CashAdvance.com is not a lender and does not provide lending services directly to consumers. Based on the application consumers submit, CashAdvance.com searches its database of reliable lenders to pair consumers with the lender and loan ideally suited to their needs. Submitting an application for a payday loan at CashAdvance.com incurs no cost. The lender wholly determines loan terms, rates and fees.
We know that most new customers have questions about the CashAdvance.com process, so we’ve gathered the most common ones together here for your convenience. If you have additional questions, just click on Contact Us and fill in the form. Please allow 48 hours to receive an email response.
Questions about your loan application, payments, extensions, etc. must be answered directly by the lender handling your loan. Your lender’s contact information will be sent to you after your application is submitted.
1. What is a cash advance or payday loan?
2. Can I qualify for a payday loan or a cash advance?
3. How much can I get?
4. How do I get the money?
5. Can I still get a loan if I have bad credit or a bankruptcy?
6. How long does it take?
7. Do I need a fax machine or printer?
8. How much does it cost?
9. If I already have a cash advance loan outstanding, can I still qualify for a new loan?
10. How and when do I repay the loan?
11. What if I cannot repay the loan when it is due?
12. How do you protect my private information?
13. When can I apply for another loan?
14. How do I extend or refinance an existing loan?
15. How do I change or update my personal information?
1. What is a cash advance or payday loan?^ Top
A cash advance, also known as a payday loan, is a short-term loan that provides extra cash when you need it. The amount is usually between $100 and $500, however some lenders may go above that.
2. Can I qualify for a payday loan or a cash advance?^ Top
Yes, it’s easy! To be approved for a cash advance loan, you must:
• Be 23 years of age or older.
• Have a regular source of verifiable income.
• Be a resident of Canada.
• Be employed for more than three three months
• Have an active bank account with a satisfactory transaction history.
• NOT be in bankruptcy, consumer proposal, credit counselling or a debt management policy.
• Have an active phone number.
• Have an active email account.
3. How much can I get?^ Top
You can apply for any amount between $100 and $1,500. The lender assigned to your application will determine the amount you are approved for.
4. How do I get the money?^ Top
After your cash advance is approved, the money is electronically deposited directly into your checking account.
5. Can I still get a loan if I have bad credit or a bankruptcy?^ Top
Yes! Remember, you don’t need a credit check for a cash advance! Your credit rating doesn’t matter. Bankruptcy, charge offs, bounced checks, and other credit issues don’t affect your ability to get a paycheck loan.
6. How long does it take?^ Top
It takes as little as five minutes to complete the application. Many loans are funded the very next business day!
7. Do I need a fax machine or printer?^ Top
Yes. You need access to a printer to print the loan documents. The lender assigned to your application may require that you fax in additional information, such as a copy of your recent pay stub or bank statement. Kinkos, Office Depot, Office Max, Staples, Mail Boxes Etc. and other stores offer fax services if you do not have access to a fax machine.
8. How much does it cost?^ Top
Fees will vary depending on the amount of your cash advance and the lender’s policies. Your lender will notify you of the exact fee for your loan at the time your application is submitted. Remember, cash advance loans are designed for emergency cash needs and are frequently less expensive than check fees, late charges and other costs you might incur due to late payments.
9. If I already have a cash advance loan outstanding, can I still qualify?^ Top
Yes! Even with another loan outstanding you may still qualify for a cash advance loan. Just be sure to disclose the outstanding loan on your application form.
10. How and when do I repay the loan?^ Top
The loan amount and fees are withdrawn from your checking account automatically on the due date of your paycheck loan. You don’t need to mail a check or visit a lending office. You can even request an extension by contacting your lender before the due date. (Additional fees apply to loan extensions).
11. What if I cannot repay the loan when it is due?^ Top
It’s easy! Simply request an extension from your lender before the due date. Remember to take into consideration any additional fees for extending the loan.
12. How do you protect my private information?^ Top
Every piece of your loan information is securely encrypted to ensure your complete privacy. You can learn more by reading our Privacy Policy in our Legal page.
13. When can I apply for another loan?^ Top
You can apply for another payday loan after only 72 hours! And your application is always free — no matter how many times you apply. Remember, if you have already been approved for a cash advance loan; make sure you disclose that information on your next application.
14. How do I extend or refinance an existing loan?^ Top
Just contact your lender. Their contact information will be emailed to you at the end of the application process. Your lender will deal directly with application approval, cancellations, extensions, payment information, etc. Remember to contact your lender with extension requests before the due date on your loan.
15. How do I change or update my personal information?^ Top
When you submit a new application your personal information will be updated automatically in our system.
