If you are in need of some quick cash, Speedy Cash may be the perfect solution for you. They offer payday loans and other financial services to help people get through a tough spot.
But is Speedy Cash the right choice for you? In this comprehensive review, we will take a look at all of the pros and cons of using their services so that you can make an informed decision.
APR can range depending on the sum,
your credit score and lender
| Loan Amount | $1,000 | $2,000 | $5,000 |
| Interest Rate | 24% | 19% | 13% |
| Loan Term | 12 Months | 24 Months | 48 Months |
| Fee | 3% | 5% | 8% |
Speedy Cash is a company that provides loans and other financial services to consumers in the United States. Speedy Cash is a subsidiary of the Cash America International, Inc. (NYSE: CSZ) family of companies. Speedy Cash is headquartered in Fort Worth, Texas, and operates over 1,000 locations in 22 states. In this Speedy Cash Company Review, we will take a look at what Speedy Cash offers, their loan products, interest rates, fees, and more!
Speedy cash loans are a great way to get the cash you need in a hurry. There are many speedy cash locations across the country, and they offer a variety of loan options to suit your needs. However, before you apply for a speedy cash loan, it’s important to understand how they work.
Speedy cash loans are typically short-term loans that must be repaid within a few weeks. They are often used to cover unexpected expenses or to tide you over until your next payday.
Speedy cash loans usually have high-interest rates, so it’s important to only borrow what you can afford to repay. If you’re considering applying for a speedy cash loan, make sure you understand the terms and conditions before you sign any paperwork.
How to Obtain a Speedy Cash Loan?
If you’re in need of cash fast, a speedy payday loan from Speedy Cash could be the perfect solution. Here’s everything you need to know about how to get one.
- First, you’ll need to determine if you qualify for a speedy payday loan. To do this, you’ll need to have a regular source of income and a checking account. You’ll also need to be at least 18 years old and a citizen or legal resident of the United States.
- Once you’ve determined that you do qualify, the next step is to begin the application process. This can be done online or in-person at a Speedy Cash location near you. When applying, you’ll need to provide some basic information such as your name, address, and Social Security number. You’ll also need to have your most recent pay stub on hand.
- Once your application has been approved, you’ll receive your loan funds within 24 hours.
And that’s it! Getting a speedy payday loan from Speedy Cash is easy and convenient – perfect for when you need cash fast.
What Are the Interest Rates and Fees for Speedy Cash?
The interest rates and fees associated with Speedy Cash loans are relatively high when compared to other lenders. The APR for a typical two-week payday loan is about 400%. This means that if you borrow $500, you will need to pay back $625 plus any additional fees. However, the total cost of the loan will be lower if you are able to repay it early.
Speedy Cash also offers installment loans, which are paid back in multiple payments over a longer period of time. The APR for an installment loan is much lower than the APR for a payday loan, but it is still relatively high when compared to other lenders.
The fees associated with Speedy Cash loans are also high when compared to other lenders. For example, if you take out a $500 loan with a two-week term, you will need to pay a $75 fee. This means that the total cost of the loan will be $575.
Overall, the interest rates and fees associated with Speedy Cash loans are relatively high when compared to other lenders. However, they are still one of the most popular lenders due to their simple and easy loan process.
What Is the Loan Repayment Process?
The loan repayment process for Speedy Cash loans is simple and straightforward. You will need to repay the full amount of the loan plus any interest and fees within the specified time period.
If you are unable to repay the loan in full, you can choose to extend the loan for another two weeks. However, you will need to pay an additional fee for this service.
If you still cannot repay the loan after extending it, you can choose to rollover the loan into a new loan. This will extend the repayment period and increase the amount of interest and fees you will need to pay.
Overall, the loan repayment process for Speedy Cash loans is simple and straightforward. However, it is important to note that the interest rates and fees associated with these loans are relatively high when compared to other lenders.
Comparison of Speedy Cash Lending Products
Speedy cash loans offers a variety of different lending products to suit the needs of its customers.
- Installment Loans. For those who need access to quick cash, speedy cash offers payday loans and installment loans.
- Line of Credit. For those who need a little extra time to repay their loan, speedy cash offers a line of credit.
- Credit Card. And for those who are looking for a more flexible repayment option, speedy cash offers a credit card.
Each of these products has its own set of benefits and drawbacks, so it’s important to compare them before choosing the one that’s right for you. When it comes to speedy cash loans, there’s no one-size-fits-all solution – but with a little research, you can find the perfect fit for your needs.
What Is the Loan Renewal Process?
The loan renewal process for Speedy Cash loans is simple. If you need to renew your loan, you will simply need to repay the full amount of the loan plus any interest and fees that are due.
You will then be able to take out a new loan for the same amount. However, it is important to note that the interest rates and fees associated with Speedy Cash loans are relatively high when compared to other lenders.
What Are the Eligibility Requirements?
The eligibility requirements for Speedy Cash loans are relatively simple. You will need to be at least 18 years of age and have a steady source of income.
You will also need to have a valid Social Security number and an active checking account.
To apply for a 24/7 loan, you will simply need to fill out their online application. You will need to provide some personal information, such as your name, address, and Social Security number.
You will also need to provide some financial information, such as your income and employment history. Once you have submitted the online application, you will usually receive a decision within minutes.
What Are the Loan Terms and Conditions?
The loan terms and conditions for Speedy Cash loans are simple. You will need to repay the full amount of the loan plus any interest and fees within the specified time period.
If you are unable to repay the loan in full, you can choose to extend the loan for another two weeks. However, you will need to pay an additional fee for this service.
If you still cannot repay the loan after extending it, you can choose to rollover the loan into a new loan. This will extend the repayment period and increase the amount of interest and fees you will need to pay.
What Is the Customer Service like?
The customer service for Speedy Cash is excellent. They are available 24 hours a day, seven days a week to help you with any questions or concerns you may have.
You can contact them by phone, email, or live chat. They are also available on social media if you prefer to contact them that way.
Why You Should Opt for Speedy Cash Loans
Even though the interest rates and fees associated with Speedy Cash loans are relatively high when compared to other lenders, there are still several reasons why you may want to consider taking out a loan with them.
- Simple and Easy Loan Process. You can apply for a loan online or in-person and you will receive your money quickly.
- Variety of Loan Products, including payday loans, installment loans, and title loans. This means that you can find a loan that fits your specific needs.
- One of the Most Popular Lenders. Due to its simple and easy loan process. If you need cash quickly, Speedy Cash is one of the best lenders to consider.
- Offers Loans to People with Bad Credit. If you have bad credit, you may still be able to qualify for a loan with Speedy Cash.
Overall, there are several reasons why you may want to consider taking out a loan with Speedy Cash. Even though the interest rates and fees associated with these loans are relatively high when compared to other lenders, the simple and easy loan process makes them one of the best options for people who need cash quickly.