More about this lenderThis lender advertises low rates, unlike the other similar lending entities. Their payment terms are up to sixty five weeks and there are many methods of communicating with their customers. This includes live chatting. The main aim of this lender is to engage in helping people at the places where they have their offices. This entity is a direct lender with more than eighty offices at California, South Dakota, Utah, and Nevada. The company started its operations in 1998 with its HQ is at Las Vegas.
Repayment extension planThe Company provides payday loans which go up to two thousand five hundred dollars. The exact limit of their loans differs as per where the person borrowing resides. The interest rate for every region starts from 196.96 percent to 388.93 percent APR. However, the real rates differ depending on the state, the kind of loan and how much it is. The interest accumulates each day however the customers pay it during the time when the loan is out. The terms of payment can go up to sixty five weeks and the loan is due as per the customer’s payday frequency.
No charges incurred for paying earlyBorrowers can repay whenever they are ready without getting any penalty. The lender does not also charge any fees when applying. Besides the application details, customers are supposed to give other verifications such as:
- Five references
- State identification
- Income evidence
- Residence proof
- A bank statement for thirty days if the customer is using direct deposit
Client supportCustomers at Dollar Loan Center have many ways of getting support. They can reach a support representative through email, live chat or phone. There is an email address for each of the 4 regions where the lender operates. The emails are replied to in less than sixty minutes and the live chat option is normally available instantly. The company also offers details about scam activities and the things to check and what to do when customers suspect fraud. Besides that, the company also provides teaching to borrowers on topics such as:
- Credit score
- Managing finances
- Credit details