Do you know what a cash loan is? Do you know how this kind of loan can help you when you’re short on money? If you don’t know much about cash loans, now is the time to learn. With this basic lesson on cash loans, you’ll get the information you need to understand a lending product that can provide a helping financial hand when you really need it. Understanding finances is important, so read on to learn about your next cash loan.
A Cash Loan is Based on Income, Not Credit History
The first important lesson about a cash loan is that it is different from other loans. Unlike a bank loan you don’t have to have a stellar credit score. Unlike a title loan or pawn loan you don’t have to secure the financing with something important to you. With a cash loan you simply prove to your lender that you earn a certain amount from your job. If your income meets a minimum requirement as set by the lender, you will most likely be approved right away. Cash loan lenders know that credit history doesn’t tell the whole story. They know that if you have a regular job and a regular paycheck you can be treated like an adult who can be trusted to repay a loan on time. Bad credit doesn’t always mean a person is irresponsible about money. We all make financial mistakes sometimes, but you don’t have to pay for it until the end of time.
Cash Loans are Offered Online
You can get a cash loan just by going online and filling out an application. Don’t leave your home or go to a bank. Just turn on your computer and find the online application. You can even apply for a cash loan from your smartphone using a mobile app, which means you can apply anywhere you have cell service or Wi Fi. We offer service this way because we want borrowing money to be easy and accessible. We think everyone who works hard every day should have access to simple, easy, and quick cash loans. The lenders we work with think so too and partner with us to provide people with quick cash that is hassle-free and not based on credit score. These are the simple truths about a cash loan and here’s one more for you: apply today and get cash today.