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Getting a Check Into Cash cash advance or payday loan is such a simple and easy process, why is there so much information in the Customer Agreement?

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Getting a Check Into Cash cash advance or payday loan is such a simple and easy process, why is there so much information in the Customer Agreement?

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The Agreement you read and sign prior to receiving a cash advance or payday loan is a contract that complies with all applicable state or federal disclosure requirements. It fully outlines the terms of the cash advance or payday loan transaction, including the cost of the service fee both as a dollar amount and as an annual percentage rate (APR). Although a cash advance or payday loan is a short-term financial solution and is not intended as a long-term source of credit, we provide you with the APR in the interest of full disclosure. We want to provide you with all the information you need to make an informed financial decision.

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