What actually are payday loans and fund advances?
Payday loans and fund advances are lending products that don’t require from customers any collateral. They are also short-term products that provide small amounts of money. They are fitted to needs of customers who have temporary financial problems. They will support home budgets till the next payday.
What purpose can I use my payday loan for?
Payday loans can be used to pay for the expenses of celebrating special occasions. Also you can use them to cover unexpected expenses that you didn’t plan and they couldn’t be avoided.
How much money can I receive?
From our PaydayMobileApp you can get finances up to $1000. The total amount that you can get will depend n how much money you earn as a regular salary or other source of monthly income.
How high are the fees added to the borrowed amount?
The costs associated with your loan will vary depending on your lender and qualification. Please contact your lender directly for rate and fee information.
What are the requirements for this payday loan?
In our loan request form we require customers to meet the following conditions in order to submit a loan request:
- They have to be employed or receive income on regular basis.
- Be adult persons and citizen of the United States.
- They must have valid checking account with activated direct deposit option.
- They have to earn at least $1000 per month.
How do I follow the online request procedure?
You only have to fill out a request form in our PaydayMobileApp. The form is very simple to complete. They you have to submit it and our consultant will contact you very quickly.
What information is required in the request form?
There are very few requirements. You only need to give us your name and surname, your postal address, information about your work, bank account details, identification. If you give all these information, your request will be considered.
Do you protect my financial and personal details?
Our company respects safety and privacy of our customers. Thanks to our internal procedures and technical solutions your data is secured. We use 128bit Secure Socket Layer System in order to protect all the information you send us.
Do you charge request fee?
In our PaydayMobileApp there are no request fees. The loan request form usage is free of charges.
Am I obliged to take the loan after I send a request form?
No, you are not obliged. You can try to check if you can get such a loan from us, and as long as you don’t sign any contract, you don’t have to take a loan. However, at all points you can ask questions regarding our products and offers, so that we can clarify all information. Even if your request form is accepted, you don’t have to choose anything.
Can I get a payday loan with bad credit?
Yes, consumers with bad, poor or no credit are usually able to obtain payday loans.
Do I have to be a house-owner to get such a loan?
No, it is sufficient for us that you pay tenure for the house to your landlord. Since our products are unsecured, there is no house ownership required.
Do you ask customers to fax anything?
We understand our customers that they don’t have sufficient time to do such things, so we don’t need any documents being sent to us by fax.
Is it possible to get a second loans, while the first is not yet repaid?
It depends on the individual lender, and you will have to check with them to determine your eligibility.
Do you commence employment verification?
Each lender has an individual process that may or may not include employment verification. Please check with your individual lender before signing any loan documents.
Is direct deposit required?
Yes, if you want to get the loan in your account, activated direct deposit in your account will be highly recommended.
When do I get my payday loan money?
Your request form will be reviewed within 30 minutes. You should expect your money to be sent to your bank account electronically, usually the next business day.
How do I know that my request was approved?
We will send you an e-mail to confirm this. PaydayMobileApp reserves the right to adjust the conditions of approval, before you are provided with money to your account with direct deposit option. Then, effective-advance.com helps to adjust the repayment date.
What is the date due of my loan?
There are many regulations regarding payday loans and due dates in all states. Normally the date due will be between 8 and 25 days counting from the date when we provided you with the money.
Do I have any rights when I want to repay my payday loans sooner than I expected?
If you want to repay your fee before the deadline, then please contact your individual lender, who will let you know their process for repayment.
What can I do when I am not able to make repayment on time?
- Then you can ask for an extension of such payday loans. Here you have three options:
- Repay the total amount before on the date due,
- Pay the finance fee and the part of amount borrowed on the date due,
- Pay only the finance fee on the date due.
How frequently can I use this payday loans?
In different states, there are different regulations about limits of payday loans that you can get per year. We highly recommend to use these payday loans responsibly and only when you encounter emergency situations.