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Cash Advance Loans –Most Common Questions

 

How do I qualify for a cash advance loan?
With MyBestCashLoan.com, it is easy to qualify for a cash advance loan.
Meet our minimum requirements and you are pre-qualified for a cash advance loan:

  • 18 years of age
  • U.S. Citizen
  • Employed at current job for 3 months
  • Make at least $1000 per month
  • Active checking or savings account
  • Direct deposit
Can I extend my loan if I am unable to pay it off on the due date?
Loan extensions are not available in all states. If state law allows, you may be able
to pay an additional fee on the due date and extend your loan until the following pay date. You will still owe the original loan amount plus the finance fee at that time.
Please contact your customer support representative to discuss the possibility of extending your loan.

What is a cash advance loan?
A cash advance loan is a short-term loan that is paid back on your next payday.
It is typically used to cover bills, medical emergencies, and more.

When will my loan be due?
You cash advance loan is due on your next payday, which is typically between
seven and fourteen days.

What if I have bad credit?
Bad credit does not prevent you from qualifying for a cash advance loan with MyBestCashLoan.com.

How much money can I qualify for?
You loan amount is based on your income and the information that you provide
on your loan application.

How do I know if my loan has been approved?
You will receive an email notifying
you of your loan status.

When will I receive my cash advance loan? Once your loan has been approved,
your money will be electronically deposited into your account the next day.

Can I pay off my loan early? Please contact us if you would like to pay off your loan early. You may be entitled to a partial refund of your finance fee.

When I pay off a loan, how soon can I get another cash advance? Once your loan payment clears through the bank, you can request another cash advance.

Can I have more than one cash advance at a time? No, you may only have one
payday loan at a time with MyBestCashLoan.com.

How do I pay back my cash advance? 
Your payday cash advance is repaid with a pre-authorized electronic withdrawal from your checking account for the loan amount borrowed plus a finance charge.

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