HOW A CASH ADVANCE WORKS
At Instant Cash and Access 2 Cash, we strive to make your payday loan as quick and easy as possible. Applying for a cash advance is simple and can be done in person at any of our 16 Michigan locations.
For first time customers, the application process takes about 15 minutes, even less for existing customers, during which we will review the terms and conditions of your payday advance.
Pay Day Loan Requirements
A new client must have:
- Open and active personal checking account for 1-month minimum
- Full-time employment for at least 2 months minimum or permanent government issued income
- Valid Michigan drivers license or state issued ID card
- Social Security Card or legal document verifying Social Security Number
- Most recent paystub or proof of current income showing current employment
- Most recent 30-day bank statement with name and at least the last 4 digits of the account number.
Visit our Frequently Asked Questions for more inquiries.
How Much Money Can I Qualify For?
The amount of your cash advance is based on your monthly take home income. We can provide payday loans up to $600.00.
Getting Your Cash Advance
Upon qualification, you will write us a check for the advance amount, plus fees, and we will hold that check until your determined due date, up to a maximum of 31 days based on your payday.
Repaying Your Cash Advance
You are obligated to come in and paid in full on or before your due date to repay your cash advance. All payday loans must be repaid with either cash, cashiers check or money order. Upon payment, we will return your original check to you.
Instant Cash and Access 2 Cash want you to be treated fairly throughout the entire payday advance process. All stores are licensed in the State of Michigan. Additionally, as a member of the CFSA we abide by responsible industry practices that ensure customers understand the cost and risk of short-term payday advances to facilitate the best financial decisions. Should you have any questions, complaints, or concerns, please contact us toll-free at 855-252-4244. The Community Financial Services Association of America (CFSA) was established in 1999 as the national organization for small dollar, short-term lending or payday advances. The CFSA works to promote laws and regulations that balance strong consumer protections while preserving access to short-term credit for millions of Americans. A single payday advance is typically for two to four weeks. However, borrowers often use these loans over a period of months, which can be expensive. Payday advances are not recommended as long-term financial solutions.