2010 Report

---

CashCentral.com

Getting a payday loan with Cash Central was very fast, easy and smooth. I was able to fill out their relatively short application (compared to some other payday loan operations) and get my money deposited the next business day. However, I did have to call in so they could verify I am who I say I am. This is one area Cash Central really stood out: they take identity theft and fraud seriously. They take every measure to make sure your payday loan gets to the right person (you!).

Cash Central offers payday loans in 23 states. Due to each state's loan regulations, payday loans are not always available in every state. This shouldn't be viewed as a mark against Cash Central, they're just playing by the rules set by each state.

Overall, a Cash Central payday loan was easy and affordable. I felt very secure giving them my information over the web and over the phone. Their staff was very polite and professional.

---

CashCentral QuickFacts

• Loans starting at $100
  (up to $1000 for some states)
• Bad Credit: OK
• Quick loan approval
• No Faxing required for most states
• Better Business Bureau: satisfactory record
• Thwate secured site
• Site uses (SSL) security encryption
• CFSA member
• State licensed
• In business since June 2005
• 
• 

---

Requirements for a CashCentral Loan

1. You must have been employed for at least 3 months or more.
2. You take home a minimum of $1,000 monthly (after taxes).
3. A valid checking account in your name.
4. Valid home and work phone numbers.
5. U.S. Citizen
6. Over 18 years old

---

CashCentral Security

Cash Central uses SSL encryption – uses a Secure Socket Layer (SSL) to transmit personal data to you and your bank (any time you see a URL that starts with https: you know that page is protected by SSL encryption). Learn more about best security practices.

---

The CashCentral Application Process

1. Fill out the basic application info (Social Security number, birthday, work and home numbers, etc.)
2. Next, you'll need to provide information on your income as well as a few personal references just in case they need to verify who you are (but they rarely need to call anyone).
3. Provide your checking account number and routing number so they can deposit your loan directly to your account.
4. Sign the online application.
5. I was instantly approved for $255 (max amount available for California) or less.
6. Select the date you wish to pay back your loan (up to 2 weeks only for most states)
7. Verify and sign your final agreement.
8. The application and verification is then complete. The amount you borrowed, how much you borrowed, and when you need to pay it back is all displayed. You can print it out for your records.
9. Wait for final approval from Cash Central, which can take up to 24 hours, but is usually faster.
10. The full amount ($255) was deposited to my account within 24 hours and a reminder email was sent to confirm when I was scheduled to pay it back.

---

When Can I Get My Money?

Cash Central can process and have your payday loan deposited straight to your checking account by the next business day.

---

How Much Does it Cost?

Interest rates vary by state and from the length of your loan. Here's a general idea of what you can expect to pay in interest from a Cash Central payday loan (Cash Central also displays their license to do business in each state to let you know they're completely legitimate).

---

How Much Can I Borrow?

Payday loans vary from state to state. Here's a breakdown of what Cash Central offers.

Min-Max Loan Amounts by State:
Alabama: $100-$500
Alaska: $100-$500
Arizona: $100-$500
California: $100-$255
Colorado: $100-$500
Delaware: $100-$500
Hawaii: $100-$500
Idaho: $100-$1000
Kansas: $100-$500
Louisiana: $100-$1000
Maryland: $100-$1000
Minnesota: $100-$350
Missouri: $100-$500
Montana: $100-$300
Nevada: $100-$1000
North Dakota: $100-$500
Rhode Island: $100-$1000
South Dakota: $100-$500
Texas: $100-$1000
Utah: $100-$1000
Washington: $100-$700
Wisconsin: $100-$1000
Wyoming: $100-$300


States not Served by CashCentral:
Arkansas
Connecticut
Florida
Georgia
Illinois
Indiana
Iowa
Kentucky
Maine
Massachusetts
Michigan
Mississippi
Nebraska
New Hampshire
New Jersey
New Mexico
New York
North Carolina
Ohio
Oklahoma
Oregon
Pennsylvania
South Carolina
Tennessee
Vermont
Virginia
West Virginia

---

Conclusion

Even though Cash Central only offers payday loans in 23 states, they still make the top of my list this year for professional and secure transactions. Their site and process is modern and up to date using current best practices and regulations.

They didn't need to call my employer, and I didn't need to fax them anything. They did require me to call in and verify some information, but I'd rather put up with a slight inconvenience than not get my loan – or worse, having someone try to get a fraudulent payday loan in my name.

They give the option to payback early or to wait until your scheduled pay date when funds will be automatically withdrawn from your account.

Overall, I was very pleased with Cash Central's payday loan process. Very easy, very professional, and competitive rates.