Mike Hodges is chairman of Advance Financial, a family-owned and operated consumer finance center founded in Nashville in 1996.
Is Advance Financial legit? Advance Financial is a legitimate way to get quick cash online without collateral. The company's convenient 24/7 lending services make it appealing to borrowers. However, Advance Financial's high fees and interest rates are worth noting before you sign a loan agreement.
Advance Financial offers Installment Loans and Line of Credit Loans, but there are several different types.
Payday loans with a monthly payment plan are predatory and yet immensely popular. ... Advance Financial offers an open-ended line of credit wherein the repayment due dates are aligned with your payday.
A payday loan default can lead to bank overdraft fees, collections calls, damage to your credit scores, a day in court and garnishment of your paycheck. ... If you can't repay a payday loan, you could settle the debt for less than you owe or file for bankruptcy if your debts are overwhelming.
Unlike many of our competitors, we cash all types of checks — personal checks, payroll checks, insurance checks, Cashier's checks, government checks, money orders and more — and give you cash on the spot.
PAYMENT BY CREDIT CARD.
You must submit your payment by using a U.S. issued Visa, MasterCard, American Express or Discover credit card issued by or through a financial institution located in the U.S. ("U.S. Bank").
Offering financial services such as FLEX loans, wire transfer, bill payment and money orders, Advance Financial operates more than 70 locations throughout the state and employs more than 600 people.
Like a regular payday loan company, Advance Financial reports the status of your loan to top credit bureaus in the US. Because of this, they encourage making regular payments.
No customer may have outstanding more than one (1) flex loan plan under this chapter at any one (1) time.
Bright Lending is a tribal lender owned by the Fort Belknap Indian Community of the Fort Belknap Reservation of Montana, a federally recognized American Indian tribe. It's an online lender that offers short-term personal loans, which it calls installment loans.
Absolutely! CreditNinja is a reputable and trustworthy online lender, offering personal installment loans to borrowers in need. ... We are a top-of-the-line lender that offers online personal installment loans for borrowers with lower-than-average credit scores.
Flex loans come with a credit limit. You'll be charged interest for amounts you've borrowed. ... Flex loan lenders may not require a credit check. But as with virtually any type of credit, the more risk the lender assumes, the higher the interest rate you're likely to pay.
Money will be deposited into your account in 1-2 banking business days.
For USPS money orders, visit a USPS location and ask for a PS Form 6401 Money Order Inquiry. You will need a valid photo ID and a fee of $6.10 to issue the request. From there, USPS will trace your money order and it will appear on the lost money order list on the USPS website if it is indeed lost or stolen.
Banks don't place restrictions on how large of a check you can cash. ... In addition, banks are required to report transactions over $10,000 to the Internal Revenue Service.
Short answer is yes, a payday loan company can sue you in court if you default on your debt. In order for them to take you to court, you must be delinquent on your payments and in violation of your loan agreement. Note: payday lenders can only take you to civil court — not a criminal court.
If you don't repay your loan, the payday lender or a debt collector generally can sue you to collect. If they win, or if you do not dispute the lawsuit or claim, the court will enter an order or judgment against you. The order or judgment will state the amount of money you owe.
Can I close my checking account to try to stop a payday lender from taking money from it? Yes, but the payday lender will probably take collection action quickly.
You can't be arrested for debt just because you're behind on payments. No creditor of consumer debt — including credit cards, medical debt, a payday loan, mortgage or student loans — can force you to be arrested, jailed or put in any kind of court-ordered community service.
The short answer to this question is No. The Bill of Rights (Art. III, Sec. 20 ) of the 1987 Charter expressly states that "No person shall be imprisoned for debt..." This is true for credit card debts as well as other personal debts.
Will I go to jail if I have an unpaid loan? As explicitly stated in the 1987 Philippine Constitution under Section 20 of Article III, no one shall be imprisoned due to debt, so you don't need to worry about debt collectors threatening you that they will send out the police to arrest you tomorrow.