Cash Advance Loans – Advancing your Payday Today
Is your payday schedule nowhere near today? If that is the case, then let Payday Champion help you get cash advance loans today.
Cash advance loans (also known as payday loans) are short-term loans that are usually granted to borrowers (you) the same business day. Having said that, the lender will establish a line of credit to the borrower before granting the loan.
What Does Line of Credit Mean?
A line of credit (LOC) refers to the arrangement made between the third-party lender and the borrower. A LOC involves agreeing to a certain amount of credit and the max loan limit that the client can borrow.
How Payday Loans can Help You?
Having said that, payday loans are short-term financial services that provide a long-term financial solution to the majority of the American population.
Given that intention, payday cash advances are exclusively used for financial needs only. The following below are the most common scenarios:
- Income shortage
How to Get your Payday Cash Advances Online?
Here on Payday Champion, we only have basic requirements that borrowers must submit to get guaranteed approval from our network of payday lenders. With that being said, to get your payday cash advance, you must accomplish the following:
- Complete your Payday Champion profile – Simply input all the details on the online application form above. Take note to input the correct application information so we can process your loan request immediately! Failure to do so will DELAY THE APPROVAL PROCESS.
- Age – Must be 18 years old and above (legal age in the U.S.A. to qualify). Take note that we do not accept minors. Having said that, anyone that is 17 years old and below is strictly prohibited to apply here on Payday Champion!
- Citizenship and/or Nationality – Must be a U.S. Citizen. In line with this, we accept American Citizenship by birth, grant, decent, naturalization, etc.
- Identification (valid IDs) – Must submit a scanned copy of 1-2 government-issued and/or valid company IDs (photo-bearing ID or not; preferably with a signature). Take note that loan applicants are required to submit IDs before you can request for cash advance loans.
- Proof of Residence Documents – Must submit a clear scanned copy of the proof of billing statement/s (electric bill, water bill, cabled TV bill, internet bill) showing the permanent and/or present residential address in the U.S.A.
For instance, you still live with your parents and cannot provide proof of residence documents named after you, that is not a problem here on Payday Champion.
As long as you can prove that the person’s name stated on the document/s is related to you (let’s say, your mother or father), the direct lenders we work with will approve your loan request.
For instance, you live with your guardian (let’s say, your foster parents; stepdad or stepmom), you must have proof that you live with them. With that being said, you must submit an authorization letter and a valid ID from the person named on the proof of residence documents.
- Active accounts – You must have an active bank account. This is where you will receive your cash advance, so its a must.
Features of Legit Cash Advance Companies in America
Payday Champion is a legit financial referring service. To know if you are transacting loans legally here are the following features to look for legit cash advance companies in America:
- Must have a DBO License – A DBO (Department of Business Oversight) license is required for any financial company, direct lenders, and third-party lenders who are involved in the business of providing consumer and commercial loans online or on-site. This broker license provides an exemption of the usury law provision that is business oversight pursuant to the California Constitution (see Division 9, Section 22000 of the California Financial Code et seq.).
Having said that, usury laws are regulations that govern the amount of interest charged to any type of loan; this law is responsible for setting the capacity of the maximum amount/limit of interest added to loans (in short, the usury law protects borrowers from abusive party lenders). Here on Payday Champion, the lenders we work with have a DBO license.
- Fast approval process – Legit companies offering payday cash advances online won’t let you wait for long. Legit cash-advance companies have a fast approval process. Just like us here on Payday Champion, we approve loans the same business day!
- 24/7 customer service – Loans are exclusively used for financial needs only. Given that intention, loans are needed urgently. Legit companies offering cash advance loans have 24/7 customer service who can assist your queries anytime, anywhere.
Top 5 Financial Institutions that Offer Online Loans in America
Now that you know the features of a legitimate financial institution. Here are some companies to serve as your basis of a legitimate cash-advance company in America:
Ally Bank is a digital and internet-only bank (purely online bank; which means it has no physical office, headquarters, and of course branches) in America.
Meaning to say, clients of Ally Bank don’t need to head on to its branch near them just to open a bank account. Same goes when applying for cash loans, everything is processed online. Plus, you can get your cash-advance on the same business day! Thanks to the bank’s excellent customer service.
Axos Bank, formerly Bank of Internet USA, is the oldest digital and internet-only bank in America. This American federal bank offers a wide range of online loans (such as short-term loans and advance loans).
NBKC Bank is an FDIC-insured bank that offers a comprehensive range of online loans. Such loans include short term loans, personal loans, home loans, business loans, personal accounts, among others.
TIAA Bank, formerly EverBank, is an FDIC-insured diversified financial services company in America. TIAA provides banking, investment, and mortgage services via direct banking and standard banking services.
CashNetUSA is a state-licensed lender online. CashNetUSA offers a wide selection of loan options such as online payday loans, installment loans, and bad credit loans. Not only that, but CashNetUSA also offers absolutely free online financial education courses and other product and service.
Why Choose Payday Champion to Get your Cash-Advance Today!
Payday Champion’s job is to connect you to trusted payday loan lenders online. Without further ado, here are a few reasons why you must choose us to help you get your online loans today.
- Quick and easy application process – Payday Champion makes it convenient for borrowers like you to apply for loans as easy as it can get.
- A business pursuant to the Californian Constitution – Payday Champion is a legal financial referring service in America. The direct lenders we work with hold DBO licenses.
- Guaranteed long term financial solution – Here on Payday Champion, we guarantee you to get the long term financial solution you’ve been wishing for. We offer different types of loans including bad credit loans, debt consolidation programs, and free credit counseling!
Advance your payday with us. Get your cash advance loans in Payday Champion today!
My Name is Jay has and I have a passion for financial writing. I am the chief writer on this blog. I do my best to verify all the information but if there is anything amiss please let me know and I will do my best to correct it.