Check Into Cash provides payday loans and title loans online and at over 1,000 store locations. The company is based in Cleveland, Tennessee. In cases where a borrower doesn't meet Check Into Cash Check Into Cash's lending criteria, it matches customers with other lenders that do service that demographic within its network.
How Does Check Into Cash Work?
Check Into Cash provides loans online and at its brick and mortar locations. Online applications can take as little as Customers can apply online or at one of Check Into Cash's stores. The online application takes as little as five minutes to finish; and if you're approved, Check Into Cash will transfer the money within a day. Borrowers who apply in person at one of their stores can walk out with their cash within minutes of completing the applicaiton. Check Into Cash title loans require borrowers to provide a clear title of their car as security, but the interest rates are lower.
What Are The Interest Rates?
Check Into Cash's interest rates vary from 153.65% to 1041% APR on a 14-day loan depending on which state you live in. Check Into Cash doesn't charge a regular interest rate. Instead it charges a flat fee per loan. For instance, in Utah borrowers must pay $75 for a $300 payday loan, while in Illinois the same loan has a fee of $46.50. The equivalent APR on payday loans varies depending on the term of the payday loan. The shorter the loan, the higher the equivalent APR will be.
How Much Money Can I Borrow from Check Into Cash?
Maximum loan amounts vary from $100 to $1,500 depending on where you reside. To illustrate, the maximum in Texas is $1,500 for online loans and $1,000 for in-store loans. In For instance, the maximum loan amount in Florida is $500 while residents in Utah can apply for an online loan of up to $1,500. In South Dakota, on the other hand, the maximum loan--online or in-store--is $500.
Which States Does Check Into Cash Operate In?
Check Into Cash doesn't operate in Arkansas, North Carolina, West Virginia, Montana, North Dakota, Minnesota, Maryland, Pennsylvania, New Jersey, New York, Massachusetts, Connecticut, Rhode Island, Vermont, New Hampshire and Maine.
There are no in-store loans available in Oregon and there are no online loans in Arizona, New Mexico, Colorado, Nebraska Iowa, Kentucky Virginia, South Carolina and Georgia. All other states have both online and in-store loans.
Title loans, on the other hand, are available in Alabama, Arizona, California, Georgia, Illinois, Kansas, Louisiana, Mississippi, Missouri, Ohio, Tennessee, Texas, Utah, Virginia and Wisconsin.
What Is Check Into Cash's Application Process Like?
As with most payday lenders, Check Into Cahs's application process is fast and easy to complete. Approved borrowers can receive their loan with 24 hours, for online borrowers, and within minutes for in-store applicants. Borrowers must provide proof of income and identity. Bring pay stubs, bank statements, your Social Security Number and any othert type of identification you wish to use.
How Is It Better Than Other Lenders?
Check Into Cash offers the flexibility of in-store and online loans. If you live in an area where Check Into Cash has stores, it can mean getting cash in matter of minutes instead of hours. Interest rates are high but they are still competitive when compared to other payday lenders. Unlike many other lenders, Check Into Cash is licensed in all the states where its loans are available.
Its loan matching service can be a help to people who don't meet Check Into Cash's loan criteria but need to find a loan elsewhere. Of course, participating in this thir-party referral system means you have to be willing to share your personal information with other companies or individuals.