More about the companyCash Store provides its services to people who reside in New Mexico, Utah, Idaho, Michigan, Wisconsin, Illinois, and Texas only.
- Minimum amount that can be borrowed is one hundred dollars.
- Maximum amount that can be borrowed is five thousand dollars.
- The loan term varies per state and amount of the loan.
- The loan is unsecured.
- The turnaround time is one day.
The kinds of available loans at Cash Store Company
- Installment This loan is for people who want to repay over time and take up big amounts of money. In most regions, borrowers can borrow a maximum of three thousand dollars but at New Mexico, the residents can get up to five thousand dollars.
- Cash advance This kind of loan has a short term. The loan is offered to people who reside in Illinois with a cap of 865 dollars. It is also offered to people in Michigan with a cap of 600 dollars.
- Title Borrowers who have an alien-free title on their vehicle may request for loans using their title as collateral. In many of the regions, people can get in maximum twenty thousand dollars depending on the worth of their car. But residents of Wisconsin can get up to twenty five thousand dollars.
How the above offer functionsWhen a customer has a truck or a car with the alien-free title, he or she may borrow a sum of up to twenty five thousand dollars with that vehicle as collateral. The car is evaluated with a title loan and the charges are less compared to a payday loan. A borrower can repay the loan over some time. Also, the sum of money which a customer gets depends on the model of the car and the borrower’s ability to repay as required. The car will get evaluated for title loans and vehicle equity loans. To request for a title loan, a borrower is supposed to present his or her car, the driving license and the alien-free title. The people who reside in Illinois are additionally supposed to show a proof of their earnings.
Application processFill in an application form online at the company website:
- Provide some details about yourself.
- Review all the specified requirements carefully.
- Send your request and indicate a ZIP code in order to know which store is closer to your region.
- Go with your papers to lender’s location to finish the application.
Loan eligibilityTo borrow some money at Cash Store Company, a person should be:
- Residing in a region where the company operates.
- Having a checking account that is active.
- Having a good income source.
- Having a driving license or a state identification.
- Above eighteen years old.
- Having a lien-free vehicle title if he/she is interested in a title loan.
The necessary requirementsTo finalize the loan application process at this lending Company, all applicants are required to present various documents in most regions. They are:
- Personal check
- Evidence for income
- State identification
- Current checking account statement
- Lien-free title if one needs a car title loan