What is a payday loan or cash advance?
A payday loan or cash advance is an unsecured, short-term cash loan to help you until your next payday. Customers choose payday advances to cover small, unexpected expenses while avoiding costly bounced-check fees and late payment penalties. At geniepaydayloans.com, apply online for a payday loan and your advance will be electronically deposited to your checking or savings account.
What can a payday loan be used for?
Whether you are paying off bills, celebrating a special occasion, or covering an unexpected cost, your payday loan is there to be used at your discretion.
How much can I receive?
Your first payday loan is based upon the information you provide in your application. You may request up to $1000. Ultimately the lender will decide your loan amount.
How do I qualify for a payday loan?
You should meet all of the following requirements:
• Currently employed (or receive regular income)
• Earn at least $1000/month
• Be 18 years of age or older and a U.S. citizen
• Have a checking or savings account with direct deposit.
What is the procedure to apply for a payday loan online?
Complete and submit the application found on our website. At that point, the approval process will immediately get under way and you will be notified of your of your status.
What information do I need to complete the application?
We need your name, address, employment information and banking details in order to complete your payday loan request.
Is my personal and financial information secure?
We respect our customer's right to privacy in managing their personal finances. Our site uses a variety of security measures to maintain the safety of your personal information. All sensitive data transmitted between your browser and our website uses 128 bit Secure Socket Layer (SSL) encryption technology.
Is there an application fee?
geniepaydayloans.com never charges applicants a fee to qualify for a payday loan.
Does submitting an application obligate me to take out a loan?
No; submitting an application simply states that you wish for one of our agents to approve and contact you to discuss your payday loan options. You may ask us any questions, and withdraw your request if you so choose. If you are ready to proceed, you may confirm your information and officially agree to terms with one of our representatives.
What if I have bad credit?
Most of our lenders do not perform credit checks. As a result many people with less than perfect credit take advantage of payday loans and cash advances.
Does being a tenant influence my eligibility?
Whether you rent or own your home, it does not affect your eligibility for a payday loan.
Do I need to fax my information?
Only in rare cases will you need to fax any documents.
Can I have more than one payday loan at a time?
No, all other payday loans must be repaid before another may be granted.
Do I need direct deposit?
Your bank account must be set up with direct deposit to qualify for a cash advance. It is the most secure way to offer loans as quickly as we do.
When will I receive my payday loan?
In many cases you will have it the same day, but it will take no longer than the next business day.
When will my loan be due?
Repayment is scheduled for your next payday.
What if I want to pay back my loan early?
Contact us if you wish to pay off your loan before the scheduled due date. In doing so, you may be entitled to a partial refund of your loan fee.
What if I am unable to repay my loan by the due date?
Contact your lender if you feel you will not have the money for repayment. You should make every effort to repay though.
How often can I get a payday loan?
We are available any time you need financial assistance between pay periods. We encourage all of our clients to use these loans responsibly and keep in mind that a payday loan is a short-term solution to an urgent cash need. They should not be used repeatedly to deal with continuous budgeting issues.