About Lender
Speedy Cash is a lender that offers short term cash loans online, over the phone and in-store. We offer payday loans, installment loans, lines of credit and title loans. We specialize in installment loans which borrowers use to cover a short term cash shortage and then pay with interest on their next pay day. If you want to deal with a company directly you can apply for an installment loan in-store at Speedy Cash.
Speedy Cash is a well established company in the financial industry, based in Wichita, Kansas. Founded in 1998 under Canadian supervision. One of the few companies that offers various financial services and locations across Canada, including a virtual store to serve you better.
Key Features
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Fast Approval. Speedy Cash will get you the cash you need fast and easy.
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Multiple Loan Options. We offer payday loans, title loans, lines of credit and installment loans to suit your needs.
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Online and In-Store. Apply online or visit a store for in person service.
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Responsible Lending. Speedy Cash is committed to responsible lending and follows all state and federal laws to protect our customers.
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Flexible Repayment. We offer automatic debit and extended payment plans.
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No Hidden Fees. Speedy Cash is transparent about our fees and charges and we have no hidden fees or surprises in our loans.
Pros and Cons
Pros
Fast Approval. Speedy Cash will get you the cash you need fast and easy.
Multiple Loan Options. We offer payday loans, title loans, lines of credit and installment loans. Convenient Repayment. We offer automatic debit and extended payment plans. No Hidden Fees. We are transparent about our fees and charges and we have no hidden fees or surprises in our loans.
Availability. Online and in-store.
Cons
High Interest Rates and Fees. PDL’s have higher interest rates and fees than other types of loans so be sure to read the terms and conditions before applying.
Short Term Loans. They are meant to be short term solutions and not long term financial needs.
Risk of Debt. If not used responsibly payday loans can lead to debt and may harm your credit score.
Late Payment Terms. If you miss a payment you may be charged additional fees and the loan may harm your credit score.
Reliability
Licensed Lender. Speedy Cash is a licensed lender in several states across the U.S.
Member of CFSA and OLA. Speedy Cash is a member of the Community Financial Services Association of America (CFSA) and the Online Lenders Alliance (OLA)
High Rates and Fees. Payday loans have higher rates and fees than other types of loans. Be aware of those costs.
Loan Terms and Conditions. Read the terms and conditions, including fees and rates, to make sure you can afford the monthly payments.
Debt Potential. Payday loans can lead to debt if not managed responsibly. Make sure you can repay the loan before applying.
Customer Service. As with any lender, customer service matters. Check out feedback and reviews when choosing a lender.
How to Apply for a Speedy Cash Loan?
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Go to the Speedy Cash Website. Use your web browser to go to the Speedy Cash website. You can search for “Speedy Cash” on your preferred search engine and click on the official website link.
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Find the “Apply Now” Button. Once you are on the Speedy Cash website’s homepage look for an “Apply Now” or “Get Started” button. It may be on the main page or in the navigation menu.
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Create an Account. Click on the “Apply Now” button and you will be taken to a page where you’ll need to create an account.
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Fill out the Application Form. After creating your account you must fill out the loan application form. The form will ask for personal and financial information such as your name, address, employment details, income and loan amount.
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Review Terms and Conditions. Before submitting your application review the terms and conditions of the loan carefully. Make sure you understand the interest rates, repayment terms and fees.
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Submit Your Application. After reviewing all the information submit your loan application through the website.
Conditions and Requirements
Conditions
Loan Amount. The loan amount you can borrow from Speedy Cash may vary depending on the state you live in. Typically the loan amount can go up to $5,000 but this may vary from state to state. Some states may have lower loan limits.
Interest Rates and Finance Charges. State laws also determine the interest rates and finance charges for Speedy Cash loans. Different states may have different maximum interest rates and fees that lenders can charge. For example the finance charge for a payday loan in California is $17.65 for every $100 borrowed (as an example) but this may vary in other states.
Repayment Schedule. Speedy Cash payday loans are short-term loans that need to be repaid on your next payday. The repayment schedule and options may vary depending on state laws and your agreement with Speedy Cash.
Credit Check and Eligibility. Speedy Cash may do a credit check to approve your loan but they also consider other factors like your income and ability to repay.
Application and Approval Process. The application process can be done online and approval is usually fast. Once approved the loan amount is deposited into your checking account.
Renewals and Extensions. Some states allow loan renewals or extensions but this may be subject to additional fees and regulations.
Requirements
Minimum Age. Borrowers must be 18 years or older (age may vary by state) to apply for a payday loan.
ID. You need to have a valid government issued ID, such as a driver’s license or state ID.
Proof of Income. Having a verifiable proof of income is required. This can be pay stubs, bank statements or other documents that show you can repay the loan.
Open and Active Checking Account. You must have an open and active checking account to receive the loan and for repayment.
Working Phone Number. Finally, you should provide a working phone number for communication and verification during the application process.
Ways to Recieve the Money
Funds can be sent to your eligible debit card after online loan document signing. Also, funds can be deposited into your bank account after online approval. Finally, if near a Speedy Cash location you can pick up cash in-store after approval.
Products
Payday Loans. Short-term loans to cover unexpected expenses until your next payday.
Title Loans. Loans that use your vehicle’s title as collateral.
Installment Loans. A loan type that is paid back in multiple payments over a set period of time.
Line of Credit. A revolving line of credit that allows you to borrow and repay as needed.
Prepaid Debit Card. Speedy Cash offers prepaid debit cards for customers that don’t have a traditional bank account.
Other Personal Loans
Reasons for Loan Refusal
Loan denial at Speedy Cash can happen for many reasons including not meeting state requirements, not being eligible, negative credit check results, not passing underwriting and approval process. Not meeting state database requirements for certain lending products or not passing additional verification that some applications may require can also lead to loan denial. The decision may also be based on information obtained from national credit databases like TransUnion, Equifax, LexisNexis or FactorTrust, Inc.
How to Repay a Speedy Cash Loan?
Repayment methods at Speedy Cash vary based on how you applied for the loan - in-store, over the phone or online. Online payday loan repayments are typically automated through a debit card or an automatic payment from your bank account.
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 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 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 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.Loans like Speedy Cash
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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
Additional Resources
- Full Speedy Cash Account Review
- How to Apply for a Speedy Cash Loan
- How to Repay a Speedy Cash Loan
- Speedy Cash Mobile App
- Speedy Cash Customer Reviews
- All Speedy Cash Coupons and Promo for February 2025
- Speedy Cash Loans for February 2025