- Age 18years or older
- Have regular income
- US citizen or permanent resident
- Have a valid bank account
- Bank account
- Credit or Debit card
If you belong to people who don’t have enough savings to cover emergent bills sometimes, this article is definitely what you need to read. In most cases, we ask our friends or family to help financially but if this option is unavailable, there’s a need to find an alternative. Checkmate is a lender that can help you to get money faster than you can even expect. It has impressive experience in the industry. Take into account that there is a small number of lenders that were founded 30 years ago. This company started its path in 1989 and it’s situated in Phoenix, Arizona. It offers loans in 5 US states. There are no complexities when you apply for a loan. Of course, you have to keep the company’s rules and provide the correct data. It’s essential when a customer applies for a payday loan. Read on to learn more about the lender’s processes, fees, and loans.
How Does Checkmate Works
Checkmate is a simple and convenient solution for people living on the territory of 5 states where it provides services. A customer can come to the lender’s store and apply for extra cash there. Its managers will willingly help a client to cope with the process and receive money quickly. The company also understands how important it is to be digital nowadays and has an online form. You can visit the website of Checkmate and complete an application. However, you’ll have to be ready to visit their store because you can only take the money there. Choose the closest location and obtain the desired cash from there. Only people based in Washington can get all the perks of having a banking account. Checkmate can deposit the money and there won’t be the need to visit a store.
A customer should be ready to repay both the borrowed money amount and fees coming with it. In case you want to obtain cash here, you have to calculate the sum of a loan and recognize how much you’ll repay them. At Checkmate, a customer pays over $ 16 for every taken $ 100. The rate depends on the borrowed amount, repayment period, and state where you are based. The company’s interest rate starts at around 165 % and rises up to 912 %. Every customer has to remember that a loan at this company is a short-time money solution. It wasn’t designed to become a regular budget savior. You have to be attentive and calculate your Future loan because you have to be confident that your salary is enough to cover this debt.
Like any other lender providing short-term money options, Checkmate limits the sum you can borrow. The largest cash amount it offers depends on the territory where it provides its offers. The lender offers customers to borrow from $ 50 to $ 1000 according to state rules. Checkmate follows the laws regulating its operations and it can’t give more money than it’s prescribed. For example, Mexico has loan restrictions and here a person can get extra cash in the maximum amount not bigger than $ 300. California also has rules connected with the money sum you can obtain. Here, they allow the highest amount at around $ 250. If you’re based in Arizona, you can’t get more than $ 500. People living in Colorado are also offered this maximum sum. And Washington based residents may ask for $ 700. It’s a rather nice sum that may help a person to cover many bills connected with various purposes. As you see, the maximum amount really varies by territory and you have to choose the desired sum carefully. A customer also has to pay attention to the money-return period. People who live in Washington and take $ 500 to repay this sum in 2 weeks will pay additionally $ 75 for this loan. In Arizona, the same offer will cost around $ 87.
How to Apply at Checkmate
Checkmate doesn’t want to make the customers’ lives harder and provides a very simple application process. You can fill the form with the demanded data just in a few minutes because there’s no need to search for any additional papers. Besides, a customer can find out if he’s approved right there in a store extremely quickly. People who worry about their poor credit stories may calm down and relax. Checkmate doesn’t check your scores and its decision isn’t based on this condition. But the company can explore another information connected with you because it needs to know if you have loans from other lenders.
When Does Checkmate Funds Money?
This lender provides short-term loans and quick processes. A client doesn’t have to wait for too long to get an approval or the desired extra cash. Usually, Checkmate managers process applications quickly and inform about their decision in less than 60 minutes. It’s not a long term and you won’t have to guess are you eligible or not. You get the answer faster than you could ever expect. The company gives the money within 3 business days. This result is rather nice for people who need extra funds in the short term and strive to cover emergent bills as soon as it’s possible. Don’t forget to calculate fees and loan sum you’ll have to return when applying. A customer has always to think about Future and recognize the chances to repay the borrowed cash in time.
The company operates according to laws and regulations of the states where it provides services. Checkmate has affordable rates and offers fast services to people living in 5 states: Washington, Colorado, Arizona, New Mexico, and California. A customer should check the requirements and maximum money amounts he can borrow depending on the area where he lives. The company also has other services to assist people in their tough financial situations. For example, here, a customer can use the a check cashing option or order an installment or title loan.