Loan By Phone FAQs

Loans by phone are a convenient and easily accessible short-term financial solution. You have loan by phone questions? Speedy Cash is here to provide you with answers.

Loan By Phone Basics

A: A loan by phone can be a payday or installment loan, depending on in which state you live, that is funding completely over the phone.
A: One of our phone representatives will guide you through the loan application process and you'll complete the entire application over the phone and receive an instant lending decision.
A: Loans by phone are available to residents of the following states: Alabama, Alaska, California, Hawaii, Idaho, Kansas, Louisiana, Missouri, Nevada, Oklahoma, Rhode Island, South Dakota, Texas, Utah, Washington, or Wyoming. Our installment loans by phone services are available to residents of Arizona, Illinois, New Mexico, and Wisconsin.

Loan By Phone Process

A: To apply for a loan by phone, give one of our friendly phone representatives a call at 1-888-222-1014.
A: If approved, you could receive your loan funds as soon as tomorrow.

Loan By Phone Requirements

A: To apply, you must have a steady source of income, an active checking account in your name, and provide your personal information including:
    • Home Address
    • Phone Number(s)
    • Work Address
    • Employment Information
    • Two References with Phone Numbers
    • Income Information

Loan By Phone Payments

A: For payday loans, the loan will be due in full on your net pay day. Installment loans are paid back over a longer period of time, typically over a specified number of months.
A: Financial hardships can hit, leaving you unable to make a loan payment. When this happens, most lenders will work with you. As soon as you suspect your payment is in jeopardy, contact your lender immediately. In most cases, they will be willing to make alternate payment arrangements.

Subject to state regulations, eligibility, credit check, underwriting and approval. Rates, terms and conditions apply. Installment title loans subject to minimum auto value requirements. See associate for details. Lending decisions and funding times subject to system limitations. Same day funding only available for Opt+ cardholders and in-store pickup. Minimum age to apply in Alabama is 19. 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. Customers with credit difficulties should seek consumer credit counseling.

In Texas, Speedy Cash operates as a Registered Credit Access Business (CAB). The actual Lender is an unaffiliated third party. Speedy Cash engages in the money transmission business as an authorized delegate of Western Union Financial Services, Inc. under Chapter 151 of the Texas Finance Code. Speedy Cash engages in the money transmission and/or currency exchange business as an authorized delegate of MoneyGram Payment Systems, Inc. and Western Union Financial Services under Chapter 151 of the Texas Finance Code.

In Ohio, SCIL, Inc. dba Speedy Cash, is a registered Ohio Credit Services Organization (CS.900174.000) operating pursuant to the Ohio Credit Services Organization Act. The actual lender is an unaffiliated third party.

CA: Licensed by the California Department of Business Oversight pursuant to the California Deferred Deposit Transaction Law. California loans other than deferred deposit loans are issued pursuant to the California Financing Law. Installment Title Loans subject to minimum auto value requirements.

Nevada: The use of check-cashing services, deferred deposit loan services, high-interest loan services or title loan services should be used for short-term financial needs only and not as a long-term financial solution. Customers with credit difficulties should seek credit counseling before entering into any loan transaction.

Tennessee: The State of Tennessee requires a minimum principal reduction. In order to comply with the minimum state-required principal reduction, Speedy Cash requires that minimum payments include a principal reduction of 2% or $2.50 for Customers who get paid bi-weekly/twice-a-month, or 4% or $5 for Customers who get paid monthly, whichever is greater.

Opt+: This card is issued by Axiom Bank or Metropolitan Commercial Bank, Member FDIC, pursuant to a license from Visa. Visa is a registered trademark of Visa USA Inc. All trademarks and service marks are property of their respective owners. ATM: Free withdrawals at any Speedy Cash or Rapid Cash location. Transaction fees will apply for all other ATMs. No charge loads/unloads at Speedy Cash and Rapid Cash locations only.

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