Is there a catch to the emergency financial help loan?

First you probably want to know what emergency financial help is. It is another name for a payday loan, cash advance, or paycheck advance. An emergncy help loan is a short term loan that people who have a job but need extra money until payday often use. Payday loans are meant to be paid back within two weeks or your next payday whichever comes first.

The service fee for an advance cash loan is 25 dollars for every 100 dollars borrowed. You can pay just this service fee if you want to extend the due date another two weeks. If you are a first time customer then your first loan is free. This means that you do not have to pay the service fee when you pay back the entire loan in full. You pay back only the amount that you borrowed.  It is very important that you submit an actual online payment request though; otherwise we will not know that you’re paying it off in full and will not have time to waive the finance fees. If you can’t get to a computer just give us a call and let us know your intentions so we can make the necessary changes.

There are no catches to the emergency financial help loan. Just make sure that you pay attention to the due date and remember to make your payment requests by the deadline. Both your due date and the payment request deadline are clearly stated in your paperwork and you can always call our loan team if you are not sure. Payment requests must be made by the deadline or you will be debited for the entire amount plus the service fees on the due date.

 

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