Cash Advance Plus
cashadvanceplus.com
28959 Sussex Hwy
Laurel, DE 19956
Cash Advance Plus is a locally owned and operated company based in Laurel. Like many payday loan organizations in Delaware, they understand that there are strict regulations in place regarding payday loans but also a lack of rules when it comes to fees and interest rates. To stay competitive, this site lists a lot of information right on their front page regarding both payday loans and unsecured personal loans.
To circumvent the $500 payday loan limit in Delaware, this company offers many alternative loan systems such as “signature” loans that are unsecured personal loans and car title loans where you put your car up as collateral toward what you borrow. This company acts as both a middle man to connect you with other companies and also as a private lender themselves.
What They Offer
Cash Advance Plus has many options available to Delaware residents. There’s the traditional payday loan where you use your checking account and agree to pay back the loan in full at the designated time but there are also personal loans from the company to you. These are typically larger dollar amounts that you pay back over a significant amount of time such as six months or a year.
By offering various services all on one site, you have a lot of flexibility and are free to choose exactly what you need given your circumstances. Paying a couple bills may only need a normal payday loan while repairing a damaged vehicle may require quite a bit more than the $500 payday loan limit in Delaware.
If you don’t have a checking account, this company offers pre-paid debit cards instead. You will get the card with your money on it minus any fees they charge and you’re expected to pay it back in full on the designated pay back date.
Where They Are Located
This company operates from Laurel, DE but has branches in Dover, Milford, Millsboro, Seaford and Delmar. While it may be necessary to visit a physical office for larger loans, for traditional payday loans you simply have to fill out the application available on the website.
Rates/Terms
The rates and terms in Delaware vary greatly as there are no specific regulations in place regarding fees or APR. To find out specific terms, you will need to contact one of their customer service representatives or visit a local office. The amount you can borrow and how much you’ll need to pay in fees and interest will vary depending on the amount you are approved for and how long you need to pay it back.
The website states first time clients typically borrow between $350 and $1000.
Additional Info
Like similar companies, this one honors all competitor’s coupons and features a “refer-a-friend” bonus that is paid to you in cash.
