Question: How Do You Get Approved For Speedy Cash?

What are the requirements for speedy cash?

Payday Loan RequirementsMeet minimum age requirements in your state (18 in most states)Have an open and active checking account.Be able to show proof of income.Have a valid phone number..

How long does it take to get money from Speedy Cash?

15 minutesHow quickly can I get my cash with instant funding†? Most funds are deposited within 15 minutes of loan completion. Loan completion means that you have been approved for the loan, have signed your documents online, and have selected instant funding as your funding method.

How much can you borrow from Speedy Cash?

Installment Loans Online and In-Store up to $5,000 | Speedy Cash.

Why can I not get approved for a payday loan?

The main reason behind payday loan application denials is that the applicant is unemployed. When you apply for a payday loan, you’re entering into an agreement with the lender. … It would be reckless for them to allow an unemployed person to take out a loan, so they end up declining these applications.

What happens if you don’t pay speedy cash?

Defaulting happens when you can’t pay back your loans on time. This can cause your credit score to plummet, your wages to be garnished, and future loans to have high interest rates. Your loan also could get turned over to a debt collector, who will work to get you to pay back your debt in full.

How does Speedy Cash work?

Speedy Cash offers a loan by phone service where a representative will help you complete the application process over the phone. … Once you have agreed to the loan terms by signing your documents, your money will be direct deposited to the checking account that you provided during the application process.

What credit score is needed for a payday loan?

Many payday loan providers don’t require a hard credit pull on your credit report. What that means for you is that there’s likely not going to be any information requested from the three main credit bureaus: Equifax, Experian and TransUnion.

Does speedy cash have installment loans?

Speedy Cash offers a variety of cash advance loans including short-term payday loans, longer-term installment loans, and flexible lines of credit. The interest you pay on a loan from Speedy Cash will depend on the type of loan you borrow and individual state rates and regulations.

What does speedy cash cost?

We charge a minimum fee of $2 for cashing your check, along with additional rates that are competitive for your area. Speedy Cash will determine the cost based on what other stores or lenders are charging in the area. Our competitive pricing will allow you to keep as much of your check as possible.

Can you take out a payday loan from 2 different places?

Payday loans are short-term, high-interest (and high fee) loans that must be repaid within a few weeks. … You likely won’t be able to take out multiple payday loans at once with these new rules in place — and that’s a good thing.

How much money can you borrow from a payday loan?

How much can I borrow with a payday loan? The amount you can borrow varies by your state’s laws and the state of your finances. Most states that allow payday lending cap the amounts somewhere between $300 and $1,000. You can find details on state limits here.

Will Speedy Cash approve me?

You could be approved for a loan on the spot – often in just 10 minutes or less. Upon approval, you will receive your cash right away. Apply Online – Complete your loan application in a matter of minutes. Upon submitting your application, we will provide you with an instant lending decision.

How does Speedy Cash verify income?

Income information including your income type, employer information (if applicable), your pay frequency, and your income amount (some states may require income verification, in which you will need to submit a payment stub or copy of a bank statement)

Does Speedy Cash do a hard inquiry?

It depends. Certain locations, and certain loan types, may require a credit check before approval. If that’s the case, the credit inquiry can slightly ding your credit score. Also, while paying off a Speedy Cash loan on time won’t help you improve your credit score, it can lower your score if you miss a payment.

Where can I borrow money fast?

Best Ways to Borrow Money Fast from Advance AmericaPayday Loans (Payout in 24 hours) … Installment Loans (Payout in 24 hours) … Line of Credit (Payout in 24 hours) … Title Loans (immediate payout) … Loan from Friends and Family (immediate payout) … Pawn Shop Loans (immediate payout) … Home Equity Loans (6–12-week payout) … Banks.More items…