How does Cashnowwork?
Cash Now provides short-term cash advances that are electronically deposited into your checking account. Everything from application to payment is done electronically via our web site. When your loan is due, the amount borrowed plus a service fee is debited from your checking account.

When will the money be in my bank account?
If your application is approved before 4PM EST or 7PM EST on a banking day, we will transfer the money to your bank overnight, and the funds should be posted to your account the next banking day.

What if I cannot pay the amount owed by the due date?
If you choose not to pay your loan on the due date, you can extend the loan for an additional fee. You can extend your loan up to three times, paying only the finance charges and fees due at that time.

NOTE: After THE FIRST THREE (3) extensions you must pay (on loans up to $599.00) a minimum of $50.00 more than the fees due until the loan principal is fully repaid. On loans of $600.00 or more you must pay a minimum of $100.00 more than the fees due until the principal is fully repaid. ANY LOANS that exceed 27 days in duration, the above payment minimums on the principal are doubled.

Why do I have to pay extra on the principal when I do an extension?
Payday loans are designed to be short term loans to meet an immediate need. Unfortunately, a dependence on extensions moves a customer into a long term situation which is not in their best financial interest. We are committed to dealing with consumers with honesty and integrity and do not wish to take advantage of anyone or to allow them to abuse a system to their own harm.

Can I have more than one loan at a time with Cash now
No. We only allow one loan per household or bank account at a time. You must wait at least 4 banking days after paying off a loan before applying for a new loan.

Do I need access to a fax machine?
Yes. If you are a new customer applying for the first time, you must fax your current bank statement and a voided check before your loan application can be considered. Previous customers with Bank Statements already on file that are more than 90 days old, will need to fax a new current bank statement and voided check when they apply for another loan.

HOW DOES A PAYDAY ADVANCE WORK?
Even if you have bad credit, you can still get quick cash for emergencies. Payday advances, also called "payday loans", "cash advances","instant cash loans", "payroll advances" or "paycheck loans" are short-term loans that can be taken against a future paycheck. Cash Now loans require no faxing. Just fill out the online application for instant pre-approval. You can have your no fax cash advance deposited into your account overnight. If approved, your loan proceeds will be deposited directly into your personal bank account. When your loan payment is due, the finance charge will be automatically debited from your checking account unless other payment arrangements have been made.

WHEN WILL I GET MY MONEY?
As soon as we have ALL the information from you that we need, the approval process takes about one hour. If approved, your cash advance loan amount will be deposited into your personal checking account the next business day (if approved by 6PM Eastern time). If you are denied, you will receive an email. You can also call two business hours after applying to check the status of your application on our fully automated system.

WHEN WILL I KNOW IF I AM APPROVED OR DENIED FOR A LOAN?
As soon as we have ALL the information from you that we need, the process takes minutes. If you are denied, you will receive an email from us. You can also log into our automated e vault system to check the status of your account.

HOW MUCH IS THE FINANCE CHARGE?
The Annual Percentage Rate (APR) on a typical 14 day loan is 520.00% to 782.14%, which is $10.00- 30.00 per every $100.00 borrowed. You can also renew your loan.

WHAT ARE MY PAYMENT OPTIONS?
1) Pay the finance charge only:
You will automatically be set up for this option. On your first due date, and the following 3 consecutive pay dates, we will debit the finance charge ONLY. On the fifth pay date and each pay date thereafter, we will debit a minimum payment of $50 towards your principal loan balance PLUS your finance charge until the loan is paid in full. Once your loan is paid off, you will have to wait three (3) business days to be eligible for another loan.

2) Pay the finance charge AND a payment towards your loan amount:
We will debit the finance charge due plus a payment towards the loan amount on your loan due date. TO CHOOSE THIS OPTION, YOU MUST NOTIFY US NO LATER THAN THREE FULL BUSINESS DAYS PRIOR TO YOUR LOAN DUE DATE to inform us of the amount you want to pay. The loan payments must be in increments of $50.00 (for example: $50.00, $100.00, $150.00, etc.). Remember you will still owe your new loan amount along with another finance charge on your following payday.

3) Pay your loan in full:
We will debit the full remaining loan balance PLUS the finance charge on your due date. TO CHOOSE THIS OPTION, YOU MUST NOTIFY US NO LATER THAN THREE FULL BUSINESS DAYS PRIOR TO YOUR LOAN DUE DATE. Once we receive all monies from your bank account, your loan will be considered paid in full. To receive your next loan, wait three business days after your account has been debited and login into your account at www.Cash Now or through our e vault system.

Once we receive all monies from your bank account, your loan will be considered paid in full. To receive your next loan, wait three business days after your account has been debited and login into your account at www.Cash Now

WHEN DO I HAVE TO PAY MY LOAN BACK?
We will begin debiting finance charges from your account starting on your next payday, if your next payday is within 7 days of receiving your loan, we will begin debiting on the following payday.

DO I HAVE TO PAY THE LOAN BACK IN FULL?
No. You have the option of renewing your loan. You do not have to do anything to select this option. You only need to notify us if you want to pay down or pay your loan in full.

WHAT IF I CHANGE MY MIND AND NO LONGER WANT THE MONEY?
In that case you need to sign in the evault and notify us immediately. . If the money has already been sent to your account, we will debit your checking account for the principle amount plus any fees pro rated.

HOW MANY TIMES CAN I RENEW MY LOAN?
You can renew the full amount up to 4 times. You must start paying down at least $50.00 on your loan every time you renew after that until your loan is paid off.

DO I HAVE TO PAY DOWN?
You do not have to pay down right away, after renewing the full amount 4 times you must start paying down. You may also choose to start paying down at any time.

HOW DO I MAKE PAYMENT ARRANGEMENTS?
If you want to renew your loan and pay only the finance charge, you do not need to do anything. If you want to pay down or payout, you must contact us at least THREE (3) Full Business Days prior to the Loan due date to inform us of the amount you want to pay. To do so, login to your account.

I ONLY GET PAID ONCE A MONTH, CAN I STILL GET A LOAN?
Yes, your loan payment (in most cases) will be due on your next payday.

I RECEIVE SOCIAL SECURITY PAYMENTS AS MY INCOME, CAN I STILL GET A LOAN?
Yes, you must make at least $800.00 monthly gross to qualify with most kinds of benefit income.

CAN I GET ANOTHER LOAN AFTER PAYING OFF MY CURRENT ONE?
Yes. You can apply for another loan 3 business days after paying off your current loan in full. To apply for another loan, login to your account and ask for a re loan.

MY RESIDENCE, EMPLOYMENT OR OTHER INFORMATION HAS CHANGED. WHAT SHOULD I DO?
Simply log into your account and update your info.

HOW DO I LOGIN TO MY ACCOUNT?
Login to your account at http://www.mytrustvault.com