Payday Loans - How it Works

We understand how emergencies come up when your payday is too far away and you need a fast cash advance.. We are here to help, so let National Cash Credit help. We know how to get you the money you need very fast! You'll pay the money back when your next paycheck comes. While National Csah Credit is not a lender, we have a network of certified lenders and with a simple and EASY Payday Loan Application we can connect you with one of these lenders. We take all the hassle out of it for you by searching our vast network of lenders to find you the best deal!

When you're connected with a lender, the lender will contact you to complete the process, review the terms of your loan and discuss repayment and extension options. The money will be electronically deposited into your bank account. When the loan is due, your cash advance fees are automatically deducted from your bank account by the lender.

It could not be simpler and you can be assured that all lenders in our network of lenders will disclose all terms of the loan with you and you'll know exactly what your loan will cost you and exactly when your loan will need to be repaid. Most importantly, there are no hidden fees and all lenders are fast and friendly.

Most lenders in our network offer NO FAX cash advances payday loans that you can apply for from the comfort of your own home. Again, we search our network of lenders to find the right No Fax payday loan for you with one quick and easy application.

Disclaimer

NationalCashCredit.com IS NOT A LENDER, NationalCashCredit.com does not broker loans to lenders and does not make short term cash loans or credit decisions. NationalCashCredit.com is not offering or soliciting to lend. NationalCashCredit.com will only submit the information that you provide to a lender. NationalCashCredit.com DOES NOT guarantee that you will be approved for a short-term cash loan. NationalCashCredit.com is not an agent, representative or broker of any lender. NationalCashCredit.com does not endorse or charge you for any service or product. Only some lenders can provide up to $1,500. Cash transfer times may vary and may depend on your financial institution. Lenders may require some additional information via fax. Our service is available in all states, however, not all lenders loan in all states. NationalCashCredit.com reserves the right to change states serviced by this site without notice from time to time. For ALL details, questions or concerns regarding your short-term cash loan, please contact your lender directly. Short-term cash loans are designed to provide you with short term financing to solve immediate cash needs. They should not be considered by you to be a long-term solution. Residents of some states may not be eligible for short-term cash loans based upon lender requirements.

Lenders usually will not perform credit checks with the three credit reporting bureaus: Experian, Equifax, or Trans Union; however, credit checks or consumer reports through alternative providers may be obtained by some lenders.

Implications of late payment

As previously disclosed, Green Leaf Loan Group IS NOT A LENDER but instead submits your information to lenders in an attempt to connect borrowers with the finest lenders available at the time the borrower applies. We attempt to submit your information only to lenders that suit your particular situation and needs. Lenders within our network deduct the payments from the borrowers account when it is due, as arranged and agreed to when the money is borrowed. Most lenders allow the borrower to extend the loan by going online to their website and applying for the extension prior to the scheduled repayment date. Therefore, the borrower would have no opportunity to pay the scheduled payment late.

If, by some means, you don’t make a payment on time your lender will attempt to contact you via one or more authorized methods, including phone calls, emails, and text messages to arrange for payment. All of the lenders collections methods will be in accordance with the principles of the Federal Debt Collections Protection Act (FDCPA). In addition, we may re-present any returned payments to your bank in accordance with applicable law and regulatory requirements. If we are unable to reach you or we are unable to collect against your debt we may place or sell your debt with third party collection agencies. However, we only contract with collection agencies that agree to follow the FDCPA. Furthermore, since we may report loan payments to one or more credit bureaus, late or non-payment of your debt may impact your credit rating. As noted above, late fees and non-sufficient funds/returned item fees may apply as described in your loan agreement.

Implications of non-payment

In most cases, when a loan is given, the borrower agrees to either extend the loan prior to the repayment date or allow the lender to deduct the repayment and fees from the borrowers' bank account on the scheduled repayment date. The only way there can be a non-payment if for the funds to NOT be in the account when the draft for repayment is attempted. If that is the case then the borrower will have agreed to the implications of non-payment within the loan documents that were signed. Most lenders add a NSF fee and an extension of payment fee and schedule the repayment to occur on the borrowers next pay date. While the borrower agreed to the terms of non-payment within the loan documents executed with their specific lender, most loan documents authorize for anything from lenders contacting the borrower and setting up of repayment plans to other collection means. Upon failure to contact the borrower and unsatisfactory repayment the borrower will typically have agreed to allow the lender to place the borrower into collections and report the non-payment to credit tracking agencies.

If you don’t make a payment your lender will attempt to contact you via one or more authorized methods, including phone calls, emails, and text messages to arrange for payment. All of the lenders collections methods will be in accordance with the principles of the Federal Debt Collections Protection Act (FDCPA). In addition, the lender may re-present any returned payments to your bank in accordance with applicable law and regulatory requirements. If your lender is unable to reach you or is unable to collect against their debt they may place or sell your debt with third party collection agencies. However, lenders only contract with collection agencies that agree to follow the FDCPA. Furthermore, since lenders may report loan payments to one or more credit bureaus, late or non-payment of your debt may impact your credit rating. As noted above, late fees and non-sufficient funds/returned item fees may apply as described in your loan agreement.

Code of Practice/Policy on responsible lending

As a responsible party that attempts to connect borrowers with lenders, we commit to you that we will only work with lenders whose loan products abide by all applicable laws and who strive for the utmost level of transparency and fairness.

Not for all financial needs: The lenders we work with provide short-term loans that are designed to help with your immediate cash needs. These loans will not solve your long-term needs and refinancing will result in additional charges. We encourage you to (1) borrow only what you need and can repay and (2) shop the marketplace until you are convinced that you have found the best possible solution. You are encouraged to consult a consumer credit counseling service for other options.

Right of Rescission: If you change your mind about the loan, you may rescind your loan at no charge as long as you return the loan proceeds within the number of days specified within your loan agreement.

Disclosure of fees including the APR (annual percentage rate)

Transparency of costs for your loan: The cost of credit will be clearly disclosed to you in terms of the dollar amount of interest and the APR according to the principles of federal truth in lending law and regulations. For details on the specific costs of your loan, please see the Loan Cost and Terms and your loan agreement as provided by the lender you are connected with. Late fees and non-sufficient funds/returned item fees may apply as described in your loan agreement as provided by your specific lender. Since Green Leaf Loan Group is not a lender, we will never charge you any "fees" and further any lender you are connected with will never charge you any "hidden fees" that are not fully disclosed in the loan agreement or the Loan Cost and Terms.

Disclosure of renewal policy

Responsible Renewals and Refinancing Options: As requested, you may receive a payday loan, 1 hour loan, installment loan or line of credit. Each loan and/or lender comes with its own set of rules regarding repayment and renewal options. Read your loan documents before signing and/or speak with the individual lender regarding any and all available repayment options. Most lenders will allow you to pay the loan off according to the terms of the loan agreement or pay it off early to save finance charges. Since Green Leaf Loan Group is not the lender we do not offer renewals or refinances of loans. When repaying your loan with your lender, if it is an installment loan or you extend the loan, we strongly encourage you make principal reduction payments and/or early payments to reduce your overall finance charges.

Contact information/physical address

Green Leaf Loan Group has provided an email address, phone number and physical address on our Contact Us page and each of the lenders we work with will provide their own contact information on their individual website.

Compliance with state or local regulations related to short-term loans

Compliance with Laws: Some lenders we work with are Indian tribes and these tribes abide by applicable tribal lending laws as well as applicable federal lending laws when the federal laws do not conflict with tribal laws while other lenders are non-tribes which abide strictly by applicable federal lending laws. These laws include but are not limited to: