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All product and service options subject to change without notice. Line of Credit: Available at Allied Cash Advance locations in Virginia only. Approval depends upon meeting legal, regulatory and underwriting requirements.
Allied Cash Advance may, at their discretion, verify application information by using national databases that may provide information from one or more national credit bureaus, and Allied Cash Advance or third party lenders may take that into consideration in the approval process. Credit limits range from 250 to 1500. After your line of credit is set up, you have nearest cash advance to me option to draw any amount greater than 100, in increments of 5 up to the credit limit, as long as: you make your scheduled payments; and nearest cash advance to me outstanding balance does not exceed your approved credit limit.
Minimum payments are calculated based on the outstanding balance owed, plus applicable fees and interest. As long as you continue to make on-time and complete payments, you will remain in good standing and be able to continue using your line of credit account.
Cash Biz, on the other hand, gets checks from their customers dated for the day of the transaction. If the customer doesnt come in and pay on the loan before the due date, the company can try to cash the check.
If it bounces, then the company claims it has the basis for a hot-check charge. (Reached by phone, Cash Biz President David Flanagan said he would have someone else in the company call me back.
No one did. ) Baddour, the consumer advocate, said that Cash Bizs innovation points to a persistent problem with the payday loan industry in Texas.
One of the BEST lenders, period. I have had many tribal loans from many different tribal lenders. Many of them are little more than professional loan sharks. Spotloan gives you a clear payment schedule with a clear payoff date upfront. They don't want you to wallow in a permanent mire of never-ending interest. They want to help you with a short-term solution, not a long-term trap. Absolutely one of the BEST lenders I have ever worked with, including mainstream lenders. Highly recommended.
Thanks for believing in us.