Answers to Your Questions
About Installment Loans

The application process for an Installment Loan differs from lender to lender. Applying for an installment loan from CASH 1 is simple and involves only a few steps. You can begin by applying online, over the phone, or in person at any of our store locations. You submit your basic information and mention how much money you need. Once you get approved for an installment loan, you can get your cash deposited into your bank account or pick it up at a store near you. Typically, this entire process can take as little as 15 minutes!

Our requirements to get an installment loan are simple and easy to meet. However, these requirements vary based on your loan type and state of residence. In general, our installment loan requirements include you being at least 18 years old, having an open checking account, holding some form of proof of income, and a government-issued ID for new customers. Please note that you cannot be on active duty in the military to qualify for a loan from CASH 1.

CASH 1 has physical locations in Arizona and Nevada and a website where you can apply online. We've designed both our online and offline application process to be highly user-friendly. Based on your convenience and urgency, you can either choose to apply for an installment loan online from the comfort of your home or visit our nearest store location. In both cases, you can decide to get your funds directly deposited in your account or pick it up from the store if you're approved.

The amount you can borrow depends on various factors like your ability to repay, income, use of collateral, state of residence, and so on. Considering these factors, you can get a Personal Installment Loan from $100-$5,000 to cover your short-term financial needs and a Title Installment Loan using your vehicle's title as collateral to borrow up to $50,000 for any large purchases or pay off a significant unexpected expense.

CASH 1 will disclose all the fees to you for approval before your loan is processed. Click here to know the fees, rates, terms, and availability of Installment Loans in different states from CASH 1.

The total annual percentage rate of your Installment Loan gives you the actual cost of your loan. Some lenders also charge loan origination fees, prepayment penalties, and other charges, which also add to the cost of your loan. If you want to know more about the rates and fees of CASH 1 Installment Loans, click here.

Not at all! Our installment loans are designed to help you reach your financial goals without hurting your credit. Moreover, we don't run a hard credit inquiry when you apply for an Installment Loan, instead, we use alternative methods to check your creditworthiness that won't affect your credit score.

As soon as you complete your application, you will get an estimated loan approval amount. Once you're approved and decide how much you want to borrow, you can receive your funds the same business day if your application is approved before 10:00 AM PST. For applications approved after 10:00 AM PST, funds will be deposited in your bank account the next business day.

Absolutely! We take utmost care to ensure every information you share with us remains strictly confidential and is never disclosed without your voluntary and written consent. Only CASH 1 loan officers will be able to view your information where it is necessary to provide our services to you. In addition, we abide by the values promoted by the INFiN, a Financial Services Alliance and the guidelines set forth by the Consumer Financial Protection Bureau (CFPB). We are using a 128-bit Secure Socket Layer (SSL) for data transmission on our encrypted server to safeguard your personal information at all times when you apply online.

CASH 1 does not define you based on your credit score. You can get an Installment Loan with flexible terms, even if your credit is not great.

Installment Loans allow you to borrow a large amount of money and repay in equal monthly installments due on your pay dates. We offer both secured and unsecured installment loans. You can have a repayment term of up to 18 months for our secured installment loans and up to 90 days for the unsecured ones. You can either choose to repay your loan with low, fixed-rate monthly payments throughout the loan term or prepay to save money on interest charged without penalty.

This is not true at all! Since payment history accounts for nearly 35% of your credit score, paying off an installment loan or any type of loan for that matter on time will only have a positive impact on your credit.

Yes, CASH 1 doesn't charge any prepayment penalties if you pay off your loan early. If you receive an unexpected financial windfall, You can make extra payments or pay off your loan early and save money on future interest payments.

We understand that sometimes you may need some extra time to come up with all the funds you need for a payment. We will do our best to work with you with the understanding a loan is a financial obligation tied to an agreement. In the event of unforeseen circumstances that would prevent you from making your loan payment when scheduled, immediately contact the store to discuss alternative payment arrangements and a commitment date for making your scheduled payment. Always review your contract and the "Know Before You Owe" document provided during lending to understand the full scope of possible outcomes, what you should expect of CASH 1 as well as what CASH 1 expects from you when it comes to payment fulfillment.