Murfreesboro Cash Advance (Payday Advance)
Need Cash Fast?
Why wait till Friday, when you can make any day your payday! If you encounter a financial hardship that can’t wait until payday, come see us at A-1 Cash for a quick approval for a payday advancement. A payday advance is an easy and secure process and can be a short-term solution for unexpected expenses. How much can you get for a payday advance? Tennessee state law regulates cash advance laws and A-1 Cash happily abides by these laws to ensure our customers borrow responsibly and that borrows be at least 18 years of age. Tennessee law allows a maximum of $425 to be borrowed by any one customer and that the maximum fee allowable is no more than 15% of the face value of the original loan. Keep in mind, not every customer will be able to receive a payday advance up to the maximum amount allowed. The amount allowed for each customer is determined by your current income and ability to repay what you plan to borrow.
It starts with you visiting our center and meeting with a qualified professional to complete some simple paperwork so that we may collect some necessary personal information from you, but don’t worry, we won’t be checking your credit. Our entire application process takes only minutes to complete and you can walk out, on the spot, with cash in hand. Take note of some important items you should bring with you to apply for your payday advance. Be sure to bring your drivers license, proof of income or a bank statement, your social security number, and a personal check. If you do not have a check that is not a problem, we can print one for you. You may wonder why these items are necessary. We need to verify your identity and providing us proof of income or a bank statement serves as back up that you have money to repay your loan.
We will draft a contract with you and specify an agreed upon date in which your loan will be due to repay your payday advance. The contract also specifies the percentage or fee charged for your payday advance. A personal check is given to us written for the amount you would like to borrow, including the small fee we will charge. Then, you will receive cash on the spot. The process may seem length, but it truly takes only minutes! How long should your payday advance last? The loan last 31 days and at the end of that period you will have three options:
1.) renew the loan,
2.) decrease the amount of the loan or
3.) pay the loan off.