First American Cash Advance
771 Beverly Pike
Elkins, WV
(304) 636-6848
firstamericancashadvance.com
What They Offer
When a person who needs a loan hears phrases like “cash in one hour” or “instant cash,” he may wonder if it is a scam. The First American company, which is connected to The First Capital Cash Network, will live up to these promises to their borrowers. Your loan may not be instant, but it can be as close to instant as reasonably possible.
The First American website has a tiny application form, asking for very little information from a borrower. It asks for your name, address, birthdate, Social Security number, your driver’s license and telephone number, and your email address. They need to know you are a United States citizen, that you are at least eighteen years old, and that your bank accepts direct deposit. They also ask if you are currently a member of the military, or a dependent of a serviceperson.
Rates and Terms
First American state they have a 99% approval rate. While a pay day loan is generally limited to $500., they offer special promotions where borrowers can receive more than this amount. However, the final decision about the highest loan you can receive is up to the participating lender.
Eligibility for a loan through this company requires you to have a steady income of not less than $1000. monthly. In most cases, this factor is enough to guarantee your eligibility for a pay day loan. While some pay day loan companies accept applications from individuals who are on fixed incomes, this company is clear that a person must be an employed adult in order to apply for a loan.
As First American applications are so fast and easy to complete, it will take only a few minutes. Processing an application takes only a few minutes more. Your money will be directly wired to your bank account the following day.
Additional Information
This company works with a network of participating lenders. After a borrower fills out the online application, his information is shared with the lenders who are most likely to approve and grant a pay day loan. Although First American may accept an application from a borrower who has bad credit, a credit check may be done by the lenders. The lenders may also review and verify all of the other information contained in the borrower’s application.
The lenders who decide the applicant is eligible for a loan through their lending companies will either provide their contact information or direct the borrower to their own websites. The applicant will then deal directly with the lender to complete the process and finalize his pay day loan agreement.
Many people who approach online pay day loan companies make the mistake of thinking the company is actually a lender. First American, as many other web-based companies, has the sole purpose of matching people who need loans with lenders who are willing to provide the loans. While this web-based company does not have the ability to issue any pay day loans themselves, they do their best to help borrowers find the right lenders.
