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8.9

Finder Score

Great

Speedy Cash Short-term Loans isn't available on Finder right now.

Min. Amount: $50
Max. Amount: $3,000
Turnaround time: 1 day

Our verdict

Convenient loan options — but understand the cost before you apply.

Speedy Cash is a legitimate lender with a wide variety of loan options — although its exact services vary by state. While it can be expensive, it goes out of its way to explain the costs and display its state licenses. And it lives up to its name: Some borrowers can get cash the same day they apply.

However, its Better Business Bureau (BBB) page contains quite a few complaints about customer service and the overall cost. You may also be limited in what — and how much — you can borrow if you don't live in the states where it has store locations.

Before you borrow, see how Speedy Cash compares to other lenders.

Pros

Full online application
Quick funding process
Multiple loan types offered

Bottom line: Speedy Cash offers payday loans, in addition to other loans and services, to residents of 27 states. But it's still an expensive form of credit, so be sure you can afford it before you visit a store or apply online. Read our full review.

Details

Product details

Product Name	Speedy Cash Short-term Loans
Min. Amount	$50
Max. Amount	$3,000
Loan Term	Varies
Loan Security	Unsecured
Turnaround Time	1 day
Costs	Varies by state regulations.
Requirements	Must be 18+ years old (19+ in AL) and have valid ID, proof of steady income, an open checking account and working phone number.

Speedy Cash rates, fees and terms

The cost of a payday loan from Speedy Cash depends on your state laws, the amount you borrow and the term of your loan. In most states, you will likely be able to borrow between $100 to $500. Because financing fees are set by state, you may have to pay between $10 to $30 for every $100 borrowed. This means that the annual percentage rate (APR) of your loan will be 150% or more. And because Speedy Cash also offers installment loans, lines of credit and title loans, the amount you pay can vary widely.
To help make the cost more clear, Speedy Cash provides examples of its financing fees and average APR on its website. Visit your state’s rates and terms page for more specific details.

Is Speedy Cash legit?

Yes, Speedy Cash is a legitimate lender and a member of the Online Lenders Alliance (OLA), an industry organization that upholds security standards for businesses. Like all payday loans, expect high interest rates. However, Speedy Cash is a well-known, secure option for those who need cash to cover an emergency expense.

Compare alternatives to Speedy Cash

Browse more lenders and services and compare by amounts offered, requirements and turnaround times.

6 of 6

Product	Finder Score	Loan amount	Turnaround time	Requirements
Finder score 9.4 Excellent Varo Cash Advance	Finder score 9.4 Excellent	Up to $500	Instant, once qualified	Active Varo Bank Account with a positive balance and at least $800 in total qualifying direct deposits in the current or previous month. Additional quals apply.	Varo Advance (VA) is a small dollar line of credit. Initial limits range from $20-$250. Work your way up to $500 over time. Fees range from $1.60 - $40 based on loan amount.	Go to site More info Compare product selectionCompare	loading
Finder score 9.5 Excellent EarnIn	Finder score 9.5 Excellent	Up to $150/day, with a max of $750 between paydays	1 to 2 business days or within 30 minutes for a fee	At least 18 and a US resident, Valid Social Security number, At least 60 days of banking history, Proof of consistent income, Positive bank balance, Get paid by direct deposit.	Access up to $150 per day, with a max of $750 between paydays. Subject to EarnIn terms & conditions.	Go to site More info Compare product selectionCompare	loading
Finder score 9.1 Excellent CreditNinja Installment loan	Finder score 9.1 Excellent	$300 to $2,500	1 to 2 business days	Checking account at least 60 days old, regular income through direct deposit, resident of eligible state, age of majority in your state	Fast online funding up to $5K, but you won't know about rates and terms until after you apply.	Go to site More info Compare product selectionCompare	loading
Finder score 9.4 Excellent OppLoans Installment Loans	Finder score 9.4 Excellent	$500 to $5,000	As soon as the same business day	+18 years old, Receive paychecks through direct deposit, $1,500 minimum monthly income, Live in eligible state	Not available in: CO, CT, GA, IA, MD, MA, NY, SD, VT, WV. Comes with the option to change your due date so you won’t fall behind on repayments.	Go to site More info Compare product selectionCompare	loading
Finder score 8.7 Great Current	Finder score 8.7 Great	$50 to $750	Up to 3 days or within an hour for a fee	Among other factors, you must receive a monthly total of $500 or more in Eligible Payroll Deposits into your Current Account.	Get up to $750 before payday, once you qualify. Paycheck Advance is an earned wage access service and is not a loan or credit product. Subject to Paycheck Advance Terms and Conditions.	Go to site More info Compare product selectionCompare	loading
Finder score 8.2 Great Cleo	Finder score 8.2 Great	Up to $250	3 to 4 days or instant for a fee.	Not stated	Automatically monitor your spending plus access cash advances up to $100 at a time.	Go to site More info Compare product selectionCompare	loading

Showing 6 of 6 results

What is the Finder Score?

