Check Into Cash

Check Into Cash: loans and financial services in stores and online

Check Into Cash is an American financial services company that presents itself as "Your One Stop Money Shop." Its activity combines short- and medium-term lending with a range of money services available both online and at its physical locations. The company operates more than 200 locations across 15 states and offers the option to start an application online or visit a nearby store.

Credit products

Check Into Cash's loan catalog is organized into four main types:

• Payday loans: short-term loans designed to cover small, unexpected expenses, repaid on the applicant's next pay date.
• Installment loans: larger amounts, with longer terms and lower payments, repaid in several installments.
• Title loans: the customer uses the clean title of their vehicle as collateral to obtain cash; the title is returned upon final payment of the loan.
• Flex Line of Credit: allows you to borrow as much and as often as you like within an established credit limit.

The availability of each product depends on the state, as the company operates under the corresponding state regulations. The website allows you to check available loans by entering your ZIP code or selecting your state on the rates and terms page.

Store services

In addition to loans, Check Into Cash branches offer complementary financial services:

• Check cashing: the company states that it cashes more checks, even some that others won't accept.
• Western Union money transfers: sending funds internationally.
• Tax preparation: assistance with tax filing.
• Green Dot Visa Debit Card: opening a checking account with access to everyday banking, bill pay, and the ability to get your pay up to two days early.
• Bill Pay: allows you to pay multiple monthly bills in one place using cash.
• Money orders: purchase money orders with cash at participating store locations.
• Gift card purchases: the company buys new and used gift cards from most major retailers.

How the application works

The process described by the company consists of three steps: an easy application that can be completed online or in store and allows you to be approved in just a few minutes; cash disbursement, which can be collected at the store itself once the loan is approved; and subsequent repayment according to the agreed payment schedule, with the corresponding fees. The company notes that to receive a loan you must meet the applicable creditworthiness criteria, pass eligibility verification in the state database, and not be an active member of the armed forces or their spouse or dependent.

Presence and customer service

Check Into Cash has more than 200 stores in 15 states. The company has a store locator on its website to find the nearest branch by entering your ZIP code. For inquiries, it offers a customer service phone number. It also publishes articles on personal finance on its blog, such as tips for money management or summer home maintenance.

Terms and legal notices

The company warns that loan products are subject to state regulations, credit verification, underwriting, and approval, and that funded amounts may vary by state, store, product, or ability-to-repay analysis. Non-credit services have their own rules, restrictions, and fees. As for the Green Dot card, requirements include being of legal age, identity verification, and a phone number, among other requirements, and specific terms apply for overdraft protection and early access to pay. The company also includes a customer notice stating that various financial products exist in the market and that small loans used over extended periods can be costly.