What is a Personal Loan?

A personal loan is a short-term cash loan that is intended to cover unexpected expenses until the person borrowing the money has their next payday. Usually, personal loans are between $100 and $1500, and are on a 2 week loan term (or until the borrower has their next payday).

The terms personal loan, cash advance, and payday loan are used interchangeably to mean a way to bridge your cash needs between paydays without having to go through a long and invasive credit check. A personal loan can give you the money you need to cover financial emergencies, unexpected bills and other costs you cannot plan for, until you receive your next paycheck. The term for personal loans, cash advances, and payday loans is usually two weeks, or until your next pay day.

Usually the borrower fills out the personal loan application over the phone at 1-866-392-2274 or online, and once the personal loan is approved, the money is deposited directly to their checking account, usually overnight. This saves the borrower the hassle of driving to the store to pick up their money, and also saves them money on gas. MyCashNow will automatically withdraw the money to pay back the unsecured personal loan on the payback date they requested when they filled out the personal loan application.

MyCashNow.com does not require an inconvenient credit check, to be approved for your fast cash personal loan. We loan to people from a wide range of credit scores, and base the amount of money you will qualify for off of your monthly income or monthly fixed income deposits. We also specialize in personal no fax payday loans for those customers who qualify. This means that most customers will not have to fax documents like a bank statement or voided check in order to be approved for a loan. Therefore, in most cases, we will get your personal loan approved and in your bank account overnight.

MyCashNow gives you the ability to securely manage your personal loan account online, in the privacy of your own home. You can apply for a personal loan extension, change your password, view your fast cash personal loan history, and do other account management tasks, all from your personal computer. We use a variety of internal and external security measures like encryption, secure rooms, and password protection, to make sure your personal information is kept safe and secure at all times.

Online Personal Loan Referral Program

MyCashNow not only wants to be your personal loan lender of choice, but we want to be there for your friends and family members as well. With the MyCashNow Referral Program we give you cash back for telling your friends and family members about us. It is really easy to do as well! Simply log into your account at MyCashNow, click on the “Referrals” button, enter your friends’ and family members’ names and email addresses, and MyCashNow will do the rest. If your friends or family members apply for and are approved for a loan, you will get $100 for each approval. We have the best referral program in the business, so why not start taking advantage of it today?

Low Personal Loan Fees

At MyCashNow.com, we enjoy bringing you one of the lowest personal loan rates in the business. Whether you are using the cash for bills, debt consolidation, emergency expenses, or leisure activities; you can rest assured that at $9.31 per $100 (APR) loaned, you are getting one of the most competitive online personal loan rates available.

Please visit our Fees and Terms page and see for yourself just how affordable a personal loan from MyCashNow.com can be for our customers. And remember, new customers get their first personal loan for 50% off the initial finance charge!

Further Questions about personal loans?

Please call our customer service representatives at 1-866-398-2274 or visit our FAQ page for more information on personal loans and MyCashNow.com.

Personal loans are a convenient, fast, and hassle-free way to get you the money you need, no matter how far away your next payday. Please call us at 1-866-392-2274 or go online to find out for yourself just how easy getting a personal loan from MyCashNow.com can be!

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