How does a payday advance work?
Our business is short-term cash advances. We loan according to income and our decisions are based on the monthly deposits showing on your most recent bank statement. If your application is approved for your cash advances, we will transfer the money to your bank overnight and at your bank's discretion, it should be available the next banking day. See "Fees" and "Disclosures" for more information.

How do I know my payday loan has been approved?
Once your payday loan application has been completed, we will process your application and then notify you once your loan has been approved.

When will I get my cash advances?
Cash advances are approved at 4:00 p.m. P.S.T. The quicker you get your bank statement to us, the sooner we can give you a decision about your payday loan. See the chart below to determine when your cash advances will be available.

For Example:

Loan Decision Made ON    Day Available In Your Account       Monday    Tuesday       Tuesday    Wednesday       Wednesday    Thursday       Thursday    Friday       Friday    Monday       Saturday or Sunday    Tuesday

How do extensions work?
For your convenience, we have a payday loan extension program on your cash advances. For your first three extensions, we require that you pay the minimum finance charge. After 3 extensions for payday loan amounts under $500.00, we do require an additional payment of $50.00 toward the principal. For payday loan amounts over $500.00, we require $100.00 towards the principal balance, in addition to the finance charge. The payment we require you to make doubles for any loan over 27 days. Repetitive extensions on cash advances can put a customer in financial distress. We are committed to helping our payday loan customers and do not wish to take advantage of anyone.

All extension requests must be made by 4:00 p.m. Pacific Time on the business day prior to your scheduled due date. Requests made after the deadline will not be processed.

How many open cash advances can I have with DiscountAdvances.com?
At this time, we do not allow multiple cash advances on one account. Please remember it takes 4 banking days to process and clear your last payment when paying off your cash advances.

What is the minimum term for a payday loan?
Our fees are based on a minimum 14 day loan term. There is no penalty for paying your cash advance off early.

Can I get cash advances with bad credit?
Yes. We run a check of the Teletrack database, which is an information sharing service used by payday loan agencies, to see that you have no unpaid cash advances.

Do I need a fax machine?
In most cases, we do not require you to fax any documents to receive your payday loan. Instead, all of our payday loan application requirements can be filled out online.

Can I apply by phone?
Yes. For fast payday loan service, please call 1-800-446-8482 and one of our friendly customer service representatives will fill out an application for you.

If you have other questions, please contact us.