Quick Answer: How Fast Does Speedy Cash Work?

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).

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.

What kind of loan is speedy cash?

Speedy Cash is a leader in the short-term financial services industry, offering payday loans, cheque cashing, online lending, and more! We serve Canada with 20 store locations, and a virtual online store providing convenient 24-hour payday loans on the web.

Can you go to jail for not paying a payday loan in Texas?

Payday lenders are routinely turning to the courts seeking criminal charges when borrowers don’t have the funds to repay their loans on time, a report from Texas Appleseed found. Such charges can lead to arrest or even jail time if the courts decide to pursue a case.

Does speedy cash deposit same day?

A: Because you are completing your loan online, it will typically take a bit longer to get your cash than it would take at a store location. Different online lenders have different processes to send your money to your bank account, but typically your cash will be deposited within 24 business hours.

How much can you borrow from Speedy Cash?

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

Is Speedy Cash legit?

Is Speedy Cash legit? Speedy Cash offers customers quick funds up to $26,000 both online and in stores. … While its interest rates are high, Speedy Cash is a legit option for people who need cash fast and can pay it back within the allotted time.

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.

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 fast does speedy cash deposit money?

within 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.

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.

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…

How does speedy cash loans 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 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.

Does Speedy Cash Check your credit?

But before applying for an installment loan through Speedy Cash, there are a few things you should consider: … Speedy Cash looks at your credit history when you apply for an installment loan, so if your credit is subpar, you may be turned down. But even if you have bad credit, you can still apply for a bad credit loan.