MyCashNow.com is a payday lending website which provides clients with short term loans, regardless of whether they have good or bad credit or any credit at all.
Payday loan companies provide high interest, short term loans to people who would not otherwise be able to receive an installment loan from a traditional lender.
MyCashNow is different from other payday loan companies because it provides different benefits and incentives both for first time borrowers and for repeat borrowers who maintain a good history with them.
First time borrowers will receive an APR of 363.96%, which is 25% off the standard APR of 485.45%. All loan fees are based on a 14 day loan.
Repeat borrowers that maintain a good payback history with MyCashNow can begin to qualify for discounts off their loan borrowing fees after the fifth time they borrow. These discounts range from 10% to 30% off the standard fees.
Also, if you refer friends and family to use MyCashNow services and they are approved for a loan, you can receive a $100.00 bonus for each successful referral.
Do you have experience with MyCashNow.com? If so, please leave a review below.
Note: If you’re interested in learning more about Payday Loans check out our detailed guide, “Payday Loans Explained: Should You Ever Get One?” for more info.