Lone Star Cash Services is here to help you meet all of your short term lending needs in Wylie, TX. If the worst has happened and you need a cash advance or payday loan to get you by, you are in the right place. Please take a minute to learn about the different loans available to you and when you are ready, start the application process.
Payday & Cash Advance Loans
If you need money in a hurry, this is usually the best alternative. Payday loans are easy to apply for, easy to qualify for and fund very quickly. You can get a cash advance deposited directly into your bank account the next business day. These loans are designed to quickly get you the money that you need to pay emergency car bills, medical bills or to help you get emergency expenses paid. The fees are higher than traditional loans but they may be cheaper than the alternative of paying late fees or overdraft fees. To qualify for a payday loan, you will need a checking account, a job, a working phone number and a social security number and that is it. These are some of the easiest loans to qualify for, even if you have bad credit.
Need a little more money and possibly some more time to pay off your loan, consider an installment loan. These loans have similar requirements to pay day loans although you might require a little bit better credit. Most installment loans are for a dollar amounts higher than $1,000.
Frequently Asked Questions
- How high are payday loan fees?
Payday loan fees are based on the dollar amount that you borrow. People usually say that these loans have exorbitant fees because if you calculate APR, based on the short term of the loan, it is very high. These are high risk no loans though and because of the short term if lenders did not charge higher fees it would not be profitable. So, unfortunately, no high fees, no lenders. Still, you should take the fees into consideration and only used one of these loans if the fees are less than the late fees or overdraft charges that you would otherwise face.
- How long do I have to pay back the loans?
These loans are designed to get you by until your next paycheck in Wylie, so they are typically no more than two weeks long.
- What if I can’t pay back my loan on the due date?
If you cannot pay back your loan by the due date, contact your lender as soon as possible. They may be able to offer you an extension or may be able to refinance the loan. Be aware that you may face additional charges.
- How long will it take for money to be deposited into my account?
In most cases, the money will be available the next business day. If the next business day is a bank holiday, it will be the next day.