Disclosure of Fees Including the APR
The Annual Percentage Rate, or APR, associated with short term loans is usually between 260% and 1825%. Though this seems high, it is actually quite competitive. These percentages depict what you would pay over the course of an entire year. Since these loans are made to be paid back quickly, they are highly competitive and less expensive than bounced checks and overdraft fees.
Because Cashloanspaid.com is not a lender, we cannot ultimately decide whether or not you are approved for a short term loans. We also cannot determine or influence the amount of cash you may receive from the lenders within our network. It is not our policy to perform credit checks on any of our customers. Our sole purpose is to match you with one or more lenders from within our network who may be able to provide you with the funds you need. Since we do not act as agents or representatives for any of our lenders, you can rest comfortably in the knowledge that you are viewing the best rates and fees available to you.
If you would like to apply for a short term loan, you should first fill out our simple, quick and free online application. Afterward, we will provide this information to multiple lenders across the country that may be able to provide you with the funds you have requested. Because each lender is different and Cashloanspaid.com has no control over the rates and fees each lender charges, we urge you to carefully review the terms associated with each offer before accepting or declining. Once you have located a lender and agreed with the terms they presented, you will be required to provide your electronic signature—which is legally binding—before your funds will be deposited into your bank account. Please remember that you are never under any obligation to accept an offer from a lender and you can cancel the entire process at any time at your discretion. Cashloanspaid.com cannot be held accountable for any charges or terms presented to you by a lender, and we are in no way responsible for any agreement between you and a lender.
While the majority of the lenders in our network will not perform a credit check before making their decisions, there are some that might do it. The three major reporting bureaus, TransUnion, Experian and Equifax, are often the first choices, but most lenders who perform credit checks will use alternate methods such as TeleTrack or DP. These two options will not impact your credit score and simply tell the lender whether or not you have outstanding or default short term loans.
Any transactions or communications that transpire between you and Cashloanspaid.com are considered to have occurred in the state of Washington and are always subject to Washington laws, regardless of where you live or where you were located at the time of the application or approval. Due to state regulations, we are unable to offer loans in New York, Georgia or West Virginia. For consumers in all other states, you are urged to visit the State Regulations section of this website to learn about the laws as they apply to short term loans where you live.