Customers may call in or complete the online Loan Application. If you meet the pre-qualification requirements you can visit our store to complete the required documents, set up your account and obtain your money. This process is fast and easy and usually takes less than 10 minutes once approved.
Your loan is generally scheduled to be due on your next payday or on the day of deposit of your retirement or social security benefit payment. Our payday loans are for a minimum term of one week. All other loans from 8 days to 35 days will be pro-rated for early payment. That means with Cash Express you can pay off your loan for less.
When your loan is due you have several options for repayment. We can deposit your check. No checks? Don't worry, we can debit your checking or savings account or you can pay the interest due and renew your loan (up to the pay in full date). We offer a special interest discount for all new customers.
All Cash Express loans are written to conform to the Regulations enacted for our industry by the State of Nevada. Under Nevada Law we are allowed to advance up to 25% of your gross monthly income. If you wish not to pay your loan in full on the due date you may renew your loan by paying the interest. Payday loans are most beneficial when used for a short term. They are not designed to be held for long term financing. Of course, you have the option of paying down your principal balance at any time which will reduce the interest on your loan. The term of you loan is limited to comply with Nevada State Law.
Under Nevada Law you have the right to rescind a payday loan agreement without any interest cost by paying back the principal received. You will not be charged any service fee or interest. This must be done at the location where your transaction occurred and not later than the close of the business day following the disbursement date of your loan.
Applicants Need to Meet the Following Minimum Requirements for Pre- Approval:
- Currently have a job with direct deposit to your bank account.
- Must have a steady income (6 months with present employer)
- Must be 18 years of age or older and a U.S. citizen
- Must have a local and active checking or savings account
- Have a valid NV Picture ID and proof of residence
Applicants Must Provide:
- Original Complete Bank Statement (most recent 60 days)
- Valid proof of income such as: W2 or tax returns
- Valid Nevada ID
- Utility Bill
- Paper Check or signed authorization to debit your account
- Signature on an Affidavit of Ability to Repay Loan
Your information will be verified through our consumer information source. We do not run a credit check through the major credit bureaus.
Once approved, you will receive your cash and you will make a check payable to Cash Express or sign documents necessary to have your account debited (ACH by electronic process) on your due date. On that date you may either come to our store and pay the interest fee and extend the contract until the next payday (not beyond the pay in full date) or we will deposit your check or ACH your account as agreed. (Our Loans are Available to Nevada Residents Only)