Frequently Asked Questions
(Cash Advance & Installment Loans)
For the general FAQ, click here.
For the FAQ for title loans, click here.
What are cash advances and installment loans?
The Cash Store’s installment loan or cash advance services make it easy to get the cash you need—fast! Installment loans enable you to finance the amount you need by making a number of small monthly payments over a longer loan payback term, while cash advances (also called payday loans) are short-term loans for quick cash. Both options offer a good way get the cash you need to cover monthly credit cards, car, mortgage, or other debt payments. And unlike with banking or other finance lenders, the credit checks are never required so it’s quick to get your bad credit installment loan or cash advance—today!- What’s the maximum amount I can get?
You could apply and qualify for an amount of up to $2,000* cash with an installment loan or cash advance (payday loan) from the Cash Store. Want to know how much cash you could take home today? See our online loan calculator to find out! Plus, right here on our web site, you can apply using our secure online loan application form. It’s fast, easy, and free! At the Cash Store, we value your privacy and security—which is why we never check your credit history and use your individual take-home income or net pay to determine your final cash loan amount. Although, we also factor in the required state laws to calculate the final approval amount. For more information on finance options in your state, contact your local Cash Store and visit with one of our knowledgeable and experienced cash lenders.
- How much do loan products and services cost?
Due to several factors—including state requirements and final approved loan amount—the total cost (including rates and related fees) of cash advances and installment loans varies. At the Cash Store, you’ll always enjoy fair and competitive loan terms, high approval rates, and an experienced cash lending team committed to protecting your personal privacy. Quite simply, we’re here to work with you to find the cash loan service and payment options that fit your exact needs!
- How do these loan services work?
At the Cash Store, we know that your time is valuable. That’s why we make our cash advance and installment loan application process as fast and easy as possible! To get started, simply fill out our free secure online loan application form. Then, once your application is submitted, just head over to your nearest Cash Store location where your personal information will be securely reserved on file. At the store, you’ll quickly complete the loan application process. Within minutes, you’ll be walking away with your cash in hand!
- How fast is the application and cash payment process?
With a bank or other type of finance lending company, it can take days or even a week or more to complete the loan process. However, with installment loans and cash advances from the Cash Store, you can find the money you need—today! To get the loan application process started, simply fill out our free secure online loan application form form to establish an account us. As a first-time customer, you can typically open an account and receive the amount we have reserved for you in 15 minutes or less. Once you have established an account history, future Cash Store loan transactions can be completed in 5 minutes or less!
- What kind of information about my work income, personal history, or banking situation will my lender need to see?
At the Cash Store, your personal privacy and security is our top priority. And you never have to worry because credit checks are never required! However, to qualify for installment loans or cash advance loans, there are several criteria you must meet. Upon completing the secure online loan application form, you must bring proof of income (such as a recent paycheck stub), a valid driver’s license or other state-issued ID, and an active personal checking account (including a personal check from this bank account) with you when you come in to pick up your cash.
- What is my take-home or net pay?
Your take-home or net pay is the actual amount of money deposited into your bank account after standard deductions are withdrawn from your paycheck, such as taxes, medical insurance, Social Security, 401(k), etc. Regardless of your payday frequency—weekly, monthly, or something in between—your check stub will show these deductions and list your final payday amount. At the Cash Store, we use your take-home or net pay to help determine the amount of your installment loan or cash advance.
- Where can I find my checking account number?
Your checking account number located at the bottom of your personal check. It’s the set of digits to the right of your nine-digit routing number. Your account number may also be listed on your monthly bank statement—although today many banks list only the last few digits of your account number for security purposes. If you have any questions, you can also contact a representative at your bank.
- Where can I find more information?
If you have additional questions—that haven’t been sufficiently answered here about applying or qualifying for a payday cash advance or installment loan—please call 1-888-950-CASH (2274) to speak with one of our experienced Cash Store loan lenders at a a Cash Store location nearest you!
- Are installment loans a good finance option for military personnel?
Yes, when you need cash fast, installment loans (also often referred to as signature loans or military personal loans) are good a lending option! In addition to the Cash Store’s easy, convenient application and approval process, our installment personal loans provide the added flexibility of smaller loan payments over a significantly longer loan payback period—which can be very helpful for families engaged in active military service.
