Speedy Cash Payday Advance
1345 Park Avenue
Orange Park, FL
(904) 264-2300
speedycashinc.com
Speedy Cash features some of the lowest requirements for payday loans in Florida. Most companies need you to make $1000 per month but this company only asks that you make $800 per month to be able to qualify for their services. Of course you’ll need to have had an active checking account for at least three months and be employed for three months as well but this is standard at most payday loan companies.
Speedy Cash has a “quick and easy” application that can be completed in just a couple of minutes and will determine whether or not a payday loan is a viable option. If so, a customer service representative will call you back within minutes and begin the loan process with you after going over the terms, fees and pay schedule.
What They Offer
Speedy Cash offers traditional payday loans, title loans and even pawn loans. This variety helps consumers get exactly the amount they need. If you only need $20 for example, a pawn loan may be a better choice than a title loan that can get you $2000. The most popular loan is the regular payday loan that you’ll pay back fairly quickly.
Many companies offer multiple services such as title loans but as this company specializes in payday loans only, they are more able to keep up with individual state laws as they change throughout the years. This ensures you won’t be overcharged or pay fees that are no longer allowed by law.
Where They Are Located
Speedy Cash is a Florida based company that does business all across the state as well as online. By maintaining a large scale online presence, they are able to offer their services to more people regardless of where they live or what their time zone is. This can be a great benefit if you need to get cash while on vacation or traveling and simply don’t have enough resources to get funds from another source.
Rates/Terms
Speedy Cash abides by all the Florida payday loan laws. As of 2011, the maximum amount you can borrow is $500 and the typical fees you can expect are 10% of the total loan amount plus a $5 processing fee. Different types of loans will feature different rates so make sure you are getting a “payday loan” and not an alternative loan such as a “signature loan” as those fall under separate regulations within the state of Florida.
Additional Info
The Speedy Cash website features numerous informative articles regarding payday loans, recent law changes and personal finance. While you wait for a customer service representative to call you back to finalize your loan, you may find it useful to browse through some of their articles to see if you find anything interesting.
There are multiple testimonials available to view on the official website as well. It can be nice to hear the experiences past customers have had with payday loan companies.
