Introducing Instant Funding to Debit Cards

Security Center

At Speedy Cash, the privacy and security of your personal and financial information is our top priority. Since our doors first opened in 1997, we have been continually innovating and implementing advanced technologies and techniques to ensure the safety and privacy of your information. We deeply value the trust you place in us and we are committed to providing you a safe and secure loan experience regardless of the method you decide to use to apply for credit with us.

The Speedy Cash Security Center provides you with resources to help you maintain your security. As they say, knowledge is power. Look around and learn how you can safeguard your money and your identity. As always, we are here for you! Give us a call if we can answer any questions, or if you want to confirm anything related to your application, account or loan.

Debt-Collections Scams

Updated April, 2016

Unidentified organizations have been sending illegal, fraudulent debt-collections communications falsely claiming to represent lenders such as Speedy Cash. These communications have been made in the form of calls and email, and are not being sent by Speedy Cash or any of our affiliates.

Warning Signs for Debt-Collection Calls

  • The caller has a thick foreign accent, is overly aggressive or rude
  • The caller threatens violence, or criminal or legal action
  • The call comes from an overseas telephone number
  • The caller demands immediate payment and creates a sense of urgency to repay
  • The caller refuses to provide you with pertinent information regarding the alleged debt

Warning Signs for Debt-Collection Emails & Other Communication Forms

  • The message comes from a personal email account, such as Gmail, AOL or Outlook
  • The email domain does not include "Speedy Cash", "Speedy Inc", or "Rapid Cash"
  • The message contains fictitious case numbers and outstanding amounts
  • The message threatens criminal or legal action
  • The message threatens to email/fax information to your current employer or references
  • The message threatens to confiscate all your salary and/or wages
  • The message demands immediate payment and creates a sense of urgency to repay

Warning Signs for Debt-Collection Emails & Other Communication Forms

  • Report to your local authorities
  • File a complaint at www.IC3.gov

Loan Scams

Updated December, 2015

An entity or individual has been falsely claiming to represent Speedy Cash, and has been asking consumers to load money onto a prepaid card, purchase money orders, or send funds using MoneyGram or Western Union in order to obtain a loan. This fraudster has told consumers that they need to prepay a “fee” such as an application fee or an administrative fee, or “taxes” for a loan. Additionally, this fraudster has been using the Speedy Cash name, logo and mailing address. Speedy Cash does not require any money to be loaded onto a prepaid card in order to obtain a loan. Speedy Cash does not require the prepayment of any amount as a condition of considering a loan application or the granting of a loan.

Warning Signs

  • The fraudster asks for payment in advance, typically claiming that a "fee" or "taxes" must be prepaid
  • The fraudster requires funds to be loaded onto a prepaid card, requires the purchase of money orders, or requires funds to be sent via MoneyGram or Western Union
  • The fraudster may send you loan documents when you have not applied for a loan, or unsolicited emails

Speedy Cash Fraud Department

Phone: 1-877-336-9392

Email: AccountReview@SpeedyInc.com

Account Verification

Don't give out personal, sensitive or payment information if the person contacting you cannot confirm the details of your loan.

Suspicious Activity

If you receive a suspicious call, letter or email claiming to be Speedy Cash, contact us directly to verify authenticity at 1-877-336-9392.

Prepayment

Do not forward a payment or load funds onto a prepaid card in order to receive a loan.

Additional Resources

In this article, the Federal Trade Commission provides answers to debt collections questions that will help you understand your rights under the Fair Debt Collection Practices Act.

In this article, the American Collectors Association outlines the code of ethics and code of operations that members like Speedy Cash abide by.

In this article, the Federal Trade Commission provides additional key indicators to help you identify if a debt collector is fake.

If you are a victim of identity theft, you can get a free, personalized identity theft recovery plan at IdentityTheft.gov.

Product types and maximum loan amounts vary by market. Subject to state regulations, eligibility, credit check, underwriting and approval. Rates, terms and conditions apply. Title loans subject to minimum auto value requirements. See associate for details. Lending decisions and funding times subject to system limitations. Some applications may require additional verification, which can delay the lending decision.

Instant funding to a debit card is only available for online loans. Instant funding is not applicable for all debit cards and is not available in New Mexico, Ohio or South Carolina. Subject to system limitations. Some restrictions may apply.

Cash advances only available up to approved credit limit; some restrictions may apply.

NOTICE: The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age (provided the applicant has the capacity to enter into a binding contract); because all or part of the applicant's income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The Federal agency that administers compliance with this law concerning this creditor is the Consumer Financial Protection Bureau, 1700 G Street NW, Washington DC 20006 and the Federal Trade Commission, Equal Credit Opportunity, Washington DC 20580.

Alabama: Minimum age to apply in Alabama is 19.

California: Speedy Cash is 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. Speedy Cash offers payday loans up to $255 and installment loans starting at $2,600.

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.

New Mexico: Speedy Cash is licensed and regulated by the New Mexico Regulation and Licensing Department, Financial Institutions Division, P.O. Box 25101, 2550 Cerrillos Road, Santa Fe, New Mexico 87504. To report any unresolved problems or complaints, contact the division by telephone at (505) 476-4885 or visit the website http://www.rld.state.nm.us/financialinstitutions/.

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.

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 and/or currency exchange business as an authorized delegate of MoneyGram Payment Systems, Inc. under Chapter 151 of the Texas Finance Code. If you have a complaint, first contact MoneyGram Payment Systems, Inc. at 1-800-MONEYGRAM. If you still have an unresolved complaint regarding the company’s money transmission or currency exchange activity, please direct your complaint to the Texas Department of Banking: 2601 North Lamar Boulevard, Austin, TX 78705-4294, 1-877-276-5554 (toll free), www.dob.texas.gov.

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: No fee 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.

Google Play is a trademark of Google Inc. Apple and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc. Data rates may apply.

Customer Notice:
There are a wide variety of loan products available in the marketplace, so your choice of lending products should match your financial needs. Small-dollar loans used over a long period of time can be expensive.