Cash Central Payday Loans Review

Cash Central Payday Loans is offered by Direct Financial Solutions, a direct lender founded in 2005 and based in North Logan, UT. Cash Central Payday Loans is offered in 22 states across the USA.

What are the Cash Central Payday Loans rates & fees?

Cash Central Payday Loans offers payday loans with loan fees ranging from $15 to $540. These loans are meant as a short-term source of credit but if you calculate the annualized percentage rate of those fees you get rates ranging from 214.61% to 2463.75%.

How much can you borrow from Cash Central Payday Loans?

Loan amounts start at $100 and go up to $2,000.

What is the maximum loan term you can get with Cash Central Payday Loans?

Cash Central Payday Loans has payday loans with a maximum term of 35 days.

What do you need to qualify for Cash Central Payday Loans?

Applicants with a credit score of at least 300 and up to 650 are eligible for Cash Central Payday Loans.

To qualify for payday loans with Cash Central Payday Loans, applicants need a minimum annual income of $7,200 or higher. Cash Central Payday Loans will consider borrowers regardless of their employment status if they can prove their ability to repay their obligations.

The Military Lending Act (32 C.F.R. § 232) prohibits lenders from charging service members more than 36% APR on credit extended to covered borrowers. APRs for the Cash Central Payday Loans product fall outside of the MLA limits and as a result the product cannot be issued to these applicants. Active duty service members and their covered dependents are considered “covered borrowers" under the Military Lending Act.

Does Cash Central Payday Loans run credit checks?

No, Cash Central Payday Loans will not run your credit with the three national credit reporting agencies (Equifax, Experian, and TransUnion). However, they may look at other databases to check your payment history.

What is the estimated funding time for a payday loan via Cash Central Payday Loans?

Cash Central Payday Loans will typically provide a credit approval decision in less than an hour and fund the loan within 3 business day .

For more information on payday loans, tribal loans, and their alternatives, read this guide.