Frequently Asked Questions
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What is CashChex?
CashChex is a leading source of innovative solutions for our member’s financial needs, providing immediate affordable short-term emergency personal loans by means of cash transfers through peer-to-peer secure companies like Zelle and Cash App. Our mission is to assist our members with instant funding in the event of an emergency cash need occurrence, during life’s daily activities. CashChex is an emergency only funding corporation.
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What do I need before I apply?
Valid and working phone number Proof of most recent income information Valid US. Government issued photo ID or driver’s license Proof of routing and account number from an open and active checking account. Official documentation of Social Security Number.
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Do I have to have a bank Account?
Yes—an open and active checking account is required to apply.
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Can I get a loan with bad or no credit?
Yes! CashChex does not perform credit checks to its members.
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Does CashChex offer emergency loans to individuals with only an online bank account?
No! CashChex only extend loans to customers with major banks with physical branches..
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Can unemployment be used as a form of income?
Yes! Unemployment is also accepted as a form of income when applying for a loan.
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Can I use my social security, Disability, Supplemental Income to apply?
Yes! These are all forms of accepted income for a loan application.
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How do I provide proof of employment?
Simply submit your most recent income information or provide your most recent pay stubs along with your employment information for verification with your application.
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Are there any late fees associated with delayed payments?
No! Members are only responsible for the initial due date balance.
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How does CashChex provide personal loans to its members?
Once registration has been verified and approved, CashChex utilize peer to peer transfer companies Zelle & Cash App to provide immediate emergency funding.
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How much money can a member borrow from CashChex?
We offer four lending options from $100.00 $125.00 $$150.00 $$175.00 $$200.00 . After registration approval members can easily select the dollar value amount tab which takes user to their personal account.
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Are there membership fees associated with your CashChex account?
No! Registration is free. Each member can easily access their account with a host of user-friendly feature options and updates.
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How does CashChex work with Zelle?
Go to the registration page and complete application during the process select Zelle tab as your method of receiving your emergency cash loan.
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How does Cashchex recover members loans on their due date?
Cashchex will debit your amount owed from your FDIC insured bank account you provided in the banking/debit card information section in the pre-approval registration page.
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To receive emergency lending assistance does a member must have online banking account information?
Yes! Internet/Mobile banking is required to process loan, this verifies account is active and accurate.
