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Check Into Cash

verified
Check Into Cash Logo

3.9

Overall Score

10 User Reviews

2 months ago

Check Into Cash

verified
Available in 30 States

Check Into Cash is a "small dollar short-term" payday loan lender offering loans range from $50.00 to $1,000.00 (new customers can borrow up to $750 or state maximum). It was founded in 1993 in Tennessee by Allan Jones and currently has over 1,000 branches in 30 states. When a customer goes to the website, they will simply complete an online application in as little as five minutes and a Check Into Cash representative will call and take the customer through the secure process. Check Into Cash provides online payday loans, in-store cash advance, in-store title loans, check cashing and more. Check Into Cash serves individuals who need money for unexpected expenses, who may be in a money crunch between paydays, or need other short-term assistance.

 

The Good

  • Fast Approval
  • Simple Repayment
  • Educational Materials

Fast Approval

With fast approval service online or in-store, Check Into Cash can connect customers to funds within 24 hours of applying online, or during the same visit if applying in-store. 19 states offer both in-store and online application options, nine states only offer in-store applications, and two states offer online applications only. The application process for Check Into Cash is quick and you only need a few items. These include your social security number, government-issued driver's license or photo ID, your checking account number or bank statement, bank routing number and proof of income. You must be at least 18 years old to apply, except in Alabama where you must be 19 years old.

Simple Repayment

Check Into Cash makes repayment simple and easy. If you apply in-store, you will write a post-dated check to the store and they will hold onto it until your next payday. When the specified date arrives, the store will cash the check and your repayment is complete. If you apply online, Check Into Cash will automatically debit your checking account on your next payday. The amount you will repay is the total of your loan plus the incurred fee.

Educational Materials

The Payday Loans section of the website explains what an online payday advance is and navigates you to the How It Works section for descriptions of what materials you need and how to get started. The Rates & Terms section outlines specific details for each state, since each state has different requirements and regulations. It is fast and simple to find the APR*, fees and maximum loan amounts by clicking on your state.

The Bad

  • Large Fee
  • No Longer Term Options
  • Possible Additional Fees

Large Fee

Check Into Cash charges borrowers a large fee to use their services. Depending on the state, the APR* can range from 153% to 1042%. The APR* varies greatly depending on the state you live in and, in some cases, by the amount you are borrowing. A $300.00 loan in Idaho with a 14-day term advance will have a $75.00 fee added onto the repayment amount. That is an APR* of 651.79%. If the entire amount, loan plus fee, is not repaid on the agreed-upon date, you are charged an additional $20.00. Check Into Cash offers 7-, 14-, or 30-day loan terms.

No Longer Term Options

Most states offer a 14-day term and repayment is due on the next payday. There is no option for a longer term with a lower APR*.

Possible Additional Fees

If you need more time repaying the loan and fee, additional fees and interest rates are added on, making the total paid back cost substantially more than the original amount borrowed in the first place. If you are late repaying the loan amount or the check comes back with an insufficient funds notification, Check Into Cash has an Extended Payment Plan. It is similar to the one offered by Cash Central, except it incurs interest at the same rate until you pay back the original amount and additional fees. If you still do not repay your loan amount, your account may be turned over to a third party collection company, affecting your credit score and possibly incurring even more fees on top of the amount that has already been borrowed and charged. Want to know which payday loan company is top rated? Click Here

The Bottom Line

Check Into Cash makes it easy to borrow money, but there is a high fee for using the service. If the loan is not repaid in full during the initial term, more interest rates, penalties, and fees will continue to accrue until the loan is paid in full. Borrowers should weigh the pros and cons of using Check Into Cash before applying for a loan: it may only be financially beneficial to borrowers who can repay the loan on their next payday. Check Into Cash offers an extreme APR Range that goes up to 1042%. Along with that, their payoff options are not very clear. Even With 22 years in business, Check Into Cash can improve their transparency. Be sure shop around to ensure that you get the best APR* for your needs. Check Into Cash has both good and bad features to them.

View Top Rated Companies

*APR rates vary by state.

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User Reviews

2.8

10 Reviews

Your trust is our top priority, so we check all reviews for accuracy and relevance. Additionally, we do not allow companies to alter or remove reviews. Learn more

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Edward Hunter
October 2nd, 2018 Youngstown, OH DETAILS
Value for your money
Quality of product or service
Customer service
Company trustworthiness

The experience that I had with your company and it’s employees was a very friendly, hospitable and professional one. My loan was very well structured to my ability to pay back which was very accommodating. As for your other service in providing money orders, I fine it very confient because you are just around the block from me.

