Covina Payday Loans
Payday Loan Questions And Answers. What is a payday loan cash advance? A payday loan, or payday cash advance, is an unsecured, short-term cash advance until you repay the loan on your next payday.
Cash Depot provides cash advances to many of our neighbors in Covina who need to pay their expenses now and without paying expensive bank penalties for overdrafts and non-sufficient funds.
You don’t need collateral. You don’t need to own a home, car or truck, or other assets. You just need a job or other source of a regular paycheck. That’s the only collateral you need to apply for a loan from Cash Depot
What is required to qualify for the loan?
There are just three basic requirements:
1. Be at least 18 years of old
2. Have a job (or some other regular source of paycheck)
3. Have a checking account or savings account in your name
What is the easiest, quickest way to apply for a payday loan?
If I qualify, how soon will I get the money I need?
We understand the urgency of your situation. The Cash Depot team of professionals is dedicated to getting you the cash you need as fast as possible: in most cases, by 5 PM (Pacific Standard Time) the next business day (as long as your bank or credit union is open and accepting electronic deposits).
To apply for my cash advance, do I need to fax documents to Cash Depot?
No. Our transactions take place completely online. No faxing. No mailing. No paper (except your cash from your loan).
How will I know when I am approved?
Within one hour after you submit your application during normal business hours (7 AM – 7 PM Pacific Standard Time, Monday through Friday, except holidays), we contact you by phone or e-mail. If you submit your application after normal business hours, we will call or email you promptly by the morning of the next business day.
How do I know when I need to repay the loan?
Usually, loan payments are due on your next payday. In most cases, Cash Depot offers loans for up to 30 days.
What is the cost to apply for a payday loan?
Nothing. It’s free. Cash Depot charges you zero to apply for a loan. No “processing fees.” No hidden fees. No fees whatsoever.
My credit score is low. Can I still get a payday loan?
No problem. Cash Depot does not check your credit history. We qualify you only by verifying that you have a current job or other source of income and receive regular paychecks.
I previously filed for bankruptcy. Can I still get a payday loan?
Bankruptcy won’t prevent you from getting a loan. Cash Depot does not check credit history. We only check to see that you have a job and receive a regular paycheck.
My income is from Social Security. Can I still qualify for a payday loan?
Sorry, no. Cash Depot has an ethics policy prohibiting loans against retirement incomes and pensions. We welcome all other adults who have a job or other regular source of income. Apply today and do what so many of our friends and neighbors in Covina do on those occasions when their bills come before their paycheck does: get a cash advance from Cash Depot.