Red D Cash
3101 W 41st St # 111
Sioux Falls, SD
(605) 334-8087
reddcash.com
What They Offer
Red D Cash and their participating lenders offer fast service. The online loan application can be completed within minutes. After your application is approved, it will be presented to lenders immediately. You will be directed to your loan agreement on your lender’s site. Simply review the agreement, and sign it if it is satisfactory. Your lender will deposit your money into your account.
An important benefit of Red D Cash is the company’s availability to lower-income people. While most pay day lending services require borrowers to earn at least $1000. per month, Red D Cash only requires a monthly income of $800. This factor helps many people who would not otherwise qualify for a loan receive one from this company’s network of lenders.
Where They Are Located
This company is a physical as well as web-based company, and is a direct lender. They do not have any physical locations. If you wish to apply for a pay day loan, you can do it on their website or visit a store near you.
Rates and Terms
As they are a direct lender, they can provide great figures of the rates and terms for pay day loans. In general, you can expect to pay between $12. and $35. for a $100. loan. The average fee for a loan this size is $23. There is a chart on the website that lists approximate fees borrowers can expect for loans of various amounts.
However, Red D Cash advises all borrowers to thoroughly review the loan agreement they receive from the lenders. One part of the loan agreement will cover the full cost of the loan you are offered, as well as an explanation of the fees. Another part of the agreement will cover information about the repayment terms. It will state when you must repay your loan, the method for repayment, and what you must do if you cannot pay it on time.
After they have connected you with a loan, it is up to you as the borrower to familiarize yourself with the contents of your loan agreement. If you have any questions, your lender will be glad to discuss them with you. Be sure you know about your obligations and options before you put your electronic signature on the agreement.
Additional Information
South Dakota residents who have bad credit histories or bankruptcies can apply at Red D Cash. They will try to find a lender who will work with you. Unless the information you provide on your application seems inaccurate or incomplete, you will not need to FAX any documents.
If you have not yet applied for a loan, Red D Cash can assist you with your application. They also welcome feedback from people who have received pay day loans through their company. An email form is located on the website for this purpose.
