What is a payday loan?
Payday loans are given out to qualified borrowers for a short time period to help them take care of expenses up to the next payday.
Am I qualified for a payday loan?
Qualifying for a payday loan is simple. Common basic requirements are:
If you are applying from Canada, you must be a citizen or permanent resident of that country. In some instances the lender may impose additional requirements.
How much time is required to complete the application form?
Completion of the application form can be done in a few minutes depending on the ability of the borrower to accurately answer questions on the application form.
How long does it take to receive the money?
As soon as the application form is completed, Lending Season will match borrowerâ€™s requirement against a nationwide network of lenders. Typically a match is found within a few minutes of submitting the application form. After the lender agrees to provide loan to the borrower, the loan amount and terms of the loan are presented. The borrower then needs to review and accept those terms and conditions. Acceptance of the loan offer means the money will be electronically transferred to your savings or checking account as early as the next banking day.
Can I get a payday loan if I have bad credit or a bankruptcy?
Regardless of your credit history, if you satisfy the requirements then you are eligible for payday loans. We will try to match you with the best loan offer available based upon your information.
Do I need collateral to receive a payday loan?
No collateral is required when applying for payday loans.
Do I need a direct deposit set up?
The chances of getting approved for a payday loan is much higher if you have a direct deposit account set up.
How often should I take out payday loans?
Payday loans are not supposed to be a long-term financial solution but only to get over payday financial emergencies.
How much loan fees do I need to pay?
Payday loans typically carry high interest rate. An example loan of a $100.00 for 14 days could cost $25.00 in fees with an APR of 767%. In this case, the total amount to be paid back, if paid back on time, would be $125.00. Also see rates & fees.
What happens if I am late with a payment?
NationwideCashCenter.com is not a direct lender. Different lenders we work with have their own policies regarding late payments. You can review these policies within your lenderâ€™s terms and conditions before accepting a loan. If, for some reason, you are unable to make a payment on time, please contact your lender immediately to discuss alternative payment schedule.
What happens if I canâ€™t repay my loan?
NationwideCashCenter.com is not a direct lender. Different lenders we work with have their own policies regarding non-payment of loan. You can review these policies within your lenderâ€™s terms and conditions before accepting a loan. To help you avoid default or late payments, your lender may agree to restructure your loan. If, for some reason, you are unable to repay your loan, please contact the lender immediately to discuss to discuss your options.
What is NationwideCashCenter.comâ€™s code of practice on responsible lending?
NationwideCashCenter.com provides a matching service between consumers looking for payday loans and lenders. payday loans are meant for responsible use for unexpected expenses and not as a means of a long-term financial solution. Applicants with credit difficulties should seek credit counseling.
We work with a network of lenders who are able to provide convenient loan options between $100-$1000 with good customer service. If for some reason you are not satisfied with a loan originated from NationwideCashCenter.com, please email us at support@NationwideCashCenter.com.
Can I get loan extensions or loan renewals?
NationwideCashCenter.com is not a direct lender. Different lenders we work with set their own policies regarding loan extension and loan renewals. You can review these policies within your lenderâ€™s terms and conditions before accepting a loan.
Is NationwideCashCenter.com in compliance with all state and local regulations?
NationwideCashCenter.com is not a direct lender. NationwideCashCenter.com follows federal, state and local regulations according to marketing and advertising standards. Different laws and regulations apply to lenders, which will vary from state to state. Before accepting any loan, you should verify that you are eligible to receive such a loan according to the regulations of your state and local governments.