Do Not Apply for a Loan Until You Read This
Our Review of Radiant Cash Loans
RadiantCash is a tribal lender that offers small short-term installment loans up to $1,000. These products are prefect if you are facing a car repair or simply need extra money for that vacation. This article will be an in-depth review of RadiantCash, giving you the information necessary to decide if they are the right fit for you.
Radiant Cash Loans offers tribal loans to consumers that need fast cash. Tribal loans are short term installment loans that are repaid over time, unlike payday loans which must be repaid in full on your next paycheck cycle. You can borrow a minimum of $300 up to a maximum of $1,000 for first time borrowers. Interest rates are as high as 574.99%, depending on your financial situation and credit worthiness. This is a very expensive form of borrowing and should be a last resort.
What is Radiant Cash?
First up, thank you for visiting our site and reading our guide on Radiant Cash reviews. Radiant Cash is a tribal lender. They provide potential clients scenarios where the RadiantCash product would be most applicable. Then they spell out how the application process works and how to begin applying for a loan. The company advertises why RadiantCash is the right choice, listing significantly lower interest rates than payday loans or pawn loans, flexible payment options, emergency cash when needed and no FICO score check, which is not common in the industry.
Lastly, compliance is important and RadiantCash is part of the Online Lenders Alliance, a member of the Native American Financial Services Association, and is licensed by LDF Tribal Consumer Financial Services Regulatory Authority. Security for the website is provided by Norton. Currently if you reside in Maryland, Massachusetts, Vermont, West Virginia, Georgia, Connecticut, Minnesota, Wyoming, Utah, New York, Texas, Oregon, Maine, New Hampshire, Montana, Colorado, Wisconsin, Arkansas, Virginia, Pennsylvania or the District of Columbia, you are currently ineligible for a loan with RadiantCash.
How Much Can I Borrow?
Currently, you can obtain loans ranging from $300 to $1,000 with interest rates as high as 574.99%. Funding typically occurs within 24-hours, allowing for an expedited process, especially compared to others in the financial sector. In the FAQ section of their website, it clearly states that this product is for short-term emergencies or needs and is not a long-term financial solution.
How to Apply for a Radiant Cash Loan
Go to the homepage and click the create account button in the drop-down menu. As several Radiant Cash reviews point out,, the application process is quick and painless. There are several places you can begin the application process, such as the homepage of clicking the create account button in the drop-down menu. You will start by populating your information such as address, email, phone number and zip code. From there, you will need information such as your banking information, which is where your funds will go once approved. To check the status of your application process, you can log into your account, otherwise you will receive information via email.
When completing the application process, you can rest assured that your information and data is secure. RadiantCash states that all personal data is treated with respect and sophisticated technology is in place, ensuring all information is safe and secure.
The Advantages of Radiant Cash Loans
Funds are generally put into your account via ACH the next business day, provided you submit information prior to 4:00pm CST. If you wish to repay your loan early you can do so. Repayment of your loan early will benefit you because it will save you money on interest expense and will make your application look better if you need to return for another loan.
Should you change your mind once you’ve received your loan, you do have the right to rescind your loan by 4:00pm CST of the next business day immediately following the disbursement date. Ensure you read the loan document before signing to ensure your rescission period is correct.
The Disadvantages of Radiant Cash
The company’s contact information is readily available at the bottom of their website, including the physical mailing address, phone number and email. These will come in handy if you have an issue or question about the loan process.
Overall, RadiantCash keeps up with the competition in all areas of the process, except for same day funding. While that’s not a deal breaker, if your emergency calls for same-day funding you may want to look elsewhere. With your information being transmitted securely and the application process quick, you might find RadiantCash to be a good fit. Take the time to complete your own due diligence and see if this company is the right fit for you.