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Sep 28, 2017 - 34 minute read

Cash advance in richmond ca

Click here for more details on our Cookie Policy. Features Benefits. Whether youre looking for extra cash for car repairs, your studies or even a wedding, trust RCS to make it possible.

An RCS Loan gives you access to: A cash loan from R2 000 up to R150 000 Fast, paperless application process Decision in seconds Cash in your account within 24 hours Flexible repayment options; choose from 12 to 60 months Free monthly statement via email or SMS Customer Protection Insurance Representative example: Loan amount of R7,500 borrowed for 24 months.

Annual Interest Rate: 27. Initiation cash advance in richmond ca (charged upfront): R480.

Cash advance in richmond ca

Payday lenders offer short-term loans of a few hundred dollars, mainly to poor, cash-strapped customers. Until about five years ago, they operated mainly out of storefronts that offered a range of money services to people who cant or wont use traditional banks. Consumer advocates have long called for stricter limits on the industry, which ensnares many borrowers in a cycle of borrowing anew to repay a previous loan and which can charge interest rates that exceed 1,000 percent.

A number of states, including New York, have tried to eliminate the practice by capping interest rates. Yet the industry has proven resilient. Storefront lenders exploit loopholes by tweaking the terms of their loans, reclassifying themselves as other types of companies and lobbying aggressively for friendly legislation, according to a report this week by ProPublica.

State efforts to regulate the loans have pushed many consumers online, where state laws have so far carried little weight. The Cash advance in richmond ca allows payday lenders to reach people living in cities or states where their products are illegal.

Many companies in this growing market have evaded state and federal consumer protections by operating from Indian reservations. Tribal sovereignty puts them beyond the reach of U.

Cash advance in richmond ca

Have you been called by someone claiming you have defaulted on a loan. It might be a scam. Find Out More. OLA Consumer Hotline. 1-866-299-7585 As a proud member of the Online Lenders Alliance (OLA), Cash Advance is serious about protecting your personal information.

The OLA consumer hotline is a key consumer resource, for questions on lending or reporting possible occurrences of fraud. Your security is important to us.

We use 256 bit encryption. CashAdvance.

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