Installment loans provided by Target Cash Now are required when you need some money right now but there is no possibility to get it from friends or family, like unexpected expenses which you must cover on the spot.
Like every lender, this one features advantages and disadvantages, and it is crucial to be aware of the main conditions before choosing the service.
Ways to Apply
The process of application is rather easy as it includes just filling in an application form online.
In this form, you are to provide your personal data, address, employment information, and information about the bank account from which the payday loans will be covered.
While the company pleads that the rules for being qualified for credit are extremely loyal, it is still required to be at least 18 years old, currently employed, a citizen of the USA, have a gross income of minimum $1,000 and not to be a military man.
How Much to Ask For
If you decide to choose a loan provider, it is important to state that the rates here are rather high, and even a small loan can significantly hit your budget as you might need to pay out four times more than you’ve borrowed.
Another drawback is the limitation of the sum which you are able to ask for: it is $1,200 for new applicants and $2,500 for those who have already been approved once.
However, the thing most of the negative reviews are about is the interest rate which is huge.
There is something to justify the lender as it directly mentions on the site that the loans are expensive and are welcomed to be paid in shorter terms as it would decrease the expenditures of the borrower.
In addition, there is no fine or fee for paying out in shorter terms, so if it is really impossible to do without Target Cash Now services, it is better to think at once how to get the amount of money necessary to close the loan.
Another advantage about paying out the loans by the company is a possibility to get a 5-day courtesy extension which is available once per credit and causes no additional payments.
Reliability of the Lender
Despite the high cost of loans, Target Cash Now is not a scam, they do not hide any additional fees and make you aware of what you will have to pay out.
The only case when it is better to contact their Customer Service is when you want to pay out earlier to avoid further additional billing.
It is also safe to provide your personal information as the data is well protected by contemporary coding systems.
Target Cash Now is a legit small loans provider which doesn’t refuse those who have a bad credit history or no credits at all and encourages early payoff.
As for its disadvantages, the rates are rather high, the customer support workers are not always polite and the record will anyway appear in your credit history.
Thus, it depends on each individual case, whether it is worth borrowing from the lender or not.
Don't waste your time. Request a loan online.
$1,000 loan amount over a 12-month term would have a total cost, including interest rate, a total payment amount of $1,134.72. APR 29.82%. Fee 3.00%. Fee Cost $30. Repayment $94.56. Rates between 5.99% APR and 35.99% APR. Loan term lengths from 3 to 36 months for qualified consumers.
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