It takes just a few minutes to fill out a form on RockStarLoan.com for a cash loan as high as $2500.00. You are still eligible for a loan if your credit score is low or if you don’t have any credit.
Applications are forwarded to multiple lenders who will run a credit check and make a decision on whether or not to approve your request. These lenders provide loans which are actually considered cash advances.
Lenders base their approvals upon employment, income, banking status and other components as well. Not everyone will receive a loan approval; it is never guaranteed. Once approved for a loan, you will work directly with the lender of that particular loan. Since money can be wired directly into your bank account it is possible to have access to funds the very next day.
While you may request a specific dollar amount on your application, submitted through RockStarLoan.com, it is not uncommon for their affiliated lenders to approve an amount lower than what you had expected. By paying off the initial loan in accordance to the contracted payment schedule, it is possible to apply for another loan and obtain approval for a higher dollar amount.
Different lending regulations are applicable to each state meaning each loan is different than the next. Repayment periods are also dependent on state regulations; the payment schedule should be clearly outlined in the contract. Read through this contract before signing off on it to ensure you will be able to make the payments as the interest rate accumulates.
The RockStar Loan website displays a disclaimer at the bottom of the page stating their partner lenders offer cash advances; a cash advance is an alternate term for a Payday loan. Cash advances should only be used as a short term solution for immediate cash needs; they are much different than long-term loans.
Read your contract and review your interest rate to ensure you are capable of meeting their payment schedule and are able to afford the loan. When a loan of this sort is attained, the quick accrual of added interest can be hard to keep up with. This is a reason cash advance loans are not feasible when your funds are limited.
Have a financial plan in place to ensure you allocate enough funds to cover payments as the interest rate accumulates. When instances arise, affecting your ability to make payments, inform your lender and try to work out a new payment plan with them.