About 500 Fast Cash
500 Fast Cash, found online at 500FastCash.com, is a company that provides lending services for borrowers with bad credit who are looking for short term loan providers.
Short term loans, which include payday loans and cash advance loans, are loans that are generally limited in their amount, have short periods in which the loan needs to be paid off, and typically carry very high interest rates.
These loans often have such high, legal interest rates because the lending companies cater to borrowers who have bad credit, no credit, or a history of bankruptcies, charge-offs, or bounced checks.
500 Fast Cash has a very short, simple loan application process. They have you fill out a “two minute” online application providing them with some of your personal information, such as address and Social Security Number, and detailing the type of loan you are looking for, and they claim to quickly determine whether or not they can meet your needs.
In order to qualify for any loan, however, you must currently have a job – or source of regular income – which earns at least $800 per month, are 18 years of age or older, be a US citizen, and have a checking account. They mention that some loans may have additional requirements.
If a lender agrees to offer you a loan, it is your responsibility to closely look over the loan terms before you agree to them. You are not obligated to agree to loan terms that you have complaints about or are not comfortable with.
If you do agree to the lender’s terms, the funds can be deposited into your bank account as soon as the next day.
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