What are Cash Advances?

Cash advances are loans that are given to people who require a small amount of money fast. Cash advances -- payday loans vary by state in terms of maximum loan amount and loan fees. We have listed the maximum loan amounts and loan fees below for the states that we provide our services to. The state limits on loan amounts can help ensure borrowers don't borrow more than they can pay back.

Cash advances come with state regulations and cannot be given to a prospective borrower unless certain prerequisites are met - these prerequisites can help ensure that the borrower is capable of repaying the loan. This way, payment is assured within a short period of time, instead of months in which your loan can accumulate additional interest and other fees, making it harder for you to repay your cash advances.

There is no required collateral for our cash advances. Payday loans from Purpose Cash Advance entail very little paperwork and waiting time on your part because we understand that our customers often use their cash advances for unexpected bills and expenses which need immediate attention.

We aim to provide you with an easy, secure, quick, and confidential application process. By logging on to our website and filling out our online application form, you can get a cash advance. Payday loans or cash advances are usually deposited into your account within two (2) business days.

With a fast approval process and fixed payment plan that is available to several states, cash advances are ideal for people who need fast cash. We also allow extensions on payments, depending on the state you live in. Your state of residence also determines the cost of your loan and the maximum amount of your cash advance.

How long does the application take?

We've taken time to make our cash advance application process quick and easy. It should only take you a few minutes to complete our entire loan application process. This includes signing for your loan! Note: Wisconsin Residents click here.

How much can I borrow?

You can borrow from $100 up to $1,500 depending on your personal circumstances and the state in which you live. In most cases, money will be deposited into your account in 2 business days or less.

• Missouri
  The maximum loan amount residents of Missouri can receive is $500.
• South Dakota
  The maximum loan amount residents of South Dakota can receive is $500.
• Texas*
  The maximum loan amount residents of Texas can receive is $1,500.
• Utah
  The maximum loan amount residents of Utah can receive is $1,500.
• Wisconsin
  The maximum loan amount residents of Wisconsin can receive is $1,200. The maximum loan amount including fees is limited to 30% of gross income.

What is the cost of my loan?

The fees for a loan vary by state.

• Missouri
  Typical loan terms are for 14 days, at the rate of 651.79% APR, the finance charge would be $25 per $100 borrowed. Please click here for the APRs of loans with other terms.
• South Dakota
  Typical loan terms are for 14 days, at the rate of 651.79% APR, the finance charge would be $25 per $100 borrowed. Please click here for the APRs of loans with other terms.
• Texas*
  Typical loan terms are for 14 days, at the rate of 664.28% APR. The Credit Service Organization fee would be $25 per $100 borrowed. Lender interest is charged at 10% on loan principal and CSO fees. Please click here for the APRs of loans with other terms.
• Utah
  Typical loan terms are for 14 days, at the rate of 651.79% APR, the finance charge would be $25 per $100 borrowed. Please click here for the APRs of loans with other terms.
• Wisconsin
  Typical loan terms are for 14 days, at the rate of 651.79% APR, the finance charge would be $25 per $100 borrowed. Please click here for the APRs of loans with other terms.

Can I get a Cash Advance Loan?

If you are over 18 years old, have full time employment and have an open and active checking account, you are likely to qualify for our cash advances. Payday loans require an open and active checking account so we can deposit your loan into it and withdraw the money for repayment.

What information do you need?

Our simple online form requires the following information:

• Your name and address
• Social Security number
• Your date of birth
• Your contact telephone numbers and email
• Your work and pay details
• Your bank account details

Why do you need all this information?

We are a responsible loan provider and Credit Services Organiazation and this means that we need to verify:

• That it is you taking out the loan
• That you have full time employment
• That we put the money in your account and no-one else's account
• That you can repay us in a simple and hassle-free way

Do you credit score my application?

Neither Purpose Cash Advance nor the third party lender, where applicable, performs traditional credit checks, but they do verify applicant information via national databases including, but not limited to, LexisNexis and CL Verify.

I don't have the best credit history - Will this affect my loan application?

Not necessarily. Each application is reviewed based on your recent circumstances.

I don't have a checking account - Can I still apply?

Sorry, an open and active checking account is required in order for the loan to be deposited and for you to repay your loan amount.

*In Texas, Purpose Cash Advance operates as a Credit Services Organization registered pursuant to Texas Code 393.001. Loans are provided by a third party lender.

What do I have to do?

Our cash advances require that you complete our quick online application. If you are approved, you will need to agree to and accept the terms and conditions of your Cash Advance Loan and electronically sign your agreement. We will do the rest!

