We know you probably have some questions about our services, and we can’t wait to answer them.

A payday loan is a small, short-term loan that can help you with some immediate cash needs until your next paycheck, which is typically when your loan is due. Payday loans are also known as cash advances, short-term loans, payday advances, bad credit loans, deferred deposit transactions, and paycheck advances.
There are multiple pros of getting a payday loan with CashbackLoans America.
  • One pro is that these loans are easy to apply for, access is easy because we don’t have as many requirements as other types of loans or lenders.
  • No collateral is needed and we don’t check your credit with Transunion, Experian, or Equifax.
The con’s of getting a payday loans are mostly related to the use of the product, it is not a solution for long term financial problems and it is important for you to understand the fees. When used as a short term solution most of the cons are eliminated.
At CashbackLoans America! There is no need to go into a payday loan store anymore, the whole transaction can be done from your computer or phone and you can manage your loan from our easily accessible portal. Apply now!
Since a Payday Loan is a short term cash advance loan the process is simple and easy.
  • Apply for your payday loan
  • Get Approved
  • Once approved for your payday loan, you can sign your loan documents on your smart phone and have your money instantly deposited in your checking account provided that it is with a participating bank. If your bank does not accept instant funding you can receive your money the next business day
  • Once your loan is due, typically by your next payday you will need to pay back the loan in full plus the finance charge
There is no charge for applying for a payday advance loan. For the actual payday advance, CashbackLoans America charges a percentage or dollar amount based on the loan amount. Depending on your state law and the maximum amount your state permits you to borrow the fee may vary.
For a payday loan you will need the following:
  • To apply online or via telephone you will need:
    • A valid and open and active checking account
    • A steady source of income
    • A government issued photo ID
    • An active phone number
    • A valid email address
In order to get approved for a payday advance you will need to meet the following requirements:
  • Meet minimum age requirements
  • A valid and open and active checking account
  • A steady source of income
  • An active phone number
  • A valid email address
  • A Valid Government Issued ID
The amount you can borrow is determined by your state’s law and the amount you qualify for. Select your state.
Yes. Each State has its own lending laws and requirements please check the individual state information for specifics
Payday loans are usually not reported to the three major credit reporting companies (Experian, Equifax, Transunion), so they are unlikely to impact your credit scores. However, if you don’t pay your loan back and your lender sends or sells your payday loan debt to a debt collector, it is possible the debt collector might report this debt to one of the major national credit reporting companies which may affect your credit.
Yes! If your check bounces, a payday lender may charge a bounced check fee.
No security interest is given or taken in connection with a payday loan. A borrower will write a check for the full amount of the loan and repay it or have the funds deducted from their account on their next payday, up to 31 days later.
Payday loans have a fixed rate. Please check the state specifics for the rates in the state where you reside.