Florida Cash Loan

All across the United States, as well as in Florida, people have trouble making it to their next payday. Many live from paycheck to paycheck, never having enough money in between. If a financial problem occurs, some consumers have an issue. A cash advance loan from cashloan.net can really help out in times such as these, especially since they are both fast and simple to get.

For example, you may have to rush your child to the doctor, and are given an important prescription for medication. However, you do not have the money to cover the cost, and won't have it until your paycheck comes in. Since that won't be until next week, a cash loan can really help solve the dilemma and get the medication you need now.

Applying For A Florida Cash Loan

The best part of getting a cash advance loan is that you do not need good credit to qualify. In fact, your credit history is not even checked. Loan companies, instead, only confirm that you have a steady job and paycheck, and then will give you a loan that can help you get through to your next payday. Most lending companies will have you post date a check from your account for the amount of the loan you are borrowing, as well as the fees associated with the loan. You'll get the money you need in cash that same day.

In Florida, there are laws and rules in place to protect lenders and their customers in regard to the cash advance company. Loans may only be taken out for 7 to 31 days at a time. All fees can't be more than 10% of the amount loaned, for example - $20 on $200 that is borrowed. There can be an additional fee of $5 charged. Consumers can only have one loan at a time, and no rollovers (or extensions) are permitted within Florida. Fortunately, Florida does allow 24 hours for a consumer to change his or her mind without penalty.