Alaska
Payday Loan Faq
What
is a Cash Advance, Payday Loan, or Paycheck
Loan?
A payday advance
provides you with an unsecured, short-term
cash advance until your payday. Customers
choose payday advances to cover small, unexpected
expenses while avoiding costly bounced-check
fees and late payment penalties. With Personal
Cash Advance you can apply for a payday
loan online and have your advance electronically
deposited to your checking or savings account.
What
about Qualifying?
Qualifying for a payday loan advance is
easier than qualifying for traditional credit.
Personal Cash Advance does not perform credit
checks. Your job and your paycheck act as
your collateral. You only need to meet the
following requirements:
- You're
currently employed or receive recurring
income regularly.
- At
least $1000/month if employed or
$800/month if on a fixed income.
- Your
paycheck is direct deposited into your
savings or checking account.
Do
I need anything else?
After completing an application, you will
be asked to fax in copies of the following
documents:
- Copy
of drivers license, State issued ID or
Military ID.
- Copy
of a bank statement within the last 30
days.
- Copy
of a personal check marked "VOID".
- Copy
of your most current pay stub.
Does
the process take long?
Customers typically receive approval within
hours of applying. Since the money is wired
directly into your checking or savings account,
you can usually have access to your funds
the very next day
What
if I have bad credit or a bankruptcy?
Not a problem! Personal Cash Advance does
not obtain a credit bureau report to qualify
you for a cash advance payday loan.
What
about collateral to receive a loan?
No. Your job and your paycheck are your
collateral.
Do
I need direct deposit?
At this time we can only process your loan
if your paycheck is direct deposited; it
is the most secure way to offer loans as
quickly as we do.
Is
there an application fee?
Personal Cash Advance never charges applicants
a fee to qualify for a payday cash advance
loan.
Do
provide payday loans in all 50 states?
Yes, at this time our lender is able to
provide payday cash advance loans to clients
in all 50 states. We prefer you picking
the state you live in on the left side of
this screen and visiting our partners site
to submit your state by state application.
Do
you offer payday loans to Canadian Citizens?
Yes, we do have a Canadian payday loan lender,
please click on
This Link To Apply.
What
if I need to reprint my Loan Agreement documents?
You may contact us info@cash-advance-quick.com
and we will assist you.
Is my application
and financial information secure?
Absolutely. We respect our customer’s
privacy needs in managing their personal
finances. Our site uses a variety of security
measures to maintain the safety of your
personal information. All sensitive information
transmitted between your browser and our
website uses 128 bit Secure Socket Layer
(SSL) encryption technology.
How
often should I use this service?
Whenever an immediate or urgent need arises,
Personal Cash Advance is here to help. It
is important to remember that a payday cash
advance loan is a short-term answer to an
immediate cash need. Payday loans are not
intended for repeated use in supporting
an on-going budget situation from payday
to payday. Repeated use or reliance on payday
loans can create serious financial difficulties.
If you need help with credit, budgeting
or debt management, please contact the National
Foundation for Credit Counseling at 1-800-388-2227.
How
is the payday cash advance loan amount determined?
State law regulates and limits the maximum
advance amount to between $100 and $500.
Within that range, you qualify for a payday
advance amount based on your current income
How
are fees established?
Our fees are competitive and in compliance
with all applicable state and federal laws.
Why is there so much
information in the Loan Agreement?
The Agreement is a contract that complies
with all applicable state or federal disclosure
requirements. It completely outlines the
terms of the payday advance, including the
cost of the service fee both as a dollar
amount and as an annual percentage rate
(APR).
How
soon do I have to pay back the loan?
Payday cash advance loans are generally
repaid back when you receive your next paycheck.
The standard time for loan repayment is
usually no less than seven days and no longer
than eighteen days. Of course you may also
pay back your loan at anytime without any
prepayment penalties.
What
if I can’t repay the payday loan in
full on my due date?
We have different payment options available
for our customers:
1.
Paying the loan in full on the maturity
date listed on your loan agreement.
2. Paying the finance fee and a portion
of the principle on or before the maturity
date.
3. Paying only the finance fee on
the maturity date.
Some
additional terms and conditions may apply.
Please ask your loan consultant about all
of the repayment options.
Alaska
Cities:
Currently
Alaksa Payday Loan is serving the following
alaska cities below for cash advances online.
If you live in another state you can either
choose the state option on the payday loan
navigation to your left or click apply and
we will forward your application to the
payday loan lenders in your state instantly!
