Background
American Cash Market is a financial services provider specializing in personal loans and lines of credit, designed to offer quick and flexible cash solutions for individuals facing unexpected expenses or seeking short-term financing. The company focuses on providing accessible credit options with competitive rates and straightforward terms.
History
American Cash Market has established itself as a trusted source for consumer lending, offering a variety of personal loan products to meet the needs of its customers. The company is known for its fast approval process, minimal fees, and the ability to use lines of credit for multiple purposes, including overdraft protection.
Types of Loans and Fees Charged
Loan Types:
Personal unsecured loans
American Cash Advance Line of Credit (which can also be used as overdraft protection)
Loan Amounts:
Personal loans: $1,000 to $25,000
Cash Advance Line of Credit: Minimum $500
Repayment Terms:
Personal loans: Terms available from 12 to 60 months
Line of credit: Ongoing, with payments based on 1/36th of the outstanding principal plus interest
Interest Rates (APR):
Personal loans: As low as 12.49% APR for 60 months with auto payment discount
Line of credit: Prime + 5.00% (with auto payment) or Prime + 5.50% (without auto payment), with a maximum APR of 18.00%
Fees:
No application fees
No documentation fees
No annual fees for the line of credit
Locations
American Cash Market operates primarily online and through affiliated bank branches, making its services accessible to a wide range of customers.
States Where Loans Are Offered and Not Offered
Available States: Loan availability is subject to state regulations and may vary. Applicants should check eligibility during the application process.
Unavailable States: Not available in states with strict lending regulations or where the company is not licensed to operate.
How to Contact American Cash Market
Website: Visit the company’s official site or affiliated bank for more information and to apply online.
Customer Service: Contact details are provided during the application process or through the affiliated bank’s customer support channels.
Note: Details such as specific branch addresses, phone numbers, and email contacts may vary depending on the affiliated bank or lending partner. Always verify contact information directly through the official website or customer service portal.
