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Home New Jersey Lakewood

Cash Advance in Lakewood, 8701

Customer centered service

Providing excellent customer service and a positive loan experience is Swift Title Loans top goal and we work tirelessly to make this happen for each and every customer.

Easy application process

We understand the urgency when getting a loan, so we offer simple options for applying. You can choose to apply either by phone or online.

Loans for low credit score

We don’t like turning away customers simply for having a bad credit score. We will work hard to get you a loan regardless of your bad credit.

Our main advantages

Swift is one of the most flexible and trustworthy finance houses in the great sun-soaked city of Los Angeles, California. While there are many things that set Swift apart from its competitors, here’s what customers should know about the Swift difference.

3 Easy Steps To Get a Cash Advance Loan in Lakewood

1

Get Started

Fill in the simple online inquiry form and you can get connected swiftly to trusted third-party lenders in our network.

2

Get an Offer

The lender will present you with a cash advance loan offer that suits your financial needs.

3

Get Your Cash

Once you sign the loan agreement, the cash can be yours in no time, sometimes even on the next business day.

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Benefits

Fast Access To Cash

Bad Credit Is Not A Deal-Breaker

No Collateral Required

Minimum Paperwork

Use The Money For Any Purpose

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Requirements

Source Of Income

Checking Account

Valid Identification

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Process

Fill In The Online Inquiry Form

Get Connected By A Trusted Third-Party Lender

Receive & Review The Offer

Sign The Contract

Get Cash

Cash Advance in Lakewood, New Jersey: Your Ultimate Guide

Lakewood, a vibrant township in Ocean County, New Jersey, has its own unique financial challenges, just like any other place. For those facing financial hiccups or unexpected expenses, payday loans emerge as a viable short-term solution. Before you consider this route, here’s everything you need to know.

How Do Cash Advance Loans in Lakewood, NJ Work?

A payday loan, as called a cash advance loan, in Lakewood operates as a short-term loan, typically lasting two to four weeks or until the borrower’s next payday. After lending, the repayment, along with any interest and fees, is usually deducted directly from the borrower’s account on the agreed date. Given the short duration, the interest rates can be high, making it crucial for borrowers to repay on time.

Requirements for Receiving a Payday Loan in Lakewood, NJ

Acquiring a payday loan in Lakewood, NJ, can be an effective solution for short-term financial needs. But before plunging into this financial commitment, it’s crucial to understand the requirements set by lenders and the state. While the specific prerequisites may vary slightly from one lender to another, the following encompasses the general standards that borrowers need to meet:

Age Limitation:

Why it Matters: Lending money to minors is not legally sanctioned, and hence there’s an age threshold for payday loans.

Standard Requirement: Borrowers must be at least 18 years old to apply for a payday loan in New Jersey, including Lakewood.

Proof of Identity:

Why it Matters: Lenders need to confirm the identity of the borrower to avoid fraud and ensure the borrower is a genuine resident or citizen.

Standard Requirement: A valid government-issued ID such as a driver’s license or a passport is commonly required. The identification also serves to confirm the borrower’s age.

Steady Source of Income:

Why it Matters: Lenders want assurance that the borrower can repay the loan on time.

Standard Requirement: Regular pay stubs, bank account statements, or other documentation proving consistent income are often required. Some lenders may also have a minimum monthly income criterion.

Active Bank Account:

Why it Matters: Lenders typically deposit loan funds directly into a bank account, and also often require an account for repayment via direct debit.

Standard Requirement: Borrowers need an active checking account. Some lenders might request recent bank statements as part of the verification process.

Contact Details:

Why it Matters: Effective communication between the lender and borrower is crucial for loan management.

Standard Requirement: Lenders typically require a current home address, phone number, and often an email address.

Credit Check:

Why it Matters: Although payday loans are known for their accessibility to those with bad credit, a credit check can still provide the lender insight into the borrower’s financial behavior.

Standard Requirement: Many lenders in Lakewood will perform a soft credit check. However, the appeal of payday loans is that they often consider borrowers with less-than-perfect credit. Note that while a poor credit score might not automatically disqualify an applicant, it can influence the loan terms.

State Residency:

Why it Matters: Lenders need to adhere to state regulations, which differ across borders.

Standard Requirement: Borrowers need to provide proof that they are legal residents of New Jersey. This could be verified through a state-issued ID or other official documents.

Additional State-Specific Criteria:

Why it Matters: New Jersey has its own set of regulations governing payday loans to protect consumers.

