Cash Store
9208B East R.L. Thornton Freeway #207
Dallas, TX
(214) 321-0587
cashstore.com
While Cash Store is a web-based company but they do have multiple stores in Texas. Borrowers who do not live near one of these physical locations can apply for a pay day loan online.
The income requirement for eligibility is $1000. per month for people who are employed. If you are receiving fixed income benefits, your benefits must be at least $800. per month. You must have had a bank account for at least ninety days, and provide a bank statement covering the last thirty days. It can be either a savings account or a checking account. You need to be either a citizen or resident, and not under eighteen years old.
Cash Store will process pay day loans between $100 and $500 on average. You will receive a notification about your approval status a couple of hours after you submit the application. It will take less than twenty-four hours for the funds to arrive in your bank account. Borrowers who have a checking account will receive the money by direct deposit. Individuals with savings accounts will receive their loan funds by electronic deposit.
The application can be found on the Cash Store website. The first part of the application consists of your personal information. In addition to your basic contact information, you are also asked your mother’s maiden name, and whether you are a member or dependent of the military. In the second part, you will list detailed information about your employment. This includes your first, second, third, and fourth pay dates.
The next section asks for your banking information and two references. You must provide the phone numbers of your references. You also must state how long you have had your bank account.
This company offers three repayment options. You can pay the full amount when it is due. You can pay a percentage of the loan’s principal and the finance fee. You also have the option of paying your finance fee when it is due, and requesting an extension.
Cash Store can process pay day loans for people who currently have outstanding loans. This is one factor that makes this company different from many other pay day lending services. However, in order to qualify for an additional loan, the total amount of your outstanding loans must be $500 or less. Some lenders have the additional requirement that outstanding loans are limited to two loans.
Cash Store is currently one of the top online sources for pay day loans. They do not require any collateral, and there are no credit checks. If you choose their online application process, they will match you with a lender who offers low rates and fast, quality service. As these lenders have competitive rates, and abide by Texas law for maximum finance fees, you will pay no more than a $12 finance fee on a two-week, $100 loan typically.
Texas residents who are not near a pay day lending location will find Cash Store a good option. As the entire process can be done online, your personal and banking information will be secure and confidential.
