Money Mart Cash Advance

Rent-A-Center Financial Services Cash Advance, Signature Loan, Check Cashing FAQ

Why We're Different
Fast cash. Friendly faces. First-class attention. Involved in the Community.
It happens to all of us: You need extra cash right now. But, most cash advance companies require a checking account - and you don't have one.
With Signature Loans, you have instant access to the cash you need for life's emergencies. No Checking Account? No Problem! An ID, address, source of income and a few references are all you need.
Community Relations
And we're different because we support causes like the RAC Scholarship and Big Brothers/Big Sisters of America.
Make A Difference Scholarship
As part of the Rent-A-Center family, Rent-A-Center Financial Services proudly supports the Rent-A-Center Make A Difference Scholarship program. Rent-A-Center's Make A Difference Scholarship annually gives $50,000 to undergraduate students. Our hope is to enrich their lives through education. We award $1,000 scholarships to 50 qualified applicants who are our customers, their children and our employees' children. Between December 1 and January 31, click here to access the application.
 
Frequently Asked Questions
Answers to commonly asked questions
What does it take to get a loan?
Current ID, Proof of Income, Current Phone bill, If you have a checking acct you will need a bank statement.
What are your check cashing fees?
Depending on the check it varies from 1% to 5%.
How long does the loan process take?
It only takes a few minutes to get your application verified.
Once I am set up do I need to bring my items each and every time?
No, all you will need is your ID and your checkbook for a Payday loan. For a Signature loan, all you need is your ID.
If you are getting a new loan, you may need updated information such as a new paystub, income verification or bank statement. For a Signature loan, a new paystub or income verification.
What do I need for a loan?
Proof of income, valid government issued ID, phone bill, and bank statement if you have checking account
Why do you need this information?
To protect you, to make sure you have the income to afford the loan and to make sure someone else is not trying to use your information. It is also a means to verify your information such as residence, bank account, and your name.
Will you call my references?
Yes, we call the references, but we never reveal any information regarding you.
How do you decide my loan limits?
Your loan limits are based off of your income. Loans cannot exceed 25% of your net income.
Do you report loans to my credit?
We do not report to credit agencies; however you can use us as a reference if you wish.
Will you share my personal information?
We do not share personal information. Your information is kept in locked filing cabinets and any copies or receipts that may print will be shredded if you do not take them
 
Rent-A-Center Financial Services Credit Tips
Important tips about your credit
Your credit rating is a determining factor in the rate and term of any consumer loan that you may seek. Your own personal rating is based on your past financial history. Do you pay your bills on time? Have you ever defaulted on a loan? How much of an outstanding balance do you have on credit cards? All of these factors and more can affect your credit rating.

1. Finding out your credit rating.
The first place to start is by determining your current credit rating. There are three primary agencies that report on and track credit ratings. You can obtain a copy of your credit report by writing or calling these organizations.

Equifax Credit Information Services, Inc.
P.O. Box 740241
Atlanta, GA 30374-0241
1-800-685-1111
(To report a fraud on your credit report call: 1-888-766-0008)

Experian National Consumer Assistance Center
P.O. Box 949
Allen, TX 75013-0949
1-888-397-3742

Trans Union Consumer Relations
P.O. Box 1000
Chester, PA 19022
1-800-916-8800

2. Review your credit report for errors.
Review your credit report for errors. Do you see something on your credit report that looks inaccurate? Errors and inaccuracies can be challenged by filing a written request to the credit agency reporting the erroneous information and by also contacting the company claiming the debt. The credit agency will then contact you to review your case. If you have anything that supports your claim, it always helps to file copies of supporting documentation along with an Avadavit. Never send your original documents, always retain them for your records.

3. Improving your credit
The best way to improve your credit is by making timely payments on existing loans and obligations. It is also important not to over extend yourself by running up credit card debt that is greater than your ability to repay. Negative events in your financial history stay on your credit report for approximately seven years. Improving your credit requires establishing a bank account (maintaining a positive balance) and then making timely and regular payments on your financial obligations. These obligations can be a new or existing credit card, a utility bill, or a car payment.

4. Using a secured credit card to improve credit
Sometimes your credit situation prevents you from qualifying for a regular credit card. In this case there is a special type of credit card designed for people trying to improve or repair their credit. These cards are referred to as "secured credit cards". They require putting down a deposit that functions as type of pre-payment and reduces the risk to the financial institution that you will default on your debt.
 


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