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Brutus Payday Cash Advance

When the fax is received the lender will verify the information is correct and administrate the loan. Most Brutus Payday Cash Advance lenders will electronically deposit the loan amount in the applicant's checking account overnight, depending on the time of day the loan application was received and approved. Brutus Payday Cash Advance lenders typically do not process loans on weekends.

Currently, fees charged on Brutus Payday Cash Advance 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 Brutus Payday Cash Advance is about $18 per $100 borrowed.

The Brutus Payday Cash Advance application process can also be a significant time saver. In-store applications must be handwritten, and completed entirely in the store. If an applicant does not have all the required information and paperwork they are unable to complete the application and the loan cannot be processed. Brutus Payday Cash Advance applicants may pause while filling out the application form and take time to locate the required information.

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