How a Short-Term Loan Works?

My Funding Choices How it works


How it works? Your car breaks down, an unexpected bill arrives, or your child needs money for a field trip. There are dozens of reasons that you may find yourself in need of money now. For emergencies like these, a short-term loan is there. If this is your first time seeking a short-term loan, you probably have lots of questions.

When you need a short-term loan for any reason, we are here to assist you. It’s our goal to help and make the process as easy as possible. If you complete the application and get approval before 3 p.m. EST, we can deposit your much-needed funds into your bank account the same day. How’s that for fast? 

Steps while applying for a Short-Term Loan

Wondering how it works? It only takes a few easy steps.

Step 1: Apply

Of course, the first step is to fill out our online application. Provide all requested information and be as accurate as possible.

You may need to provide some information, such as:

  • Steady source of income according to loan amount
  • Proof of age and American citizenship
  • Verification of a checking account that’s currently in good standing

Step 2: Watch Your Email

Once you’ve been approved, we’ll send an email to the account you provided confirming the approval.

Step 3: Receive Your Funds

After approval you will receive the funds directly into your account, the time of the deposit depends on the date and hour it was approved. All applications approved before 3:30 p.m. EST will be funded the same day. All applications approved after 3:30 p.m. EST and before 8:00 p.m. EST will be funded the next business day. If you wish to utilize our instant funding option, which is available on weekends, you must provide us with a debit card. Please remember ACH is not available on Federal Reserve holidays and weekends, so accounts will fund the next business day.

Steps for customers approved for a Short-Term Loan

Now that you’ve received your funds and taken care of the emergency. You need to know some steps for existing customers.

Step 1: Payment Request

You need to log in to your account on our website to create a payment request.

Step 2: Automatic Withdrawal

On your due date, we automatically withdraw the repayment from your checking account. You only need to make sure the money is there.

When you need a short-term loan fast, we’re here to help. Contact us with any questions.