Frequently Asked Questions of
WESTSHORECASHLOANS.COM
What is a payday loan?
A payday loan is the temporary advance of money to help you meet your short-term
financial needs. Typically, the loan is repaid on your next payday. With an approved
loan obtained through the westshorecashloan.com website, funds are electronically
deposited into your bank account; and payments are usually withdrawn from your bank
account by electronic debit.
Why do people choose a payday loan?
Millions of American consumers with steady incomes find that payday loans are the
perfect solution to their short-term financial needs. Sometimes consumers find themselves
short on cash and can�t wait until their next payday. A payday loan provides quick
access to the money they need.
How do I qualify for a payday loan?
In order to qualify, you need the following:
- Valid checking account
- Proof of steady income
- An active phone number
- Valid government issued photo ID
- You must be 18 years or older
Does it matter if I live outside of the state of California?
No. Anyone who qualifies for a loan through Westshore Cash can use our services
regardless of your state of residency. However, Westshore Cash is governed by the
Deferred Deposit Transaction Law guidelines set forth by the California Department
of Corporations and abides by those for all loans.
What if I have poor credit?
Poor credit will not impact the approval of your loan. WE DO NOT DO CREDIT CHECKS.
We utilize risk assessment tools that review customer payment histories with similar
products and verify the accuracy of information on your application. In addition,
we review certain credit report information to determine credit worthiness. Not
to worry, payday loans are designed to help customers with poor credit gain access
to short-term credit.
How long does it take to get approved?
Depending on what time of day you apply and how quickly you complete the application
process, you can be approved within minutes. However, keep in mind that we are open
from 9 am to 6 pm PST Monday through Friday.
When will I receive my loan?
Your application will begin processing immediately after it has been received. When
approved, you will generally receive your loan on the next business day. We believe
in guiding our customers at every step and once you receive the loan, we will help
you to schedule you repayment dates so that you won�t have to worry about bounced
checks or missed deadlines.
How much can I receive?
Your first Westshore Cash loan is based upon the information you provide in your
membership application. After successful repayment of your payday loan, we may increase
your loan amount on any future Westshore Cash loans.
How do I know that my loan has been approved?
You will receive an email notification once your loan has been approved. Westshore
Cash reserves the right to make adjustments to your loan approval until the time
you receive the funds in your bank account based on new information regarding your
loan application.
What are my repayment options?
Your loan through Westshore Cash has to be paid in full on the mutually agreed upon
due date set forth in the loan contract. Once the loan payment has cleared our financial
institution, you are welcome to get another loan.
What if I cannot pay my loan on the scheduled due date?
If you are not able to meet the contractual obligation date to repay the loan, you
may contact our team of client support staff to discuss your situation and at that
time we may be able to arrange an alternative due date. All decisions are made on
a case-by-case basis and Westshore Cash reserves the right to deny any client request
as this is only a service to help a client in extreme circumstances.
What happens if I do not make a payment on my due date?
If your payment is returned by your bank, then our collections department will contact
you to arrange a second attempt to debit the payment. A $15 NSF fee will also be
collected with the next debit.
Is my loan secure and kept confidential?
Every payday loan is completely confidential and protected under our
Privacy Policy
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