Helpful?
Kim
September 13th, 2018 Kingman, AZ DETAILS
Value for your money
Quality of product or service
Customer service
Company trustworthiness

Doing business with Check Into Cash was the biggest mistake of my life, in the beginning they are friendly to lure you in then once a customer they are horrible to do business with. The are heartless and not forthcoming with information. I have never delt with a more heartless business than Check Into Cash

Helpful?
Chris Alonzo
June 25th, 2018 Gilbert, AZ DETAILS
Value for your money
Quality of product or service
Customer service
Company trustworthiness

Although the rates for personal loans are extremely high Check into Cash is there for any cash emergency. The employees are very professional and helpful. They work their best to assist you during the application process. Your information is safe and the payment outline is clear for you to understand. I’m very thankful they were there when I needed them.

Helpful?
C. Gore
June 19th, 2018 Kent, WA DETAILS
Value for your money
Quality of product or service
Customer service
Company trustworthiness

When this company says they are "Here to Help" they truly mean it and deliver on it. I defaulted on a loan due to a garnishment that I did not realize went into effect. I was stressed because I could not pay my loan nor did I know when I would be able to. I contacted them and informed them of my situation. They immediately came up with a repayment plan that was more reasonable than I expected. They even offered future support after I paid the loan. My goal is to not have to utilize a pay day loan again But with the cost of living the way it is, it is really nice to know if you do need help there is a company that is willing to not only help but offer stress free support if you have a hardship. I cannot Thank you enough what a blessing you are. A weight has truly been lifted.

Helpful?
Annabelle Sparks
December 18th, 2017 Waterford, MI

I had a terrible experience with Check into Cash today! Both employees were very rude to me. They kept telling me that I needed additional proof of income when the necessary information was right in front of them. They weren't able to understand that I'm a salaried employee and not an hourly worker. They insisted that I provide information documenting how much I get paid per hour. They also didn't seem to understand that they could see how much my take home pay was by looking at my automatic deposits on my bank statement This was my first experience with a payday loan company. I went home twice attempting to get the documentation they wanted. When they sent me away a third time, I told them that I'd find another company to lend me money. I went down the street to another payday loan company. The very nice, smiling employee said that what they tried to do was illegal and my bank statement was my proof. I would never recommend Check into Cash.

Helpful?
michael and marilyn d
December 15th, 2017 Davenport, IA DETAILS
Value for your money
Quality of product or service
Customer service
Company trustworthiness

we have had great experiences with our davenport iowa office located at 5 points. They are very courteous and friendly and are fast in making things happen.

Helpful?
Jacquelyn Allen
November 16th, 2017 Los Angeles, CA DETAILS
Value for your money
Quality of product or service
Customer service
Company trustworthiness

I would like to give a special thanks to Carla S and Diana M of your Santa Ana, CA . office for extremely excellent customer service. These two ladies are professional and kind what a great team they are. Thanks so much ladies for all your help.

Helpful?
Jan Smith
June 27th, 2017

I have used them for years previously with no problems but recently they've started doing hard inquiries on my credit and it's having a negative effect on my score. I spoke with regional mgr because they've checked my credit twice in a the short time I've had the loan without ever mentioning it and she stated they now check credit for every customer every 60 days. There is a lender across the street from them who doesn't do this so I'm going to start doing business with them instead.

Helpful?
Adrienne Duran
August 8th, 2016 Seattle, WA

I tried to get a loan it had been over 4 weeks, and when I went to apply, I was given 100 only. My past loan amounts were 500 and 350. Both paid on time. When I called no one could give me any information on why it is like this. There's no where to change the amount on this basic site. I called 3 times and was hung up on. Final time I was told by the customer service rep. She had no idea and couldn't help me. Ridiculous!!! For such a big company you'd think the site would be user friendly. Dumb

Helpful?
Michael Njock
July 19th, 2016 Pasadena, CA

Applied online 7/10/16. Next day they ask me to send a pay stub. I did that the same day by email. Then they said the will let me know within hours when my cash would be available. Today they me that the process was cancel due to me not sending requested info. They are a bunch of deceptive individuals. Stay away! Even though the amount requested was not much they should at least have the courtesy to be honest. I hope the donor deduct funds from my account since they never dispensed it in the first place. I will never ever try these sorts of loan sharks again.

Helpful?