CashCentral Review? Loan Requirements Explained.
CashCentral is a long-standing payday loan provider and is a popular option for quick and easy loans, albeit at lower amounts. You can get a quick $500 loan much easier than with competing loan sites.
How hard is it to get approved?
It's also easier to get approved on CashCentral than on other sites, we were able to get a $200 loan with a FICO score of 515. You'll need to be employed with a current income of at least $1,000 per month, and have been employed for at least 3 months. Also, you'll need a valid checking account into which funds can be deposited.
How hard is it to get subsequent loans?
Once you get approved for your first loan it is extremely easy to borrow small amounts regularly. CashCentral also has a Premier Membership which allows you to borrow cash instantly at lower rates.
How quickly will funds be available for withdrawal?
Funds are deposited to your account the next business day, provided you get your approval before 6pm Central time. The application process is quick and it took us a total of 30 minutes to do the applications and get approved. You can borrow from $100 to $500 with CashCentral.
When do I have to pay the loan back?
With CashCentral, you repay the loan amount at your next paycheck date, or within 18 days. You can have funds deducted electronically or send in payment.
CashCentral application link
How much do they charge?
CashCentral provides APRs which are lower than most payday loan sites, due to the smaller loan amounts and lower risk they take on.
Source: http://www.cashcentral.com.
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