In-Store Cash Advances
A cash advance is a short-term advance that covers unexpected expenses until your next payday. You simply write a check for the amount of cash you want plus the fee. We hold your check until your next payday, at which time you can come in and pay back the advance.
State law generally regulates the maximum advance amount available – the range is generally between $100 and $1,000. Within the allowed range, you will qualify for a particular advance amount based on your current income or additional state requirements. Unfortunately, you may not be able to get as much as you’d like; however, a cash advance from Check Into Cash may be part of your financial solution. We want to help you use your cash advance responsibly, and make sure that you have the ability to repay.
An increasing number of payday consumers choose to get a cash advance to cover unexpected expenses in between paydays without incurring revolving debt. Check Into Cash is offering you a short-term credit option that may provide a sensible alternative to costly bounced checks from other merchants, late payment charges from other creditors, and tarnished credit ratings.
Make sure to evaluate the costs and benefits of alternatives before borrowing money from Check Into Cash. Some other forms of short-term credit may be less expensive – such as a loan from another institution, asking for help from family or friends, a credit card cash advance, account overdraft protection with your bank, or a salary advance from your employer.
As a founding member of CFSA, Check Into Cash follows a set of Industry Best Practices – and in some cases, state law – that enables you to rescind the transaction at no cost before the end of the next business day by returning the full amount of the advance.
According to CFSA, researchers and state regulators consistently report that 70-80% of customers use cash advances between once a year and about once a month. However, a cash advance, like other forms of credit, is a financial option that should be used responsibly, and only when needed for unexpected expenses. It is not intended to be used as a long-term budget solution. Should you need help with budgeting or debt management, call the National Foundation for Credit Counseling at 1-800-388-2227. NFCC is a national network of nonprofit Financial Care Centers TM, dedicated to helping people learn how to budget and use credit wisely. With one toll-free call you will be connected to the center nearest you.
The fee from Check Into Cash is competitive and in compliance with applicable state or federal law. It is our goal to offer you the best service at the best price possible!
A typical payday loan can be less expensive than many other alternatives.*
• $100 cash advance with a $15 fee = 391% APR**
• $100 credit card balance with a $37 late fee = 965% APR**
• $100 utility bill with $46 late/reconnect fees = 1,203% APR**
• $100 bounced check with $54 NSF/merchant fees = 1,409% APR**
*Other costlier alternatives to a two week cash advance were obtained from bankrate.com. Based on a fourteen (14) day advance with one (1) payment.
Typically, all you need to bring into one of our cash advance stores is:
• A current pay stub
• A state or federally-issued photo ID
• Your most recent active bank checking statement
*Oklahoma and Indiana residents must provide proof of a social security number
No. Check Into Cash does not use traditional reporting agencies when reviewing applications. In some of our stores we use TeleTrack and/or Veritec (state database) during the underwriting process. So even if you have bad credit, we still may be able to help you.
Yes! We are now offering online in-store applications that you can print, fill out at home, and bring to our store for ever faster service from Check Into Cash. Bring in the applications, required paperwork, and your photo ID and you’ll be on your way to getting fast cash now.