Standard Requirement: Depending on local state regulations, there might be caps on loan amounts, interest rates, and loan terms. Borrowers should acquaint themselves with these rules to ensure they get fair loan terms.

Meeting these requirements does not guarantee loan approval, as lenders will evaluate the overall financial picture of the borrower. However, fulfilling the above standards certainly puts one in a strong position to secure a payday loan in Lakewood, NJ. Always ensure you’re dealing with a reputable lender, understand the loan terms, and are confident in your ability to repay the loan on time.

How to Take an Online Cash Advance Loan in Lakewood, NJ

Online cash advance Lakewood NJ

Navigating the world of online cash advances can seem overwhelming, especially for those new to the process. However, in a place like Lakewood, NJ, taking out an online cash advance is simpler than you might think. Here’s a comprehensive step-by-step guide to help you through:

Research Lenders:

Why it Matters: Not all lenders are created equal. Some might have better rates, while others might have more lenient qualification requirements.

What to Do: Use platforms like US Cash Advance to connect with trusted third-party lenders. Cross-reference any potential lender with online reviews, testimonials, and financial forums.

Understand the Loan Terms:

Why it Matters: Different lenders might offer varying terms for their cash advances. Understanding these nuances can save you from unexpected fees or high interest rates.

What to Do: Read the fine print. Look for details on interest rates, fees, repayment schedules, and what happens if you’re late with a payment.

Online Application:

Why it Matters: The online application is where you’ll provide the lender with all the information they need to make a decision.

What to Do: Have your documents ready. This usually includes proof of income, identification, proof of residency in New Jersey, and bank account details. Ensure that all the information you provide is accurate to prevent any delays or denials.

Wait for Approval:

  • Why it Matters: Lenders need time to process your application, check the details, and make an approval decision.
  • What to Do: Use this time to reevaluate your need for the loan and to ensure you’re comfortable with the repayment terms. Some lenders might give an instant decision, while others could take a few hours or even a day.

Review the Offer:

  • Why it Matters: Once approved, the lender will provide a loan agreement outlining the terms.
  • What to Do: Read this agreement carefully. Pay close attention to the interest rate, any fees, the total repayment amount, and the repayment date. If anything is unclear, reach out to the lender for clarification before accepting.

Receiving Your Funds:

  • Why it Matters: The speed and method by which you receive your funds can vary based on the lender.
  • What to Do: Most lenders deposit the cash advance directly into your bank account. Ensure that your bank details are correct to prevent delays. Typically, funds are made available within one business day, though some lenders might offer expedited or immediate transfers for a fee.

Repayment:

  • Why it Matters: Failing to repay your cash advance on time can lead to extra fees, higher interest rates, and a negative impact on your credit score.
  • What to Do: Set reminders for the repayment date. Consider setting up an automatic transfer from your bank account for the repayment amount. If you anticipate any trouble with repayment, contact your lender immediately to discuss potential solutions or adjustments.

Remember, while online cash advances offer a convenient way to access funds, they are best used for emergencies given their typically higher interest rates compared to other financial products. Always borrow responsibly and ensure that a cash advance is the right solution for your situation.

FAQs

Is bad credit an issue for payday loans in Lakewood, NJ?

Not necessarily. Many payday lenders approve loans even for those with bad credit, focusing more on the borrower’s ability to repay.

How soon can I get the funds after approval?

Typically, once approved and you agree to the loan terms, funds can be deposited into your account within one business day.

What happens if I can’t repay on time?

It’s crucial to contact your lender immediately. They might offer a rollover or extension, but this could come with additional fees.

Are there any restrictions on using the payday loan money?

No. You can use payday loans for any purpose, though it’s recommended to use them for emergencies or essential expenses.

How do I ensure my lender is legitimate?

Check their licensing, read reviews, visit their physical office if possible, and ensure they provide a clear loan agreement detailing all terms.

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Phone number

(732) 835-6607

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Address

39 S Clifton Ave unit A, Lakewood, NJ, 8701

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Open hours

Mon – Fri:

9am – 7pm

Saturday:

10am – 4pm

Sunday:

Closed

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Email

service@cash-advance.us

Fast Process

When you need money urgently, fill in the online request form and you won't believe how fast you can get the loan approved.

Near Locations

Jersey City

248 Washington St unit A, Jersey City, NJ 7302

Paterson

284 Market St unit D, Paterson, NJ 7501

Raleigh

4209 Six Forks Rd Ste 103, Raleigh, NC 27609

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