FAQ
How much can I borrow?
Typically, you can borrow from $100 to $1,500. The certain amount will depend on your monthly income and your state regulations.
How do I apply?
Fill out our 2-step application form and submit it online. Then carefully read and electronically sign the loan agreement and wait for approval.
How soon will I get my loan?
Once your application has been approved, the funds will be electronically deposited in your checking account the same business day.
What if I have bad credit?
Poor credit should not stop you from applying for short term loans. JedwardsLoans offers loans for people with bad credit.
What are the requirements to qualify for a loan?
• Be employed (or receive regular income)
• Make at least $800 in monthly income
• Be 18 years of age or older
• Be a U.S. citizen
• Have a valid checking account with direct deposit
Is any collateral required to qualify?
No. Your permanent employment is your collateral.
What are your interest rates?
Typically, we charge $15-20 per $100 borrowed. Once you have submitted your application form, you will be offered to electronically sign the agreement. There you will see your fees and repayment options.
How do I pay back my loan?
Typically, your loan is due on your next payday. The loan amount plus fees will be automatically withdrawn from your checking account. It’s that easy and hassle free.
Will I be notified prior to the withdrawal of the funds from my bank account?
Yes. We’ll notify you either by email or phone a few days before your loan is due.
Can I pay back the loan before the due date?
Yes. You can pay off your loan before your schedule due date. There are no prepayment penalties.
Is my personal information secure and confidential?
We value your privacy and take all necessary measures to protect your personal data.
