Frequently Asked Questions



General Questions:

Q: If I'm on welfare, can I borrow against that?

A: No, we really do require actual employment income to qualify for any sort of loan.

Q: If I borrow $200 for 31 days, how much am I going to pay?

A: There are two ways to look at it. One is that you will pay $30 in interest. The other is that you will pay 176% APR. It's certainly more expensive than a credit card, but also more convenient in many ways.

Q: Is there a loan maximum?

A: Yes, we'll loan as much as $1500 to repeat customers and as much as $400 to a new customer.

Q: Can I borrow while I still have an active loan?

A: Legally you can, but we won't allow it. If you really think you need another loan, you should speak to a debt counselor instead.

Q: Will you be talking to the credit agencies about this?

A: We will be obtaining a credit report, but we don't do any additional reporting.