A payday loan, which is also known as cash advance, payday advance, payroll advance, or paycheck advance, is a small, short-term loan which is repaid from your next paycheck. While most of the offline lenders require physical check as security, the online lenders take an Automated Clearing House authorization and debit your bank account once the loan is due.
Applying for Wisconsin cash advance over the Internet is simple, secure and safe; it can save you a lot of time and driving around. The state has capped the maximum amount of the payday loan at $1,500 or 35% of customer's gross monthly income, $5,000 for installment loan, and $35,000 for personal loan. The minimum amount is fixed at $100, and a borrower cannot have more than one outstanding loan at any given time.
How to Apply
You can apply for a cash advance from the comfort of your own home and all you need is a computer, Internet connection, and five minutes of your time. In order to start the process, simply fill out our application form with your personal and financial details and send it.
Once we verify your information and approve your application, one of direct lenders will get in touch (typically in a matter of hours) and then you can sign up for the loan and get the money in your checking or savings account only one business day later.
Who Qualifies for a Payday Loan?
These are the simple requirements that you need to meet in order to qualify for a payday loan in Wisconsin, WI:
- You have to be a US citizen
- You have to be at least 18 years old
- You need to earn $1000 or more per month
- You need to have a savings or checking account, with direct deposit enabled
The approval rate for in the state of Wisconsin, WI, is about 95%, which makes these types of loans far more accessible compared to the traditional loans. You can qualify for a loan even if you have poor credit and other outstanding debts.
Your privacy is respected: if you are worried about sending sensitive information over the Internet, rest assured that applying online is safe and secure. For starters, we use strongly encrypted application form, which makes it impossible for hackers to get hold of the information when you are sending it to us.
We advise you to refrain from using public computers when applying for payday loan online and use your home computer instead, since this minimizes the chances of the information that you send being compromised.
What are your fees? We work with an array of reputable OLA (Online Lenders Alliance) lenders and will try our very best to secure a payday loans Wisconsin, which meets your expectations. Since lenders operate online, the fees and interest rates are often lower than the fees and interest rates of the offline providers, and we strive to offer affordable payday loans.
When signing for the loan, you will have all the details at hand, including the charges that you would have to pay along with the principal amount of the loan.
When the times are tough and there are bills to pay, you can always count on us for a quick, safe, and secure payday advance. Send your application today and you will have the cash tomorrow!