 | What is a payday loan?
A payday loan, payday cash advance, or cash advance is a short term loan for times when you need extra cash before payday. It's a quick confidential way to get a cash advance until your next paycheck.
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| | What can I use the loan for?
Your funds can be used for anything you like, such as emergency financial needs, car bills, utility bills, phone bills, engagement rings, or anything you like.
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| | How do I qualify for a payday loan or cash advance?
Getting an online cash advance or payday loan is easy. To be approved for a payday loan, you must:
*Direct Deposit your paycheck
*Have a valid checking or savings account for at least 90 days
*Have your current job for at least 90 days
*Be 18 years of age or older and a citizen or permanent resident of the United States
*Have a take-home pay of at least $800.00/month after taxes.
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| | How much can I get?
The amount you will be approved for will be determined by the information you provide.
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| | How much will this cost?
Our fee for a payday loan is $25.00 per $100.00 borrowed, with the APR ranging from 304.17% to 1303.57%. Please refer to our fee schedule for more information.
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| | Can I still get a loan if I have Bad Credit or a Bankruptcy?
YES! Payday Advances, payday loans, and payday cash advances are no credit check loans. Unlike many other financial institutions, we do not require that you have good credit or, for that matter, any credit history at all. If you have any questions about qualifying for a payday loan or cash advance, please contact us.
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| | How soon can I receive my payday advance?
We can approve your loan application in only a matter of minutes from the time we receive faxed copies of all of the required documents. If you request your loan before 4:00 p.m. CST, we can deposit funds into your account by the very next business day.
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| | How do I get the money and how do I repay the loan?
When you apply for a payday loan, you authorize us to directly deposit the approved amount into your account. You also authorize us to directly withdrawal from your account on your next payday for the same amount advanced, plus our fee.
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| | Do I need a fax machine or printer?
Yes, you need access to a printer if you want to print the loan documents. After submitting your loan
application, all you need to do is fax us three items:
-Your personal check with the number you entered in you application. If you have a savings account, then
you can disregard this request.
-Your most recent complete bank statement, showing your direct deposits.
-Your last two (2) pay stubs, showing your direct deposits.
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| | When will I hear from you?
: After you have faxed in these required documents, we will contact you by either email or phone about the
status of your loan during normal business hours, Monday to Friday, 8 AM to 7 PM CST. For applications
submitted after-hours, we will contact you first thing the next business morning.
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| | How do I know that the amount you withdraw from my account is the amount you say?
Since we are authorized to use the Federal Reserve Wire System, we must abide by the NACHA rules and
regulations. As a Lender, we are subjected to federal and state laws and regulations that regulate our
lending practices. The amount we withdraw from your account will be the amount that you have authorized.
We can only withdraw the amount you have authorized.
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| | What is an A.P.R.?
An A.P.R. is the annualized percentage rate of your payday loan. Our A.P.R. range is from 304.17% to
1303.57%. Please refer to our A.P.R. Disclosure for more information, so you can make an informed
financial decision.
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| | How do you determine the amount of money to advance me?
You qualify for a particular advance amount based on your current income, and the documents you fax to us.
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| | Can I get an extension on my payday loan?
Yes! If you are unable to repay your payday loan on the due date, you can pay a fee to extend your loan
until the next payday (18-day maximum). The extension fee is $25.00 per $100.00 borrowed. Please note
that we can only allow four (4) extensions. The loan may not be rolled over beyond twelve (12) weeks after
the day on which the deferred deposit loan is executed.
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| | Can I pay my loan back early?
Yes, you can pay your loan back early. Contact us three (3) days prior to your loan due date to let us know
that you want us to debit your account earlier than the due date. You will be entitled to a refund or discount
of the fees, depending on the date of payment.
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| | What about loan requests on Fridays or the weekends?
All Friday loan requests before 4:00 PM CST will be funded on Monday. All weekend requests will be
treated as Monday's requests.
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| | In which state are you authorized to provide loans?
We are a Utah registered lender and our loans are made in accordance with Utah statutes. Our loans are governed by Utah law. Utah laws governing consumer loan agreements may differ from the laws of the state where you reside. If you do not want to enter into a loan agreement subject to Utah law, you should apply for this loan at a lender located in the state where you live. We are also registered in the State of Missouri.
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| | Do you provide payday loans for military personnel?
Yes, active and retired military personnel are welcome. A large segment of our clients are military
personnel.
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| | How does the Return Customer feature work?
Once you have applied at aaapaydaycash.com; we save your personal information in our secure web servers,
protected by your private Customer ID and Password. This ID and Password is assigned to you at the end of
your first application process. Please retain this ID and Password for future reference. To re-apply in the
future, visit the home page at www.aaapaydaycash.com and click on the Return Customer button. Enter
your private Customer ID and password, and your pre-completed application form will be displayed for you.
Review the form to be sure all of the information is correct, update your next pay dates, and submit your
application. It's fast easy, and secure.
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| | When can I apply for another loan?
You can apply for another cash advance loan 72 hours after your most recent application. If you have
already been approved for a loan, you must disclose that information on the application form.
AAApaydaycash.com can not guarantee that any loan application will be approved, but your application is
free, regardless of how often you apply.
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| | Can I check my loan status using my Customer ID and Password?
Yes, your ID and Password can be used to check your loan status and apply for a new loan in the future.
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| | How do I change or update my personal information?
You can update your personal information at anytime with your Customer ID and Password the next time
you apply for a cash advance or payday loan. Use the Return Customer feature and simply change or update
your personal information on the form.
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