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| 1.
What is a deferred deposit loan, or post dated check advance? |
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A short-term money advance
provided until your next CASH ONCALL or benefit payment. |
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| 2.
How does it work? |
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Once approved, we will
fax you a disclosure and authorization form that will
allow us to disburse the money to you and electronically
debit your bank account for the amount financed as well
as the finance charge. |
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| 3.
What do I need? |
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If you are employed or
have some form of guaranteed income, SSI, SSDI, etc.,
you can apply. We will confirm the information you give
us as well as perform credit verification. When you meet
at least the minimum criteria, you are approved! |
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| 4.
Does a poor credit history disqualify me? |
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Not necessarily. We are
here to assist customers when the need arises. Many of
our current customers have credit difficulties from time
to time. |
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| 5.
What if I filed bankruptcy? |
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You may still qualify,
if the bankruptcy is discharged, subject to our normal
employment and residency requirements. |
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| 6.
Is collateral required? |
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No. You simply authorize
a Demand Draft and/or ACH from your checking account. |
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| 7.
How long does it take to get the CASH ONCALL LOAN? |
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The approval process usually
takes 20-90 minutes. Delivery of funds into your checking
account or to your home can usually be arranged either
on the same day or the next banking day. |
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| 8.
What should you do if you believe your check might not clear
the bank? |
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Call us immediately. A
"bounced check" could cost you substantial "NSF"
fees by your bank and can also damage your credit rating.
While your obligation to repay is not waived, we will
attempt to assist you. |
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| 9.
Is this transaction confidential? |
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Yes. This internet application
is secured by "SSL" encrypted technology. In
addition, all of your records are held in confidence at
our electronic commerce center. |
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| 10.
Can I request multiple CASH ONCALL LOANs? |
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No. Only one (1) CASH ONCALL
LOAN can be outstanding at any given time. However, by
calling toll free 1-800-729-3295
(1-800-PAYDAY LOAN), a customer
service representative may be able to assist you with
a larger loan. |
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| 11.
What are the benefits if I repay the CASH ONCALL LOAN on time? |
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Customers with a good repayment
record receive our VIP services which include expedited
servicing and discounted rates. |
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| 12.
What happens if I don't follow through and repay my CASH ONCALL
LOAN? |
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We would not stay in business
if our customers did not honor their agreements. We do
reserve the right to collect delinquent loans using
all legal remedies available including legal debt collection
and civil court action, and or negative consumer credit
reporting. |
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| 14.
What is a Demand Draft? |
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A Demand Draft is a check
created in lieu of your personal check per your authorization. |
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| 15.
What is an ACH? |
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An ACH (Automatic Clearing
House), is the electronic system setup by banks to transfer
funds between themselves. |
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