The Finder Score crunches 3+ types of short-term loans across 65+ lenders. It takes into account the product's interest rate, fees and features, as well as the type of loan eg investor, variable, fixed rate - this gives you a simple score out of 10.

To provide a Score, we compare like-for-like loans. So if you're comparing the best short-term loans for all credit types, you can see how each short-term loan stacks up against other short-term loans with the same borrower type, rate type and repayment type.

Read the full Finder Score breakdown

MUST READ:

The Consumer Financial Protection Bureau (CFPB) no longer requires lenders to consider your ability to repay a loan. If you don’t repay a short-term loan on time, you could end up owing several times the amount you borrowed. Carefully review your finances and the loan cost to make sure it fits your budget.

Before you take out a short-term loan

Payday loans, installment loans and auto title loans come with high rates and fees, which can trap you in a cycle of debt. The majority of short-term loan borrowers renew their loan at least once, piling on fees that make it even more difficult to repay.

Consider alternatives before opting for a payday, installment or title loan:

Local resources. Government agencies, nonprofits and local charities often offer free financial services and help with food, utilities and rent for those in need.
Payment extensions. Talk with your bill providers about a longer payment plan or extension on your due date if you're behind on payments.
Credit cards. Credit cards typically charge lower interest rates than short-term loans, even on cash advances, making them a flexible, less costly alternative for up to the $500 you can typically take out with a payday loan.

Speedy Cash reviews and complaints

BBB accredited	No
BBB rating	A+
BBB customer reviews	1.66 out of 5 stars, based on 32 customer reviews
BBB customer complaints	300
Trustpilot score	4.6 out of 5, based on 8,599 customer reviews
Customer reviews verified as of	18 March 2021

While Speedy Cash earns positive reviews on its Trustpilot page, almost all of the recent reviews on its BBB page are negative. Borrowers frequently complain about the high costs, poor customer service and inability to change payment due dates.

How to apply

To get started, you will need to have your Social Security number, details about your bank account and details about your employment ready. Speedy Cash offers three ways to apply.

Online. Speedy Cash allows you to apply online in 27 states, including every state it has store locations.
By phone. You can apply over the phone by calling a local Speedy Cash store or by calling the main number listed on its website.
At a store. There are over a hundred store locations spread across 15 states where you can apply for a payday loan.

If you want to apply at a store, you will also need a pay stub or other proof of income as well as a government-issued photo ID, like a driver’s license. No matter the option you choose, most loans can be deposited into your bank account within one to two business days. Speedy Cash also offers you the ability to pick up cash at a store or have your loan instantly funded with to a debit card.

Speedy Cash locations

Speedy Cash offers loans in 27 states — although only 15 states have Speedy Cash stores.

Type your state to view loan availability:

State	Payday loans	Installment loans	Title loans	Lines of credit
Alabama	Online and in store	Online and in store	In store	Not available
Alaska	Online	Not available	Not available	Not available
Arizona	Not available	Not available	Online and in store	Not available
California	Online and in store	In store	Not available	Not available
Colorado	Not available	Online and in store	Not available	Not available
Delaware	Not available	Not available	Not available	Online
Hawaii	Online	Not available	Not available	Not available
Idaho	Not available	Not available	Not available	Online
Illinois	Not available	Online and in store	In store	Not available
Kansas	In store	Not available	In store	Online and in store
Louisiana	Online	Not available	In store	Not available
Mississippi	Not available	Online and in store	In store	Not available
Missouri	Not available	Online and in store	In store	Online and in store
Nevada	Online and in store	Online and in store	In store	Not available
New Mexico	Not available	Online	Not available	Not available
North Dakota	Online	Not available	Not available	Not available
Ohio	Not available	Online	Not available	Not available
Oklahoma	Not available	Online	Not available	Not available
Oregon	Online and in store	Not available	In store	Not available
Rhode Island	Not available	Not available	Not available	Online
South Carolina	Not available	Online	Not available	Not available
Tennessee	Not available	Not available	In store	Online and in store
Texas	Online and in store	Online and in store	In store	Not available
Utah	Not available	Not available	Not available	Online
Washington	Online and in store	Not available	Not available	Not available
Wisconsin	Not available	Online	Not available	Not available
Wyoming	Online	Not available	Not available	Not available

Payment options

Speedy Cash highlights its online payments and automatic ACH transfers — taken directly from your bank account — on its website. However, other payment methods may also be available. Contact Speedy Cash or visit a nearby store for more information.

