Founded in 1993, by W.Allan Jones, Check Into Cash is a financial services retailer. They are considered to be a pioneer of the payday advance industry. The company is a national leader in direct lending and provides affordable, short -term, small dollar credit solution to customers. Check Into Cash is also a founding member of the Community Financial Services Association of America (CFSA). CFSA is the trade organization for the payday advance industry best practices. The company has A+ rating with the Better Business Bureau and is accredited by the bureau.
Its offerings also include:
- Title Loans
- Title Pawns
- Check Cashing
- Pay Day Advances
- In-Store Cash Advances
- Online Payday Loans
- Walk-in bill payment
- Western Union Services
- Low Minimum Amount: While applying for a Check Into Cash Payday Loan the user can borrow as little as $50.By borrowing only the needed amount ,they don’t have to end up paying extra interest, fees, and charges.
- Convenient and Quick: When the customer applies through online, the company informs about the applicant’s status in less than 60 seconds. After the approval, the funds are deposited in the bank account within 24 hours or the next business day.
- No limits for the utilization of funds: There is no limitations on utilizing the loan amount. The customer can use the loan amount for any legitimate purpose.
- Relaxed Application criteria: Most of the banks and lenders require a good credit history, applying for a loan. The customer having a bad credit can also apply for the loan with the company, as long as they have the ability to repay the money.
Check Into Cash – Loan Products
- Pay Day Loan: A pay day loan is a small dollar short –term advance. It helps to meet the customer’s small and unexpected expenses. Pay Day loans are short-term and are not intended for long term purchase .It is safe, and convenient and helps customers to expand their purchasing power. Comparing to conventional loans the qualification for loans are flexible.
- As the company is a direct lender, online pay day loans are perfect for those who find it difficult to raise extra cash. The process for online application takes only 5 minutes and the loans are approved instantly.
- In-Store Cash Advance: This is a short –term advance, that covers unexpected expenses of customers until next day. They need to simply write a check for the amount plus fee The customer needs to come in and pay back the advance on the pay day. These loans are meant for a period of two to four weeks.
- Title Loans: Title Loan is an easy way to avail fund against the value of car. The customer needs to bring their vehicle, to the nearest Check into Cash store. They need to submit the vehicle’s clear title and documents. In some states company offer Title Pawn instead of Title Loans. They are both very similar.
- Installment Loans: These are longer term loans. They are repaid over time, with a set number of scheduled payments. The term of payment may vary from few weeks to a few months.
- The Line of Credit: Line of Credit serves as a ready of extra cash for long purchases. The customer can borrow within their credit limit and only have to pay interest on the money they use.
Flex Loans are the open-end renewable line of credit which financial flexibility to cover unplanned expenses.
Check Into Cash – Check Cashing Services
Excluding the single-part checks, the company cashes all checks. The entire process is quick and painless one. After cashing the check, the customer will receive a preferred check-cashing card to simply, check cashing needs in future. They even cash the ones, the other check cashing services won’t accept.
- Printed or Handwritten payroll checks
- Government Checks
- Tax Refunds
- Financial Loan Checks
- Insurance Drafts
- Money Drafts
- Cashier’s Checks
- Two-party Checks
Check Into Cash – Walk-In Bill Payment Services
The customer can pay multiple bills with Cash at almost all locations of the company. The process is easy, convenient and secure. Payment Options are of two types, either next day or standard pay, which can take up to 1-3 days. Bills for Cellular phone, Credit Card, Gas, Power and much more can be paid. The customer will get a receipt for their payment and can avoid late fees or service charges.
Check Into Cash – Western Union Services
Through this Money Transfer Service can send money fast to over 345,000 Western Union Locations. Sending or Receiving money is easier and more convenient. Check Into Cash have Money Orders Service also. This service helps customers to make purchases and pay bills quickly without maintaining a checking account.
How does the process work?
The application process is straightforward and requires some basic information. The information’s include personal , banking ,and proof of income. After completing the process of online application, the company makes a decision on the application quickly. If it is approved they deposit fund directly into customer’s checking account. They offer standard terms.
On the due date, this service automatically withdraws the amount due on the loan from the customer’s checking account. If the customer needs an extension they can contact the company for the same. They also offer loan rollovers. Being in the business for over 20 years, Check Into Cash is one of the first names in pay-day loans.