QuickerCash.com is a short-term or payday loan matching company that uses a network of lenders to connect borrowers with funding options. Their focus is on providing applicants with a short decision time and quick funding of loans from $100 to $1,000.
Because QuickerCash is not a direct lender, they do not give final approval or control the specific terms of a loan, such as final loan amounts, interest rates, repayment terms, renewal options, or additional fees; as such, they do not have very much information available about these conditions on their website.
Their services are available to applicants from all states, but the specific regulations of each state will also determine the specific loan terms. QuickerCash.com began operating in 2010 and is maintained by Engage Traffic, located in Kansas.
Using a network of lenders, QuickerCash.com assists borrowers in securing payday loans, cash advances, and payday advances, which are all different names for essentially the same type of funding. They focus their advertising on several key points:
QuickerCash advertises a free, quick, 5-minute application with approval being received in as little as 2 minutes. If an application is initially approved, it will be matched to a lender immediately. Final approval must come from the lender and QuickerCash cannot guarantee that every application will ultimately be approved. In order to apply for a loan, applicants must meet the following criteria:
While the decision about loan amounts, interest rates, repayment terms, renewal terms, and additional fees ultimately rests with the lending institution, QuickCash.com advertises loan amounts that range from $100 to $1,000. The full amount of the loan is usually due on the applicant's next payday, but the repayment terms will vary according to the lender's guidelines, the date of the next payday, and the applicant's state of residence. The interest rates will also vary depending on the state, loan amount, and repayment term, but will be between 261% and 1304% APR.
QuickerCash.com offers advice to potential customers and cautions them against taking out a payday loan if they don't need to. They provide several suggestions for ways to improve finances generally, such as cutting back on spending, working with companies to work out a late payment schedule, and looking for help from other resources. They also have information about learning to budget, checking credit reports annually, and repaying debt.
Because QuickerCash.com is a loan matching company, applicants should be aware that their personal information will be shared with at least one other institution, and QuickerCash has no control over what those companies do with it. Potential applicants should be aware that by applying for a loan through QuickerCash's services, they may, at the very least, receive unsolicited phone calls or emails from other companies.
Although the QuickerCash.com website is functional and continues to process loan applications, there are several indications that the company itself does not have an active staff:
QuickerCash.com provides only a mailing address (care of Engage Traffic) and an online email form for contacting their customer service department. An auto-generated email reply is immediately sent out and a longer form email is sent out later. There is no phone number provided at all, which can make getting immediate help very difficult.