FAQ
General Information
Payday Loans
Installment Loans
Title Loans
What do I need to request a loan?
The process of requesting a loan is simple, and not so many things are needed when you apply online. First of all, consider your options and determine what type of loan will work best for you. Then think over the amount to borrow bearing in mind that you will have to pay back the money together with interest. Also, prepare the documents you may need to qualify for a loan and start the application process.
How much can I borrow through CashAdvancePro.com?
CashAdvancePro.com will always help you out no matter what amount you need. Our loan limits are generous so that everyone can deal with their financial struggles stress-free. Our customers have no trouble getting both $100 and $10 000 loans – just complete the application, and we will tell you the maximum amount you are eligible for.
Is my information secure?
We realize the whole importance of protecting the security of our customers' data. That's why we use a strong data encryption system to ensure that your financial and personal information does not fall into the hands of fraudsters. All details you provide to us are used for lending and not marketing purposes.
How to apply for a loan online?
It’s easy to apply for a loan online through CashAdvancePro.com. Click the “Get Started” button to begin the process. All you need is to fill out a quick and simple form entering your personal details. We also ask about your income and employment to determine whether you qualify for a loan.
What are the next steps after the application?
The next step which awaits you after submitting your application is getting approval. We process your request instantly and send you an email informing about our decision. Approximately 98% of customers receive a positive response, so you have a good chance of being approved even with a bad credit score. After that, you just need to wait for the money transfer.
What are payday loans?
Payday loans are designed to support you financially until you receive your paycheck. These are fast, short-term cash advances that do not require collateral. Such lending products are especially good for those with low FICO scores as they come with no credit checks. However, the rates are comparatively high, which makes payday loans more expensive.
How do payday loans work?
Payday loans feature a short repayment period from 2 weeks to 31 days and must be discharged in one installment. However, some lenders allow you to take out a cash advance for a longer term up to several months. Payday loans are especially beneficial in the event of unforeseen, urgent expenses, but you can use the money however you see fit.
Where can I get a payday loan?
Payday loans are available in various financial institutions, including credit unions, direct lenders, banks, and online lending companies. They all offer different rates and loan terms, so the best way to get a profitable deal is to compare your options and learn everything about each of them. As practice shows, the majority of people find online cash advances the most convenient.
How much can I borrow using a payday loan?
Payday loan limits in the United States are regulated not by lenders but by local authorities. So you can get more or less money depending on where you live. The maximum amount typically ranges from $300 to $1 500. But keep in mind that payday lending is illegal in some states.
What documents do I need to apply for a payday loan?
A great thing about online payday loans is that they feature minimum requirements. Therefore, the list of documents you may need to apply for a cash advance includes:
- Social security number
- Verification of income (pay slips, bank statements, etc.)
- Identity proof (passport, driving license, voters ID, or government-issued ID)
- Address proof (utility bills)
What are installment loans?
An installment loan is a popular type of lending product that is paid off over time in a number of prescheduled payments. The term may differ from several months to 30 years. Such a loan is traditionally considered an affordable alternative to payday advances which usually come at a high cost.
How do installment loans work?
When you get an installment loan, you receive funds directly to your bank account within 24 hours and then pay off the money (plus interest and fees) in scheduled payments. APR is low and does not exceed 36%, which is why a lot of borrowers choose installment loans as an affordable way to bridge their financial gaps.
How much can I borrow using an installment loan?
Since installment loans are used to cover a whole range of expenses from car repairs to home purchases, their amount limits can reach great values of up to $100 000. However, borrowers typically apply for average loans of $1 000 - $10 000. Larger amounts are available to you as well if you qualify.
What documents do I need to apply for an installment loan?
It is always a good idea to prepare relevant documentation in advance before applying for a loan. Such information is required to assess your financial circumstances. So, this is what you may need to provide:
- Identity proof (driver’s license, government-issued ID, etc.)
- Proof of steady paycheck (pay slips, tax returns, or bank statements)
- Proof of residence (utility bills)
How many installment loans can you have?
You can have an unlimited number of installment loans on the condition that you qualify for all of them. For example, you may get approved for a mortgage if you have not even paid off your car title advance yet. The same applies to any other type of installment loans.
What are car title loans?
A title loan is the most common type of secured loans where applicants can use their car as collateral. These cash advances are short-term and feature a bit higher APRs than other financial sources. Lenders traditionally do not run hard credit checks, so title loans are affordable and quick to get.
How do online title loans work?
When you are getting a title loan, you allow the provider to place a lien on your car title and become a partial or full owner of your vehicle. And once the money is repaid, your lender removes the lien, and you regain possession of your car. In case of default, the vehicle will be seized as compensation.
How much can I get title loans?
The amount you can get with a title loan depends on the wholesale car value. To determine the exact sum you qualify for, the lender inspects your vehicle and evaluates its general condition according to certain criteria. On average, you can borrow from $100 to $50 000 or 25% - 50% of your car value.
How to get title after paying off car loan?
Since the lender is now specified in your title as co-owner or owner of the car, you will need to obtain a new document by bringing the lien release to the DMV. Some lenders do this work for you and send you a new title with you as the car owner right after you pay off the full amount of your debt.
Where can I get a title loan?
The most convenient way to take out a title loan is to turn to direct lenders that provide financial services online. Thus, you will get funded easily no matter where you are, since lending companies are available throughout the US. Also, it is a great way to explore various title loan offers and borrow money on favorable terms.