When will I receive my loan?

We will usually transfer the funds to your account within 2 business days of your completed application.

How will I get my money?

It's deposited directly into your checking account. Once it is in your account, you can access the money like you would normally from your account.

Can I have two Cash Advance Loans at the same time?

No. All prior Cash Advance Loans must be repaid before other cash advances can be offered. For your protection, we want to ensure you can easily repay the money you borrow.

How do I pay back my loan?

It's easy - We debit the agreed upon loan amount from your checking account on your next payday - there's nothing else for you to do. Click your state below for details on rates and terms.

• Missouri
• South Dakota
• Texas
• Utah
• Wisconsin

What if I need an extension on my payment?

Your ability to be granted an extension on your payments depends on the state in which you live. An extension will incur new charges for every month the loan is deferred. Please click your state below for details.

• Missouri
  
  You are eligible for a maximum of 2 extensions. You will need to pay 5% of the principal as well as any fees before the full amount must be satisfied. A new loan will be issued after payment of the original loan fees. You will incur additional fees associated with the new loan. Extension, partial payment, and early payoff requests must be received by 5pm on the loan due date. You can request these updates to your loan by logging into your member account.
• South Dakota
  
  You are eligible for a maximum of 4 extensions. You will need to pay 10% of the principal as well as any fees before the full amount must be satisfied.A new loan will be issued after payment of the original loan fees. You will incur additional fees associated with the new loan. Extension, partial payment, and early payoff requests must be received at least 2 business days prior to your due date. You can request these updates to your loan by logging into your member account
• Texas
  
  You have the option of refinancing your loan as many times as necessary.** You will be assessed a Credit Services fee and Lender Interest at the time of your refinance. The principal will be rolled over into a new loan and you will need to review and e-sign your Credit Services Organization agreements and Loan documents. An additional Credit Services fee and additional interest will be charged. If you choose to take advantage of a refinance, then your request must be received by 5pm the prior business day to your due date.

  **Subject to approval.

• Utah
  
  If you are paid weekly, bi-weekly or twice a month, you are eligible for a maximum of 4 extensions. If you are paid monthly, you are eligible for a maximum of 2 extensions. The maximum term of the loan and all extensions must not exceed 10 weeks. A new loan will be issued after payment of the original loan fees. You will incur additional fees associated with the new loan. Early payoffs and extension, partial payment, requests must be received at least 2 business days prior to your due date. You can request these updates to your loan by logging into your member account.
• Wisconsin
  
  You are eligible for a maximum of 1 extension. You will need to pay all fees associated with your loan before the full amount must be satisfied. A new loan will be issued after payment of the original loan fees. You will incur additional fees associated with the new loan. Extension, partial payment, and early payoff requests must be received at least 2 business days prior to your due date. You can request these updates to your loan by logging into your member account.

Can I make an early payment?

Yes, you may make an early payment up to two business days prior to the loan due date, at no additional charge. For UTAH residents, if you do pay early, your interest will be adjusted so you are only charged for the days the loan is outstanding.

Can I cancel a loan?

UTAH RESIDENTS ONLY: Yes, if you notify us by 5:00pm on the business day following the day that your loan is originated, you may rescind your cash advance loan. In order to rescind, the principal of the loan must be repaid in its entirety.

My payday or checking account details have changed

If your payday has changed, or you have a new checking account, please contact our customer services team at 1-800-573-5745 as soon as possible. They will make the necessary changes in the payment details of your cash advances. Payday loan payments will follow the changes that have been made.

What if I have problems paying?

We understand that your circumstances may change and this change may affect payment of your cash advance. If this is the case, you must let us know as soon as possible and we will do our best to help. The most important things to note are:

• Don't borrow money you don't think you can pay back
• Talk to us and we will help as much as possible

• Telephone: 1-800-573-5745
• Email: account.services@pcacontact.com
• Mail: Purpose Cash Advance
          Customer Service
          PO Box 105096
          Atlanta, GA 30348-5096

I am not happy with your service - What can I do?

We do everything we can to make sure our customers get quality service.
If you're not completely happy with our service, please call 1-800-573-5745 or mail a letter to our Customer Service team at: Purpose Customer Service, PO Box 105096, Atlanta, GA 30348-5096

UTAH Residents: If a problem cannot be resolved by speaking with us and the nature of the complaint is something other than a high rate of interest or a lack of funds to repay the loan, Utah residents may contact the Utah State Department of Financial Institutions at 1-801-538-8830.