Getting a cash advance in Waterbury, CO can really help those who are in need of extra money. There are many instances where a cash advance can come in very handy for a person, and with these types of loans, customers can have their cash fast and easy.
One of the most popular reasons that a person may take out a loan is because of the credit issues. With most loans, such as ones from a bank or credit union, the customer will need good credit scores. Those who have poor credit will usually be turned down for a loan, or given one with extremely high interest rates.
With a cash advance in Waterbury, there is never a need for a credit score. These unsecured loans lend money to people who are need of them, regardless of past credit problems or monetary issues. They are un-biased and fair, and understand that not everyone has had it easy with paying bills in the past.
In the state of Connecticut, a cash advance store may only be given a license provided they meet a few criteria. They must show good character, have a solid partnership amongst it’s other members, and have liquid assets that total at least ten thousands dollars for every facility. The license for the company will also only be granted only if the public agrees.
There are also limits as to how much the payday lender can charge their borrowers. These equal 20% on the first $300 that a customer takes out, and 7.5% on any amount that is over the initial $300. However, a borrower may only borrow $500 at any time from the same cash advance company. The customer also has a right to rescind on the loan if they do so by 5pm of the day the loan was taken out.
Getting a cash advance in Waterbury is as easy as logging on to the Internet, day or night. Don’t worry about driving to a local storefront or standing in a very long line. Online applications are easy to fill out, and provide step-by-step instructions that anyone can understand. The criteria for getting a cash advance in Waterbury is very simple, and many people are already eligible. As long as you are 18 years old, have a checking account and steady source of income, you will more than likely be approved. Don’t worry needlessly until your next payday- apply today for a cash advance in Waterbury.