Our Loan Process
CashToday.org does not make loans or offer any type of credit to consumers. Our website provides a referral service to people who need a quick infusion of cash and don’t have the time or luxury of borrowing money from more traditional sources.
A cash advance loan is considered a short-term loan. This simply means that the loan is due to be repaid in a very short period of time- usually within two weeks (or on your next payday). For this reason, we urge you to carefully consider your personal financial situation before committing to a cash advance loan. If you feel you will be unable to repay the loan when it is due, do no wait, you should:
- Contact your lender right away
- Find other means of borrowing cash, such as an advance on your paycheck
- Asking a close friend or relative for a small loan.
Borrowing money is a serious responsibility and should be approached with caution. A cash advance loan is not designed to help with long term debt problems. In fact, they can make an already bad financial situation much worse. CashToday.org strongly suggests that you borrow the least amount of money possible and use a loan such as this strictly for a genuine financial emergency.
Cash Today Minimum Requirements
Lenders evaluate applicants on many factors, including credit history and current level of income. The following basic requirements should be used just as a guideline for determining whether you are eligible to apply for a cash advance loan. Meeting these requirements does not guarantee that you will be approved for a loan.
- U.S. Citizen
- 18 years of age or older
- Active checking account
- Have a job or other source of monthly income of at least $1000
- May not be on active-duty with any branch of the U.S. Military
Remember, that this website is not a lender. We strive to match all applicants with an appropriate short-term lender but cannot guarantee that you will be matched. Every lender has their own requirements and makes their own loan approval decisions. Not everyone will qualify for a cash advance loan.
Once You Apply
Applying for a cash advance is easy and quick! On our secure website you will find a simple application form which you can fill out and then submit. CashToday.org will share your information with one or more lenders who then makes the approval decision.
Normally the approval process takes only a couple of minutes. Here are some things you can do to avoid any delays in processing your application.
- Complete the application form honestly and completely. It is a crime to knowingly give false information on an application.
- Make sure the information you give is easily verifiable. Most lenders will perform a credit check on applicants and will also verify critical information, such as social security number, address, phone numbers, and income.
- If possible, submit your application during regular banking hours. Lenders generally make all loan approval decisions during the week and during normal working hours. Applying late at night or over the weekend can delay a decision on your loan request.
Once you are approved, you will be directed to the specific lender’s website where you will complete your loan process. It is very important that you review and understand the terms and conditions of your cash advance loan. If you have concerns about being able to repay the loan in a short amount of time or are unhappy with any part of your loan contract, you have every right to refuse the loan. Until you officially sign your loan agreement, you are under no obligation to accept a loan offer.
Once you have signed the loan agreement, the cash funds will generally be transferred to your bank account within one business day. You should contact your lender directly to find out specific transfer times. Not all lenders offer one hour transfer times and many lenders do not provide the maximum loan amount ($1000). When you apply for a cash advance loan, there is no guarantee of what amount of cash funds you will qualify for.
CashToday.org wants to help you meet your financial obligations. While we don’t make loans or give credit, we hope to match all applicants with a reputable cash advance lender who can help ease your immediate financial situation. However, we do not want to add to your financial problems. This is why we encourage you to explore all your options and be certain that you can fulfill the terms of a cash advance loan. Please consider your own personal situation before committing to any loan agreement.
Residents of Arkansas, Georgia, New York, Oregon, Washington, West Virginia and Vermont are not eligible to apply.