Cashback Payday Loans Review
Cashback Payday Loans is a short term loan offering by Cashback LLC, a direct lender based in Rancho Cucamonga, CA. Founded in 2003, Cashback LLC offers access to payday loans in 1 state across the USA.
What are the Cashback Payday Loans rates & fees?
Cashback Payday Loans offers payday loans with loan fees ranging from $15
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 460% to 460%.
How much can you borrow from Cashback Payday Loans?
Loan amounts start at $100
and go up to $300.
What are the Cashback Payday Loans minimum approval requirements?
- Applicants with a credit score of at least 300 can apply for a loan via Cashback Payday Loans.
- You'll need a minimum monthly income of $1,100 to qualify for a loan with Cashback Payday Loans.
- Active duty servicemembers and their covered dependents cannot apply for a loan via Cashback Payday Loans. The Military Lending Act prohibits lenders from charging servicemembers more than a 36% APR.
Does Cashback Payday Loans run credit checks?
No, Cashback 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 Cashback Payday Loans?
Cashback 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.
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