Frequently Asked Questions About Online Loans

Are you looking for answers about Online Loans? We've compiled a list of commonly asked questions about CASH 1 Online Loans.

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CASH 1 offers online loan services within select states. Our online loan offerings include loans commonly referred to as installment loans, cash advances and line of credit.

Online Installment loans are short-term personal loans that are paid back in installments over time. Once you’re approved for an online loan with installment payments, you’ll typically get the loan amount deposited in your bank account the next business day. The loan terms vary by state and typically range between 3 and 18 months.

A line of credit is an open-ended borrowing option. Unlike a traditional payday or installment loan, a line of credit remains active even after you have paid it down to a zero balance. You can draw the entire amount or smaller amounts over time, as long as you have available credit and your account is in good standing. Interest and/or fees are only charged on the amount of money you use, not your entire credit limit.

Cash advances are small-dollar personal loans that come in a variety terms. Payments will include the principal loan amount and a finance charge. These online loans are commonly used for unexpected expenses like emergency car repairs or other non-recurring bills.

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