Terms of fast cash loans companies
When there is a need to get cash within a short time, it is helpful to find a company that offers fast cash loans. There are many companies that are in this business but it is difficult to determine the one that you can approach. This is the reason why it is important to understand the advantages and disadvantages of top companies that are in the market. The fast cash services that are offered are:
Team Quick Cash
This is a fast cash loan service that matches the customers with the lenders in their network who provide the best services in the market. This has been designed to provide the customers with loan amounts that are as high as possible and at low rates. There is no requirement for credit check and the process for the loan approval is very fast. In most instances, it only takes just two minutes.
The best thing is that there is no need to fax the documents unlike what is required for many loan services on offer. The shortcoming of team quick cash is its interest rates that at times can be very high. If you happen to be late when making the loan repayment, the interest rate can get higher.
However, all these challenges are in other companies as well and in some way, they come with a territory. The basic thing is that the service is a great and convenient choice when looking for fast cash.
Think cash can be credited for bringing a revolution to the process of getting cash loans. Instead of asking for a loan repayment at the time of the next paycheck, the service instead provides a short term loan that is paid in installments. This means the borrowers can expect to get lower costs and the payback period for the fast cash. Then, loan amounts are also higher. The common complains about Think Cash service is that the online process for loan application is difficult to navigate.
However, there are some who say that it just needs one to get used. This might be true but it is still harder to apply for a loan using this service than when you use other fast cash loans service. On top of this, there is another complain that the time it takes to get the applied loan processed so you can use the cash is very lengthy. However, almost all the applicants receive the loans within a day after application in most cases. This is also common in all the services.
100 -Day Loans
These loans have a fresh way for playing the fast cash loans game. Usually, the borrowers are requested to pay back their loans after getting their paycheck. This service offers up to 100 days for paying off the loan. The fast cash loan process by this service is also very simple. About 80 percent of all those who apply for loans through this service are approved from valid statistics.