• No hidden fees
• All costs and repayment amounts are quoted upfront so there are no unexpected surprises
• Easy online application process that only takes 4-5 minutes to complete
  
• Money wired into your account and available to spend or withdraw within one hour
• Apply Online Now for CashDoctors PayDay Loan / Cash Advance
  

Cash Doctors Payday Loans - Compare Your Bank Overview

We all get a bit strapped for cash at sometime in our lives and it helps to have a quick and easy source of cash to tide us over in emergencies. While they may not be the cheapest of credit options, payday loans can be handy in a fix.

One company that offers on the spot cash advances with little or no fuss is Cash Doctors. Their online process ensures that you can make the application in a matter of minutes and have the money in your account within an hour, with no paperwork and no faxing.

If you are unfamiliar with the concept of payday loans, they are basically a cash advance to tide you through until your next pay cheque. The amount borrowed is usually quite small and interest rates are very high. But, as mentioned, they can be useful in an emergency.

It has to be said that applying for a payday loan from Cash Doctors couldn't be much easier. To start, simply log onto their website and fill out an online form stating how much you wish to borrow, when you get paid and how you want to pay it back. This shouldn't take much more than a few minutes to complete. You will be given login details to track your application and will be kept updated by email and/or SMS.

You will then need to help put Cash Doctors in touch with your payroll department so that they can confirm that you will be paid on the date you stated. Once this is done and you are approved you sign an electronic certificate and the money is usually in your account within minutes.

Cash Doctors also takes care of your repayments. A direct debit from your account is set up for your next payday and you will get a reminder SMS or email the day before to remind you that the money will be taken from your account.

Limits, interest rates and fees

Cash doctors allows you to borrow between $100 and $600. However, this can be limited further by how much you are paid, how often you are paid and whether you are a new or existing customer. There are also some criteria you have to meet to qualify for a loan. For example, you must be employed for more than three months and earn at least $400 a week.

While Cash Doctors provide a quick and easy service, you can expect to pay for it. Even an expensive credit card cash withdrawal will work out much cheaper than a payday loan so check out your alternatives. However, if you must use a payday loan, the total cost of the loan will depend on your particular circumstances, but here are a couple of examples:

• If you borrow $500 and repay it from your pay cheque 25 days later, you will repay $697.50 plus the $25 administration fee.

• If you borrow $200 and repay it from your pay cheque five days later, you will repay $220 plus the $25 administration fee.

The general rule is to borrow as little as possible for as little time as possible to save yourself on high interest charges. Also, repay on time and make sure you understand the terms and conditions of your contract.

See CashDoctors site for full terms and conditions. Full cost breakdown of loan will be displayed during application process. You are able to review this before you commit to loan.