It is always confusing how to apply for a payday loan purely based online and who can apply for it. Technology is so fast nowadays that application checks can be completed in real-time online, meaning companies can see whether customers fit the relevant criteria. Cash Genie makes sure that it is easy and convenient for customers to apply online. If customers want a short-term loan, then a few criteria must be met to qualify. But customers should not be alarmed, most applications meet the basic criteria:
Customers must be 18 or over
Earn at least £500 per month
Be a UK resident
Have a current bank account with a debit card
Cash Genie welcome homeowners, council tenants, private tenants, housing association tenants or people living with parents. The company also does not undertake a full credit check on customers, however does help people with good or bad credit history. This makes processing the loan much faster, to have the cash in customers banks almost instantly. Taking a loan with Cash Genie can boost customers credit rating if the short-term loan is paid back on time, if not then a customers credit rating may fall.
Cash Genie takes the responsibility to not lend to people who can not pay it back. This is all for customer wellbeing and safety as the company does not want its clients to get into debt. It is in their best interest to make sure customers can pay the loan back to ensure a good relationship is maintained the payment is received on customers paydays. However customers are urged not to borrow money from Payday loan lenders if they are considering Debt Management, IVAs or Bankruptcy.
The purpose of short term loans is to act as a solution to temporary cash flow problems; it is not intended for sustained borrowing over long periods. Cash Genie do as much as they can to ensure clients do not borrow more than they can afford to pay back, however it is customers responsibility that this does not occur so they do not fall into debt. Cash Genie urges customers to think carefully before taking out a loan and ensure that they are able to repay the total outstanding balance on the due date.
In conclusion, Cash Genie monitors all applications and select customers for approval who meet the set qualification criteria. The service team will process the loan the same day as application and customers are able to have the loan amount in their account the same day. If customers are unsure about whether they can apply for a loan, contact email@example.com.
If customers/advertisers would like more information about Cash Genie, take a look at the companys website.