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Q - What are your minimum requirements to apply ?
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A - You must be at least 18 years of age. You must have a checking account that has been open and in use for at least 90 days. You must be employed. You must deposit into your checking account a minimum of $ 900.00 per month. |
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Q - How do I get a loan ?
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A - Complete the application and fax 866-751-3784 all required documents, and we'll begin processing your loan request immediately. It's that easy. No credit checks - just a fast and convenient process! |
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Q - Is my personal information kept confidential?
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A - Absolutely. We respect your privacy. Our professional loan counselors will ask you for your personal information over the phone and all data is kept confidential. Each loan is handled in a friendly and courteous manner. |
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Q - How does immediatePaydayLoan.com work ?
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A - immediatePaydayLoan.com provides short-term cash advances that are electronically deposited into your checking account. Everything from application to payment is done electronically via our web site. When your loan is due, the amount borrowed plus a service fee is debited from your checking account. |
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Q - How much money can I borrow, and what are your fees ?
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A - Please see our loan amounts and fees and disclosures for more information. |
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Q - When will the money be in my bank account ?
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A - If your application is approved before 4PM PST or 7PM EST on a banking day, we will transfer the money to your bank overnight, and the funds should be posted to your account the next banking day.
Note: The exact availability of the funds is subject to your bank's processing schedules and policies. This chart assumes that none of the days are bank holidays. If you have any questions, please contact your bank's ACH department.
Use the table below to determine when your money should be available. Find the day of the loan approval in the left column. The day funds should be available in your account is indicated in that row
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Day/Time
of Approval |
Day
Available |
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Mon |
Tues |
Wed |
Thur |
Fri |
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Monday by 4PM PST
or 7PM EST |
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X |
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Tuesday by 4PM PST
or 7PM EST |
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X |
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Wednesday by 4PM PST
or 7PM EST |
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X |
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Thursday by 4PM PST
or 7PM EST |
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X |
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Friday by 4PM PST
or 7PM EST |
X |
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Saturday or Sunday |
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X |
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Q - What if I cannot pay the amount owed by the due date ?
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A - If you cannot pay your loan on the due date, you can extend the loan for an additional fee. You can extend your loan up to three times, paying only the finance charges and fees due at that time. After that you must pay (on loans up to $599.00) a minimum of $50.00 more than the fees due (until the loan principal is fully repaid). On loans of $600.00 or more you must pay a minimum of $100.00 more than the fees due (until the principle is fully repaid). |
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Q - Can I have more than one loan at a time ?
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A - No. We only allow one loan per household or bank account at a time. You must wait at least 4 banking days after paying off a loan before applying for a new loan. |
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Q - Do I need access to a fax machine ?
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A - Yes. If you are a new customer applying for the first time, you must fax your current bank statement and a voided check to 866-751-3784 before your loan application can be considered. Previous customers with Bank Statements already on file that are more than 90 days old, will need to fax a new current bank statement and voided check when they apply for another loan. |
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