What is ?
CASH 1 is a lender which has been operating since 1997. The company provides hassle-free loans to people who got a refusal by usual banks and other lenders. The lender has many locations throughout 2 states – Arizona and Nevada. The company focuses on the needs of a client and excellent customer service. The lender consists of 200+ skilled employees having the mission of providing people the best experience and the company is proud to have good the reviews to prove it. CASH 1 strives to provide convenient terms and follows the best practices as stated by the Community Financial Services Association (CFSA).
Types of Loans
CASH 1 offers short-term loans that can help customers relieve their financial problems. The borrowed funds can be used for any purpose, for example, car or payday lending Bedford home repair, education, utility bills, traveling, medical expenses and bills, and so on.
Using this website, citizens of Nevada can get personal installment loans ranging from $100 to $1,500 in a few minutes using their employment as a proof of income with more time to pay off the debt.
People living in Arizona and Nevada can be approved for title loans ranging from $100 to $50,000 using their car/truck/motorcycle title as collateral. Citizens of Arizona can also get title equity loans ranging from $50 to $2,500 using the equity they have in their currently financed vehicle.
Unlike payday loans, installment loan repayment is carried out over a definite period making it possible to borrow as much money as you need and pay it off over an extended period with a lower interest rate. An installment loan can be provided for a period of up to 90 days. Customers are never required to pay a prepayment penalty, so they can repay their loans as soon as they are able to, before the specified date. In most cases, money is transferred the same day the loan is approved. Often this process does not exceed 15 minutes.
Title Loans are secured by the title on a car, truck, or motorcycle in which CASH 1 becomes the lienholder until the debt is canceled. The vehicle has to be in the personal property of the borrower. Title loans repayment period cannot exceed 6 months. Once the loan is canceled, the lien is released and the client is reissued a clear title. Once a loan application is received and reviewed by the lender, a speedy assessment of the vehicle will help determine the amount the company is ready to lend. According to the website, the whole process takes about 15 minutes or less to complete. Clients are also allowed to use multiple vehicles to get a greater amount as long as their income is enough to repay the loan amount. Even when a lien is placed on the vehicle, the client still owns it can use it any time.
Currently, CASH 1 is 2 promotions: 60 days No Payments for first-time title loans for Arizona applicants and 30 days No Payments for first-time title loans for Nevada.
Terms of Use
As we have already mentioned, the lender offers installment loans from $50 to $1500 and title loans from $50 to $50,000 to customers from Nevada, based on their salary and ability to pay off the debt. Installment loan amounts cannot exceed $1500 since there is no collateral to secure the loan. However, with a title loan, the lender can approve up to $50,000 in the case when the customer’s income is large enough to support the loan and when a client has an adequate equity in the vehicle. The loan amount is determined by the vehicle’s value and the client’s ability to repay that loan. Other factors, including net income, will influence the maximum loan amount and payment terms.