate and repayment terms.
Privacy Policy. Riverbend Cash has a privacy policy that explains how they collect, use and protect customer information.
BBB. Not accredited by BBB but has A+ rating.
Trustpilot. The lender has 4.7 rating on Trustpilot.
How to Apply for a Riverbend Cash Loan?
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Visit the Website. Go to the Riverbend Cash website.
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Click "Get Cash Now". Click the "Get Cash Now" button to begin the application.
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Enter Loan Amount. Select how much money you need to borrow.
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Provide Personal Information. Enter your email, name, phone number, address, date of birth, Social Security Number (SSN), military status, and driver’s license number.
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Provide Employment Information. Enter your income source, employer's name, employer’s phone number, net monthly income, how often you get paid, and your next pay date.
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Provide Bank Information. Select your account type, whether you receive direct deposit for your pay, and your approximate credit rating.
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Specify Loan Purpose. Indicate the purpose of the loan. If you have $10,000+ in unsecured debt and would like a partner to contact you, select "Yes." Also, confirm if you own your vehicle free and clear.
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Provide Bank Details. Enter your bank's name, the state where the bank is located, the routing number, and your account number. Click "Submit" to finalize your loan application.
Conditions and Requirements
Conditions
Loan Amount. You can apply for loans up to $5,000 for installment loans and up to $35,000 for personal loans.
Loan Term. Loan term is 30 days or less for installment loans and more than 1 year for personal loans.
Lender Network. Riverbend Cash is not a direct lender; they connect borrowers with independent third-party lenders.
Lender Fees and Terms. Each third-party lender will have its own fees, APR and terms for the loan. These will vary depending on the lender you are matched with.
Requirements
Age. You must be 18 or older to apply.
Bank Account. You need to have a checking or savings account with direct deposit.
Income. Applicants must have regular income of $1,000 or more a month.
Credit. For personal loans, fair credit.
Military. Not an active duty or reserve member of the Air Force, Army, Coast Guard, Marine Corps or Navy (or a dependent), serving on active duty for more than 30 days.
Ways to Recieve the Money
Borrowers usually get their money in their bank account the next business day. However, time may vary depending on the lender and financial institution, time of day borrower applies and accuracy of application. Clients should contact their third-party lender if they have questions about the transfer time.
Products
Payday Loans. Short term cash advances for immediate needs.
Installment Loans. Loans repaid over a set number of payments.
Personal Loans. Unsecured loans for personal expenses or debt consolidation.
Other Personal Loans
Reasons for Loan Refusal
Riverbend Cash may deny loan applications for many reasons including insufficient income, high existing debt, poor credit history or because you live in a state where they don’t offer services. Applicants must also meet specific requirements including being of legal age, having a valid bank account and email address and be a U.S. resident. Providing incomplete or inaccurate information during the application process can also result in denial. Borrowers should make sure all information is accurate and review requirements to increase chances of approval.
How to Repay a Riverbend Cash Loan?
To pay off a Riverbend Cash loan, borrowers can set up automatic electronic debits from their bank account so payments are made without any manual intervention. Or pay over the phone with a debit card by calling Riverbend Cash. Or mail a certified check. Riverbend Cash allows early payment with no penalty so borrowers can reduce finance charges by paying off the loan early.
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Editorial Opinion
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.Important
How to Choose a Lender
