Check ‘n Go is a direct lender of payday loans based in Cincinnati, Ohio. It offers online loans in 17 states and has locations in 24 states. The rates on its payday loans vary from state to state and depend on the various state regulations it needs to comply with. You can find information about the rates and fees for your state on its website. Along with payday loans you can also get cash advances, installment loans and cash checks at a Check ‘n Go location.
An online payday loan can be more convenient than an in-store loan. To apply online you’ll need an active phone number, your address and a bank account that accepts ACH transfers. Online applications are quick and you should know if you’re approved quickly. Transfer of funds can take between one to two business days.
Once the term of your loan, usually 14 days but sometimes longer, the amount you repay will be automatically withdrawn from your checking account. We recommend having overdraft protection on your account, since it can get expensive if you don’t have enough in your account when the term expires.
An in-store payday loan has similar requirements, proof of income, address and current photo ID. If approved, you’ll write a post-dated check for the amount of the loan and the finance charges added by the lender. This is important to keep in mind, when you get the loan, you’ll know exactly how much you’ll have to pay back and the lender will be able to deposit that check when the term expires.
Payday loans are highly regulated and the rates vary from state to state. Check ‘n Go has tools on its website to help you estimate the total cost of a loan in your state. We recommend using these tools before you apply so you can get an idea of how much a payday loan might cost and so you can plan your finances accordingly.
In addition to payday loans, Check ‘n Go also offers installment loans, cash advances and check cashing services. Check its website for information about the rates and terms on these other loan options.
We recommend exploring alternatives before getting a payday loan. You may be able to get an overdraft line of credit, a personal loan from a credit union or look for someone to co-sign on a loan with you. Each of these options have lower rates than a payday loan. You can find more information about these alternatives in our buying guide.