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Stout Fast Cash LoansOnce completed, the application is forwarded to the Stout Fast Cash Loans lender for review. If the applicant meets the minimum requirements they will be notified (typically via email) that they are approved. The payday lender determines the amount of the payday loan, usually between $100 and $500. The amount of the approved payday loan depends on several criteria, usually monthly income, direct deposit, length at residence and job, availability of bank statements and paycheck stubs, number of outstanding NSF's and other Stout Fast Cash Loans. Repeat customers with an online payday loans lender are more likely to receive larger loan amounts than first time applicants.Currently, fees charged on Stout Fast Cash Loans range from $15 to $30 on each $100 advanced. The cost of getting payday loans should be viewed as a service charge. According to market research, banks and merchants charge an average non-sufficient funds fee of $24 per check. Credit card companies impose an average late fee of $26, while auto finance companies charge $23. In contrast, the average finance charge on a Stout Fast Cash Loans is about $18 per $100 borrowed.Many Stout Fast Cash Loans lenders now offer fax-less loans. Applicants begin the applications process by filling out and digitally signing an online application. Once submitted, the application is reviewed and you will be notified by phone or email regarding your status. If your Stout Fast Cash Loans loan is approved, you will receive the funds the next business day. Loans are typically approved within an hour and there are no documents to fax. |
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