Check Into Cash was founded in 1993 by Allan Jones, a philanthropist, and businessman. Jones is also the founder of Creditcorp and Jones Management Services LLC, and partners with Steve Scoggins (COO) in the daily operations of Check Into Cash. The original company was founded in Cleveland, Tennessee, but has since developed a network of more than 1,000 locations across 30 states.
Jones, via Check Into Cash, was a founding member of the Community Financial Services Association of America, and in 2000, he began the Allan Jones Foundation, designed to support various charitable causes and give back to the Cleveland community.
As a financial company, Check Into Cash focuses on small loan products that can be secured with collateral or paid back quickly by consumers with amenable credit. The company partners with third-party lenders to remain in compliance with state and federal regulations.
In this article, you’ll learn:
Check Into Cash offers a variety of loans with a focus on short-term lending products and others secured by collateral.
Payday loans (or cash advances) are designed to be short-term solutions for anyone who needs to borrow a small amount of money until their next pay period. A person can use their employment history and pay stubs to secure a small amount. Check Into Cash offers these types of loans in 22 states, with rates that vary from state to state. These loans are not designed for long-term use.
Title loans work by taking out a lien against the title of a vehicle that a consumer owns outright. The title cannot have a previous lien against it, and the vehicle owner must not owe any additional amount on the vehicle. These requirements will be verified by Check Into Cash before a consumer can secure a loan for any amount.
Title loans can only be completed at brick and mortar locations. Representatives of the lender will have to physically see the vehicle and perform a cursory inspection prior to lending any amount.
Installment loans are paid back over a slightly longer period of time. These loans can be paid back using weekly, bi-weekly, or even monthly installments with an interest rate attached. Check Into Cash doesn’t offer installment loans in every state, so be sure to check the guidelines for your state of residence.
Check Into Cash borrowers in Virginia can apply for lines of credit based on their ability to repay a revolving account. In some other states, Check Into Cash is able to extend a line of credit through flex loans. Again, eligibility for these loans is largely determined by location and all borrowers should check the state-imposed regulations.
Check Into Cash payday loans and cash advances are advertised as a solution for anyone who needs to access up to $1,000 fast. Online products have a turnaround time of 24 hours, while in-store loans can be funded in as little as 15 minutes with the proper documentation.
Installment loans are for people who need more time to pay back a relatively small amount, and who have a steady income and credit background to qualify. Check Into Cash title loans are the largest product offered, and are always secured using a lien against a clear property title (like a vehicle or a home in certain circumstances). Title loans are for anyone who needs a larger amount of cash and who possesses the property necessary to secure the amount being borrowed.
Check Into Cash offers products that are centered around short-term lending solutions. Payday and cash advance loans are usually required to be paid within 14 days. Repayment for other loan types varies based on borrower and state. Full details on Check Into Cash’s loan terms by state are available on the lender website.
Annual rates for payday loans or cash advances can exceed 300%, but as with loan terms, rates vary by borrower and by state.
Check Into Cash offers payday loan rates of up to 460% APR in some states, while the rates on title loans can be as low as 6.99% fixed APR. Before signing on to a loan, be sure to research the average rates for your state and be sure that you fully understand the terms being offered.
Check Into Cash isn't designed for long-term, high-dollar loan amounts, and offers small, short-term loans to borrowers who need cash quickly.
Check Into Cash does not list a minimum credit score or any required credit history for taking out a loan. The lender offers loan options to borrowers with bad credit history, though a hard credit check may be necessary before being approved for a loan. Specific details on credit requirements vary by state, so borrowers should contact the lender with any questions about the credit check or pre-qualification process before applying for a loan.
Check Into Cash online and in-store cash advances and payday loans both require similar documentation for a borrower to secure funding. These loans are paid back when the borrower receives their next paycheck and are secured by proof of ongoing employment.
Borrowers must be at least 21 years of age in most states, and will be asked to provide the following information:
Title loans are for anyone who has a clean title to a running vehicle. The borrower will be asked to input the vehicle's information to get an initial appraisal and to provide proof that the vehicle is in the condition promised.
Borrowers are also required to provide:
Installment loan qualifications are also dictated by federal and state regulations. The borrower will need to provide the same documentation as payday loan or cash advance requirements, but may also be subject to additional credit checks. Installment loans are unsecured, and the borrower will need to meet income and credit requirements to be approved online or on-site.
Eligibility for flex loans and lines of credit varies from state to state. On average, the lender will require:
The Check Into Cash application process is simple and involves a few simple steps for online cash advances/payday loans and installment loans. The borrower’s state will determine the documentation necessary to move forward, and the loan can be funded in as little as 15 minutes in-store or 24 hours online.
Check Into Cash customer support can be reached during normal business hours in any of their 1,000 stores across 30 states. In addition to in-store support, customers can also reach support representatives through any of the channels outlined below.
Physical Location of the Customer Service Department:
201 Keith Street – Suite 80
Cleveland, TN 37311
Online Loan Customers:
In-Store General Support:
Check Into Cash has a 4.5-star rating on Trust Pilot with a 78% "Excellent" rating. Common descriptions include:
Check Into Cash is not accredited by the Better Business Bureau, but many state divisions of the lender have been given an A+ rating by the BBB.
Check Into Cash is a nationally recognized lender for short-term payday loans, cash advances, installment loans, and title loans. The company offers a wide range of additional products decided by the state the borrower resides in. In spite of high rates and variable terms, Check Into Cash is widely used as a solution for anyone who can't get or doesn't want a traditional bank loan.
Check Into Cash has been operating in the U.S. for over 25 years, and has a reputation as a stable and trustworthy lender for those who don't need large sums or who have less than perfect credit. Customer service has an excellent rating and the application process is both simple and fast.