Cash Central is a state licensed loan company from Utah that offers fast payday loans in 25 US states and has been in the business for more than a decade, with a long list of customers whose testimonials you can view on the company’s website. They take pride in their friendly customer service and 24/7 availability. No matter when you apply, you will receive a response quickly and get your money the next business day or even the same day if you have a Green Dot® prepaid card. Most importantly, with this company, everything is above-the-board, so you don’t have to worry about scams, illegal fees or any other threats to your security that are linked with taking loans from companies that are not licensed by the state.
- Direct lender except in Ohio and Texas
- Easy online application
- Quick approval
- Low requirements for applicants
- Highly transparent
- State licensed
- Available 24/7
- Services available in only 25 states
How Cash Central Works
Cash Central is a direct lender in all states in which it operates, except for Ohio and Texas, where it acts as an intermediary and connects you with unaffiliated third-party lenders.
In order to qualify for a loan with Cash Central, you need to have a source of income (which, in some states, needs to be verifiable), a valid checking account and two valid phone numbers, as well as a social security number. As you can see, their requirements are rather low and almost anyone can use their services. A poor credit score should not affect your eligibility.
Earlier in this Cash Central review, we mentioned that you may even get the money the day your loan has been approved. This option is available to owners of Green Dot® Reloadable Prepaid MasterCard® or Visa® Card, Insight® Prepaid Visa® Card or any other card accepted in the Green Dot® network. Unlike most other companies offering cash payday loans, Cash Central gives you the possibility to get the money minutes after your loan has been approved, so you don’t have to wait until the next business day. However, keep in mind that loading can take longer if you are a new customer.
Apart from offering you safe loans, Cash Central offers additional perks for its customers, including Credit Plus, which allows you free access to your Experian VantageScore credit score. Credit Plus also lets you track your progress toward more flexible loans with potentially lower rates.
Cash Central is one of the most transparent companies offering this kind of lending service. They also have all the fees and terms clearly listed on the website and available for every state where they offer their services. Check out the Rates & Fees segment of this Cash Central review and take a look at some example figures.
The process of applying for cash payday loans with Cash Central takes only several minutes and involves three simple steps – entering your personal information, followed by filling in the employment information form and finally, finishing the application. If you get stuck along the way, you can contact support by using the live chat. Once you submit your data, you usually find out whether you are approved in minutes. As we said before, you can get money the same day if you own a installment loan bad credit Maine prepaid card accepted in the Green Dot® network. If the deposit is made outside of your bank’s business hours, your money will be deposited on the next business day.
You cannot apply for more than one loan at a time. Many states have their own laws on how often an applicant may request loans. If your country does not prescribe such rules, Cash Advance will make sure that you do not already have a loan taken out in order to avoid lending you more money than you can repay.