What Should I Ask a Cash Advance Company before Applying?Choosing the right cash advance company to work with can be as easy as choosing Quick Cash To Go. But, any good lender or lender matching service wants you to feel secure and comfortable with the decision you make. So, whichever service you decide to apply with for your quick personal loan, be sure you ask the right questions. These are just a few basic questions you should always get the answers to before moving ahead with a loan.
Will the Cash Advance Company Keep my Information Secure?
This is a critical question for any cash advance company, but especially when you are getting your loan online. You need your social security number, address, and other identifying information to be safe from hackers and identity theft. You should be able to find a company that uses legitimate encryption software and that has active policies for protecting borrowers. This should include deleting your information after the loan goes through and allowing you to opt out of third-party marketing opportunities with no penalties.
How Soon Can I Get My Cash?
Also important is when you get the money from a cash advance company. If you are turning to an online cash advance, chances are you could have used that money yesterday. Not all lenders are the same, but the best companies working online will make a quick transfer of cash immediately after the loan documents have been signed. Your bank may take some time to make the money available to you, but a typical time from application to money is by the next business morning.
How Does a Cash Advance Company Approve Applications?
If you can’t get approved for a loan, then no other questions really matter. Before you apply, know what the cash advance company requires for you to get approved so that you don’t waste your time. A lot of traditional lenders start with a minimum credit score requirement, but online cash advance lenders often do not. A good lending service will require that you have a job, a certain minimum income, and a decent job history, but won’t require that you hit a certain number on a credit score. These lenders look at more important factors to get you approved.
Does This Cash Advance Company Have a Mobile App?
Of course, you also need convenience when it comes to getting a loan. You may not have time to go to a storefront, during business hours, just to stand in line for a paper application. You want to go online and make the process easier and faster. To make it even more convenient for your individual schedule, go with a cash advance company that has a mobile app. This can be downloaded once and used whenever you are on the go but need to apply to take care of a financial issue. With an app you don’t have to wait until you get home or have access to a computer. The application is always available, no matter where you are. If you ask these questions, and others, and get good answers, you can feel good about your loan.