Frequently Asked Questions
How hard is it to get a loan?
When does my loan come due?
What is the maximum number of days I can have a loan?
How long does it take to be approved? How fast can I get my money? How much can I borrow? What are your fees? How do I repay my loan?
Can I do a loan extension?
Do you run credit checks?
I have a question not listed here
How long can I extend my existing loan?
How soon can I apply for a new loan?
Q. How hard is it to get a loan? A. It's easy and you only have to do it once! All you need to do is:
- Fill out an application
- Have a checking account that has been opened for at least 3 months
- Been employed at your current job for at least 6 months
- Make more than $1,000 per month Top
Q. When does my loan come due?
A.
Your loan will be due on your next payday. If you need your loan longer just do an extension until your following payday.
On the due date, if an extension is not done, then the payment will be withdrawn from your checking account as per our agreement. Top
Q.
What is the maximum number of days I can have my loan for?
A.
Your loan will be due on your next payday. If you need additional time you can extend your loan until your following payday. Top
Q. How long does it take to be approved?
A. FAST! You can be approved within 2 hours. Top
Q. How fast can I get my cash?
A. Once we have your loan request, funds will be deposited into your checking account within 24 to 48 hours, depending on the day of the week and the time you make your request. We must receive your request Monday-Friday by 3:00pm PST. Bank Holidays excluded. Top
Q. How much can I borrow?
A. Upto 1/3 of your monthly take home pay to a maximum of $1,000.00 Top
Q. What are your fees?
A.
Our fees our calculated on a daily schedule. See fee schedule. Top
Q. How do I repay my loan? A. On the day your loan comes due we withdraw the money from your checking account. This is done using the same system we used to deposit the money into your account.
Top
Q. Can I do an Extension?
A. Yes! If it is not convenient to have us withdraw the loan on the due date- just log in using your Username – go to the extension request form and fill it out. It will be forwarded to us and the extension fee will automatically be withdrawn from your checking account that day. Top
Q. Do you run credit checks?
A. No. We do not use the normal credit reporting agencies. However we do use verification services. Top
Q. I have a question not listed here.
A. Email your question to: info@itspayday.biz Top
Q. How long can I extend my existing loan?
A. You may extend your loan for a maximum
of 70 days then by state law
the loan must be repaid. Top Q. How soon can I apply for a new loan?
A. After we have verified your previous loan was completely paid
you are eligible for a new loan. Top
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