CashAdvance.com Unveils Nevada Loan-Process Resource

Jan. 13, 2012 - PRLog -- CashAdvance.com announces the launch of its new Loan Process page, designed to educate Nevada consumers about the payday loan industry and the process of getting a short-term loan. The new page lists the minimum requirements for getting a cash advance in Nevada, as well as providing information on fees, repayment (auto-debit allows for an automatic repayment from the borrower’s bank account on a specified date), and credit checks (none required).

According to leading CashAdvance.com financial news expert Adam Hilliard, "Our Nevada Consumer Resource page at http://www.cashadvance.com/nevada will dispel any misconceptions or uncertainty surrounding the cash advance process in Nevada, equip you with practical advice for averting financial crisis, answer your myriad loan questions, and ultimately guide you on the road to taking control of your financial future."

According to the new Loan Process page, Nevada residents need to:
•   Provide proof of income, such as a recent pay stub or a Social Security statement. Some lenders require that borrowers be employed for a minimum of 90 days.
•   Provide valid I.D., such as a Nevada driver license or passport.
•   Be at least 18 years of age before applying.
•   Have a valid checking account (many Nevada lenders require the checking account to be at least 3 months old at the time of lending).
•   Provide a valid e-mail address and phone number.
•   Be a U.S. citizen or permanent resident

Consumers who are investigating cash advances as a source for easily accessible short-term loans can visit the Nevada Loan Process page at http://www.cashadvance.com/nevada/loan-process to find all the information needed to start the process. The updated site also features listings and contact information for state consumer-protection agencies, lending laws and regulations, and even a resource listing alternatives to payday loans.

“CashAdvance.com strives continually to ensure consumer protection by providing the knowledge and resources necessary for consumers to make informed financial decisions,” says CashAdvance.com spokesperson Hanna Wellman. “The new Nevada Loan Process page offers a wealth of information arming consumers with the resources to actively preserve their rights, while providing recourse to regulatory agencies capable of remedying fraudulent lending practices.”

Consumers can use the new page to check if a payday lender is licensed in their state, or if any consumer alerts have been issued. The Nevada Loan Process page is meant to make the cash advance process transparent for anyone who’s interested in seeking this type of short-term loan.

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CashAdvance.com was established in 1997 to offer people a quick, convenient, and secure method to get a cash advance online.