Think Cash is a company that has solutions for people that need cash quickly for unexpected needs that arise. You can get a short term loan without going to a bank or paying the higher costs of a payday loan. The costs of a payday loan may be anywhere from 25 to 75 percent more than a Think Cash loan. Other benefits of a loan from this company include a short approval process and no paperwork to fill out. It's also convenient to get a loan this way because you don't have to wait in long lines at the bank.
The amounts of the short term personal loans offered are from $250.00 to $2,500. Your application information and payment history is what Think Cash uses to determine the amount of the loan that is offered to you. This includes the finance charges and interest rate. Interest will only be paid for the length of time you keep the loan. There are no extra or hidden charges or fees and no prepayment penalties are charged. If you pay your loan off early or make a down payment the cost of your loan will be lowered. Additional fees are only charged if a payment is returned to the company, you skip a payment or make a late payment.
Your loan costs are based on the amount of the loan that you're approved for. For every $100.00 borrowed, Think Cash will charge $1.00 per day which is 365 percent APR for short term loans. If you borrow a larger loan, the cost is 24 cents per day which is 87 percent APR. These amounts are for customers with good payment histories or higher credit scores. The sooner you pay off your loan the less interest you'll be charged. For instance, if you pay your loan off in 3 days then you'll only have to pay 3 days interest.
The size of your loan and your pay schedule is used to figure out the number of payments you'll make. Usually, no more then $100.00 will be charged for each payment. Your loan amount and when you get paid will make a difference in your payment amount. The times that you make your payment have to do with your pay dates. This will put you on a scheduled payment arrangement and help you to manage your payments better. The start date of your first payment is chosen by you. Whenever you get paid then that's when you'll make your payment. So no matter if you get paid every two weeks or monthly, that's the dates your payment will be due. This company also gives you the option of mailing in your payment. It's very important that the company receives your payment by 4:30 PM Central Time on the due date of your payment. If it is late, there will be an automatic debit.
Some other benefits of a Think Cash Loan are reminder e-mails when your payment is due, automatic installment payments and twenty four hour online account access every day of the week. Also, you don't have to worry about any kind of paperwork like bank statements, phone bills or pay stubs. You don't need to fax any documents. You only need to fill out their on-line application. The application is completely secure so you can be sure no one will see your personal information besides Think Cash. This company is committed to safeguarding your privacy. They use up to date technologies with federal data transmission and storage regulations. This company has a Verisign secure sockets layer (SSL) certificate which means your information will stay secure when it's transmitted. You should also keep your login account information and password private with Think Cash. This will give you even more security. Another convenient benefit is you can access your account online any time you want. You can check your balance, the schedule of your payments or when your payments are due and more.
When you apply on-line for a loan from Think Cash, you'll receive an answer in seconds. If your application is approved, your money will be deposited the next banking day. You may still be approved for a loan even if your credit score isn't good. In addition, you don't have to be employed but it's required that you have a regular income. Your payment history will be taken into consideration when a loan amount is decided for you. Your loan may be lower than what you expected. You may be able to get a larger loan after you build your payment history. The best way you can do this is by always making your loan payments on time.
Think Cash Ratings
- Average 4.9
- Service 5
- Cost 4.5
- Time 5
- Use Again 5