ATLANTA, GA, April 13, 2011 /24-7PressRelease/
-- Purpose Cash Advance is pleased to announce that its online payday loans service is available to residents in the state of Wisconsin. Wisconsin joins Mississippi, Utah, South Dakota, and Missouri in the list of states where the company is committed to providing confidential, safe, and fast transactions.
The company provides payday loans online that can be applied for via a simple application form requiring basic information. Once this information is verified, approval for the loan is granted in only a few seconds. The money is then deposited into the borrower's checking account and is repayable on the borrower's next paycheck. The company's cash advance process is ideal for emergency financial situations in which cash is needed within a short time frame.
Purpose Cash Advance is subject to relevant Wisconsin lending laws including the requirement that applicants submit a pay stub prior to receiving a loan. The pay stub must be less than 35 days old. Wisconsin state laws dictate that the maximum loan amount that residents may have outstanding from licensed payday lenders is $1,200 with the maximum loan amount including fees being limited to 30% of gross income.
In order to be eligible for a cash advance, the company requires that the applicant be at least 18 years of age, have an active checking account, proof of income, and be a resident of the state of Wisconsin.
Following the launch of the company's payday loans online service in Wisconsin, residents can enjoy a convenient and hassle-free means of acquiring small short-term loans. The service provides its residents with a process that is a fast and extremely efficient way of resolving unforeseen expenses such as emergency medical bills and house repairs.
Purpose Cash Advance provides online cash advance services to the states of Mississippi, Utah, South Dakota, Wisconsin, and Missouri. The company aims at providing safe and efficient transactions and is licensed to do so in all five states. Purpose Cash Advance can be contacted by calling 1-800-573-5745, or through the company website.