Once you have accepted a loan from Approved Payday Cash, you generally have until 5:00 p.m. (Central Time) the following day to cancel the loan. If you wish to cancel your loan, please contact us immediately for details on options.
Your loan will be paid back by electronic debit from the same bank account it was deposited into. If you can’t pay your loan back on the scheduled due date, be sure to contact us! We may be able to set up alternate payment arrangements. If you don’t pay back your loan according to your loan agreement, you may incur late charges.
Once you submit your application online, in most cases it only takes a few minutes to process and give an approval. You will be notified by e-mail as to your approval status and how much you can borrow.
In some cases, we may need to gather some additional information. In this instance, you may receive a call from an Approved Payday Cash loan representative. You will receive your loan application status via e-mail as soon as possible.
Depending on the state you live in and your qualifications, you may borrow from $100 to $1000 from Approved Payday Cash. If you have an excellent payback history, you may qualify for more! Details on available loan amounts, rates and fees in your state.
If your loan application is approved by 7:00 p.m. Eastern Time, the funds will be electronically transmitted to your bank account the next day (excepting Saturdays, Sundays and bank holidays)! You will need to check with your bank to see exactly when your money will be available.
Loans approved after 7:00 p.m. Eastern Time will be funded the next business day.
The integrity of our website and of your personal information is our number-one concern. Visit our security section to see all the ways we keep your personal information private and secure.
To qualify for a loan with Approved Payday Cash, you must:
- Be 18 years of age or older
- Be a citizen of the United States of America.
- Have a verifiable e-mail address and telephone number
- Have a proven source of income
- Have a personal checking account in good standing (no bounced checks, overdraft charges or negative account balances in the last 30 days).
We do not run a credit check, but we do verify prior loan history and application data.
In most states, your loan is due to be paid in full on your next payday. However, in some areas you may have additional payback options. See payment details for your state.