Frequently Asked Questions
Is this a payday loan?
No, we are not a payday loan company. We offer a revolving line of credit and simply set your due date to coincide with your payday for convenience.
What is a revolving line of credit loan?
A borrower may use or withdraw funds up to an approved credit limit. The amount of credit available decreases and increases as the funds are borrowed and repaid and the credit may be used repeatedly. Payments are based on the amount of funds borrowed along with associated transaction fee and/or interest. A borrower may pay over time or pay in full at any time.
Are you a direct lender?
Yes, Cashland is a direct lender so we will not outsource your loan to another company.
How can I use my loan?
You can use your loan however you see fit. Many borrowers use their loans to pay off unexpected medical bills, utility bills, car expenses, home repairs and many other financial obligations.
What are your loan requirements?
- Completed Loan Application
- Current Bank Statement
- Most Recent Pay Stub
- Driver's License or Government Issued Photo ID
- Personal Check and/or Debit Card
- Current Utility Bill
How much can I borrow?
Our loans range from $50 to $1,500, with an average loan amount of $300.
Is there an application fee?
Can I extend my loan?
Yes, you can extend your credit line by paying the transaction fee and the APR. If you do choose to extend your loan, we encourage you to pay an additional amount to bring down the loan balance.
When is my loan due?
Your payments will be due on your payday for your convenience.
Can I pay off early?
Yes, you may pay off early.
Is there a penalty to pay off early?
No there is no penalty to pay off early.
Is my information kept confidential?
Yes, keeping your information private is very important to us. Visit our Privacy page for more details on how we maintain your privacy.
Do you loan to military?
Yes, we can loan to the military.
When will I receive the cash advance?
You leave the store with cash in hand! The typical waiting time is within 20 minutes.
What does it cost to borrow?
There is a 20% transaction fee and 9% APR* (Annual Percentage Rate)
*Additional fees may be included if account becomes delinquent.
Keeping your personal information secure and private is our highest priority. Cashland is committed to protecting your privacy. Please download and read the following policy to understand how we collect, use and protect your personal information in detail.
Click here to download our full privacy disclosure.