steps for paycheck advance

The Step-By-Step Guide To Applying For A Paycheck Advance

If you’re thinking of getting a paycheck advance, you should consider coming to see us at Cash Cow, as we provide payday loans to customers from all kinds of backgrounds, with various credit histories. It’s easy to end up in a situation where you suddenly need funds quickly, and a paycheck loan might be a way to get some help. And you don’t have to worry about the process being too difficult because we’ve made sure to make things simple for you to get through.

How Do You Apply For A Paycheck Advance With Cash Cow?

As we’ve said, the great news is that applying for a paycheck advance can be a very straightforward process. We know how badly you want to handle your emergency expenses, so we won’t make you jump through crazy hoops or wait days or weeks for an answer on whether you’ve been approved or not. In fact, all you have to do is go through a few easy steps and we will let you know if you are approved quickly! Keep reading to learn about our step-by-step process.

steps to get payday loan

Step 1. Get In Touch

To get started, you can either use the online request form on the website, or simply get in touch with your nearest Cash Cow location using the locations page. Each of our locations has its own webpage, which allows you to call that specific store, so you know you’re dealing with somebody local. Once you’ve done either of these things, you’ll need to wait a short time for the company to call you back. A friendly representative will get in touch quickly, so keep your phone handy.

Step 2. Begin The Process

You can then run through the start of the process with them over the phone to learn more about our paycheck advance. They will arrange for you to come to the nearest store location, and will give you a list of the required items you need to bring. Fortunately, it’s a short list, since you just need a blank check from a checking account, a state-issued photo ID, and your latest pay stub. You may have all of this available to you already, or you may need a bit of time to sort it out.

Step 3. Meet At The Nearest Store Location

Once you’ve asked any questions you have and got your items together, you’ll need to head into the nearest store location to meet with the representative so they can assess your items and determine if you qualify for approval. This entire in-person meeting can take as little as half an hour to complete in many cases, as it tends to be straightforward. Remember, you can ask any questions you have at any time about getting a paycheck advance.

Step 4. Sign The Paperwork

If we determine that you qualify for approval, all that is left is for you to finish up some paperwork, which our company representative will help you do. Finally, now that everything has been signed, the money will be on its way to you. This will take one or two business days, so be aware that if you apply on a Friday, you may get the money the following week. This is still very quick, and can be a good option for financial emergencies that you need to handle before your next paycheck.

man going through payday loan steps

How Much Can You Borrow Using A Paycheck Advance?

The amount of money you get for a paycheck advance depends on a few different factors, but the payday loans offered at Cash Cow are between $100 and $300. Note that even if you have a high monthly income, great credit, and other positives, you will not be able to borrow more than $300 using one of our payday loans, although you can check out our title loan options if you need more money.

How Soon Is A Paycheck Advance Repaid?

It’s best to discuss repayment with an agent because repayment options can vary from application to application. Traditionally, a paycheck advance is repaid on the following payday, so it is considered short-term borrowing. Now, however, there’s often a little more scope for flexibility. If you need longer to repay the money, discuss this with the representative, and find out what your options are. You may be able to ask for a different payment schedule, depending on your circumstances.

Get Your Paycheck Advance Right Now

Cash Cow can help you out if you need a paycheck advance, and if you follow the steps above and you are eligible for a loan, you will soon have the money you need. The process is designed to be as straightforward as possible. There are a lot of situations in which this kind of loan can help out, so if you’re struggling for funds, consider getting in touch today. You don’t have to struggle on until your next payday. Find out if a payday loan could be for you by filling out the online form.


Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.

Daniel Dewitt

Daniel Dewitt is a lifetime blogger with a finely-honed ability to break down, analyze, and interpret economic trends for the layman. He's fiercely invested in spreading financial literacy and helping everyday people gain the tools they need for their own economic success.