Cashlender.com
Web-based only
No physical address
There is one very important difference between Cashlender and other pay day loan resources you may find on the web. Many other services work by matching people who need to borrow money with lenders who will assist with the loans. In contrast, Cashlender itself is a lender. This means everything related to your loan is between this company and yourself. You do not have to deal with other individuals or other companies when you apply on the Cashlender.com website.
Cashlender does not have very many requirements for borrowers. You will need a checking account. You must be eighteen years old, and either a permanent resident or citizen. While Cashlender does not specify a minimum income, you must have had your current job for no less than a month.
If you have not acquired a loan through Cashlender before, the maximum you can borrow is $700., but your loan may actually be less than this amount. The total cost of your loan depends on the amount you borrow, and the length of time before your repayment is due. As an example, a loan of $100. will result in an additional $18.62 in loan fees. The APR on a 14-day loan is 485.45%. The website has a handy chart where you can calculate both your fees and interest before you apply for the loan.
Repaying a Cashlender loan is convenient and easy. You will receive an email a day or more before the due date. If necessary, you may be able to receive an extension.
Cashlender’s application is a standard application. In addition to your basic information, the company also requires the names and telephone numbers of two references. Unlike some lending companies, this company allows borrowers to list family members as references. Parents and siblings are options, as well as friends and coworkers.
Applications approved before 9:00 p.m. will result in loan funds being transferred to the borrower’s bank account the next day. However, Thursdays at 9:00 p.m. is the cut-off time for overnight processing. After this time, loans will arrive in the borrower’s bank account the following Monday. If you are requesting a loan during a holiday, or are uncertain about your bank’s policies, give your bank a call.
Cashlender offers a number of extra benefits. You can receive $20. by referring someone else to this service. There is no limit to the number of people you can refer to earn this bonus. If you become a preferred member, you will be eligible for extra savings. You can save between 10% and 30% on your future loans.
There are many reasons to choose Cashlender.com for your pay day loans. Between the variety of benefits you can receive to the convenience of dealing with only one service, it is one of the best options on the web. If you have any questions about Cashlender or your pay day loan, you can reach their customer service department by email or telephone, twenty-four hours a day. The website also has an online chat feature for extra convenience.
