If you're in need of some fast cash to make it to your next paycheck, you may be thinking about taking out a payday loan. If you can't pay back a payday loan, the account may be sent to a collection agency, which will damage your credit.
Is Speedy Cash and Rapid Cash the same company?
Speedy Cash History Speedy Cash was founded by three childhood friends in 1997 in Riverside, California. Speedy Cash offers a variety of financial services: payday loans, title loans, installment loans, lines of credit, check cashing, cash for gold, and pre-paid cards. Speedy Cash owns and operates Rapid Cash.
Can I cancel a payday loan?
Yes, but you must cancel (“rescind”) it on or before the close of business on the next day of business after you took out your loan. You cancel the loan by repaying the lender the amount they advanced you. Example: You took out a payday loan on Tuesday.
Is secure Speedy Cash legit?
While its interest rates are high, Speedy Cash is a legit option for people who need cash fast and can pay it back within the allotted time.
Are Quick Cash Loans Safe?
Cash advance loans often market quick cash and next-day (or even immediate) funding, which can sound great, especially for people with spotty credit. But expensive fees and triple-digit APRs can make cash advance loans a risky option that can trap borrowers in debt — so proceed with caution.
Can Speedy Cash take you to court?
If you don't repay your loan, the payday lender or a debt collector generally can sue you to collect. If they win, or if you do not dispute the lawsuit or claim, the court will enter an order or judgment against you. The order or judgment will state the amount of money you owe.Jun 5, 2017
What's similar to Speedy Cash?
- If you want an online installment loan: OppLoans.
- If you need less than $100: Check Into Cash.
- If you can repay the loan in a few days: Ace Cash Express.
- If you think you can pay it off early:Advance America.
- If you want 24/7 customer service: Check 'n Go.
Who is the parent company of Speedy Cash?
Speedy Cash is a member of the Community Financial Services Association. Speedy Cash is owned by Galt Ventures LLC. Speedy Cash owns and operates Rapid Cash.
Is Speedy Cash still in business?
Q: Are Speedy Cash stores still open? A: Yes, Speedy Cash offers an essential public service and based on the guidance we've received and the actions we've taken, our stores will remain open for business.
If you want to cancel and return your loan, send an email with “rescind” in the subject line to custserv@speedycash.com and request that they withdraw the money from your account immediately.