The interest rate depends on the customer’ credit history, loan amount required, loan term and type, and will be individually determined by the lender. 99%.
- The lender can also get acquainted with the requirements for title loans: having a vehicle, proof of Income, state issued I.D., clear car title, being not on duty in the military;
- Installment loans requirements are the following: having an open checking account, proof of income, state issued I.D., being not on duty in the military, be at least 18 years of age. Besides, residents of Arizona must have a vehicle with equity.
Unlike other lenders, CASH 1 requires proof of income instead of proof of employment, therefore you can be approved for a loan using your retirement, disability, and SSI income.
While some customers prefer to borrow funds in person, they can visit one of the lender;’s locations instead of filling out an online application.
Application
CASH 1 guarantees a hassle-free, safe and secure application. There are 3 ways to fill out the application and get a preapproval for the loan. You can complete the online application, contact the call center or visit one of the store locations. Regardless of the method you choose, CASH 1 promises to provide a loan in as little as 30 minutes.
To get a loan, customers can simply start the quick loan application at or by calling 1-844-831-4198. Once you get a preapproval, you should go to the nearest lender’s office in Nevada or Arizona to sign your loan agreement and receive the money. A complete list of locations is presented on the website.
According to CASH 1, the pre-approval process will take as little as 25 minutes. To be approved, the applicant must provide proof of income (latest bank statement or last two paystubs), a state-issued ID, checking account or direct https://paydayloansohio.net/cities/austintown/ deposit card. To get a title loan, a customer must have a vehicle.
Loan Repayment
Installment and title loans are to be repaid over the specified period in equal payments. Clients are allowed to pay larger amounts, saving themselves interest. All CASH 1 loans have no early repayment penalty. The loan term depends on the loan type. Installment loans have a term of up to 3 months, and title installment loans have a term of up to 6 months.
The lender claims that they understand that sometimes a person may need some more time to repay all the funds and they will do their best to work with this client. In the event of an emergency that would prevent a client from making the due payment, he must immediately call or visit the lender’s office to discuss possible changes and arrangements. The lender recommends reviewing the contract carefully to understand all terms and possible outcomes you can expect.
Payments can be made personally at the location, through credit/debit cards, or over the phone. No matter which payment option you choose, the lender never charges extra fees for the mentioned payment options.
Loan Extension
Payments may be made some days later than the due date, but CASH 1 warns that loan extension increases the amount of the due payment. Loan extension terms are regulated by state so applications must read the contract carefully before signing the loan contract.
Bad Credit
CASH 1 does not pay attention to your credit score when deciding on installment loan approval. If you have proof of income, a state-issued ID, a checking account or deposit card, you have high chances of being approved for a loan.
The situation with title loans is the same. You may have bad credit or no credit at all. The approval will be based on your car’s value and your ability to pay off the debt.