What other services does Speedy Cash offer at its stores?

Exact products and services vary by location, but Speedy Cash stores typically offer these four services:

Prepaid debit cards
Money orders
Check cashing
Wire transfers

Not sure about Speedy Cash? You can learn more and compare options with our guide to payday loans.

Frequently asked questions

Will Speedy Cash check my credit?

Yes, Speedy Cash may run a hard credit check as part of your loan application which may cause your score to drop by a few points.

Does Speedy Cash report my payments to the credit bureaus?

Speedy Cash may report information about late payments to the credit bureaus, although they don’t specify if they report on-time payments. However, other bad credit lenders, like OppLoans, do report on-time payments to the major credit bureaus to help customers build credit.

When is my payday loan due?

Payday loans typically must be paid back on or around your next scheduled payday, which is based on your pay cycle.

Does Speedy Cash have a phone number?

Yes, it’s 1-888-333-1360 for English and 1-855-734-0111 for Spanish.

Finder Scores: What they mean

If you want peace of mind, this rating will give it to you. These products offer the best value and outcomes considering various product features, terms, conditions and price.

Well-balanced products that provide what you need, offering a healthy mix of competitive features at a good price. However, they're not quite the best in class.

Bottom line: You can find better, but these products still offer reasonable value and have the basics sorted.

These products may not offer much value in the long run, and there are better options available.

Your reviews

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Kellye Finder

Writer

Hi there, looking for more information? Ask us a question.

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This site is protected by reCAPTCHA and the Privacy Policy and Terms of Service apply.

Bill

February 02, 2023

how often per month does Speedy Cash bill you for your loan?

Ren Finder

February 02, 2023

Hi Bill,

Thanks for your question!

Your payment due and terms depend on the loan type. This will be outlined in your loan agreements. Please contact Speedy Cash for more information.

I hope this helps.

Thanks,

Ren

Armon

March 11, 2020

Can I have my loan put into my savings account?

nikkiangco

March 11, 2020

Hi Armon,

Thanks for your comment and I hope you are well.

Yes, your loan funds will be deposited to your chosen method of receiving the funds and this could be completed as soon as the next business day. You could also visit a Speedy Cash store to collect cash sooner after approval.

As a friendly reminder carefully review the terms and conditions and the product disclosure statement of the lender before applying. You may also contact your lender of choice should you have any questions about their loan requirements.

Hope this helps and feel free to reach out to us again for further assistance.

Best,

Nikki

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Felicity

May 06, 2019

For a card, what is the APR, Annual fee, Other fees, balance transfer fee, and grace period?

Jeni Finder

May 06, 2019

Hi Felicity,

Thank you for getting in touch with Finder.

Speedy Cash does not offer credit cards. Our credit card Finder can help search for a card that suits your needs. If you’re applying for a credit card, please make sure though to read the eligibility criteria, features, and details of the card, as well as the relevant PDS/ T&C of the card before making a decision and consider whether the product is right for you.

I hope this helps.

Thank you and have a wonderful day!

Cheers,

Jeni

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Yaz

February 25, 2019

I recently took a leave from my job, but I do have a recent paystub from my job, I go back to work in 2 weeks, can I still take out a loan?

johnbasanes Finder

February 25, 2019

Hi Yaz,

Thank you for reaching out to Finder.

Depending on the approval criteria being used by Speedy Cash, you may still be able to take a loan. Advise them that you are currently on leave and will be back in two weeks. They may also contact your employer and confirm this as a safeguard for the loan. Hope this helps!

Cheers,

Reggie

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Thomas vines

February 06, 2018

I was sent a text claiming that I had been approved for a loan of 10000$ from speedy cash. They said that since my credit score was below 580 that I had to go through a verication process .said they would make a small deposit in my bank and then when I signed it back they would deposit my money is this a legit offer from you at SO?

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joelmarcelo

March 27, 2018

Hi Thomas,

Thanks for leaving a question on finder.

You may want to confirm first that the person you’re speaking with is a legit representative from Speedy Cash and not someone posing as a representative to conduct a scam. Please go to their website to verify their contact details so you can verify with them directly. You can learn more about how to spot a payday loan scam.

Cheers,

Joel

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Kellye Guinan is a freelance editor and writer, specializing in consumer lending. Her writing and analysis has been featured on Bankrate, MSN and MediaFeed. She holds degrees in anthropology and German language and literature from Middle Tennessee State University. See full profile