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Speedy Cash is a Proud Member of The Online Lenders Alliance

By Jessica Price

Choosing an online lender can feel challenging. You, our valued customer or potential customer, know it’s important to pick a reputable online lender. You are undoubtedly looking for a lender who can meet your needs while adhering to the ethics and standards set by industry regulations. However, when you’re in a pinch and need to access necessary funds to meet a pressing financial obligation, wading through legal jargon and identifying whether or not a lender checks all the boxes can be overwhelming. You might even wonder, “which boxes were needing to be checked again?” As with any professional industry that strives for customer satisfaction and protection, designations for industry leaders are available. In the case of online lending, thankfully, The Online Lenders Alliance (OLA) exists. As stated on the OLA website: OLA Members are leaders in the industry and strictly adhere to industry Best Practices. We want to be sure all OLA members–and the entire industry–are aware of the importance of industry standards to their businesses.

Speedy Cash Online Lenders Alliance Membership

Speedy Cash is a proud member of The Online Lenders Alliance. OLA membership requires strict adherence to Best Practices and a Code of Conduct which are hyper-focused on transparency and accountability when advertising and explaining lending services. What does this mean? To maintain membership in OLA, which is important to online lenders like Speedy Cash, rules that are in place must be followed regarding the way information is presented and distributed to consumers (that’s you). We take our membership very seriously and our team works tirelessly to ensure we are compliant. When we communicate with our customers and potential customers, we do so with care. We consider not only what we say but how that information will be interpreted. We strive to be truthful and transparent. OLA’s board also works hard to investigate any reports of violation which we appreciate as we want all lenders who carry the prestigious OLA designation to be committed to all industry standards.

Dedication to Transparency and Education

In short, treating people fairly is extremely important to the entire Speedy Cash team, and our OLA membership is a public and profound promise to make every effort to do so. If you’ve been following our blog for a long time, you know that we are consistently providing information to help our customers make informed decisions prior to applying for a loan at Speedy Cash. We believe that it is important for our customers to understand the loans they are applying for and to have access to information about the rates and terms of those loans. We also believe in an open-door policy with our customer service team, meaning that questions and feedback are always welcome and encouraged. When our customers understand the loans, rates, and terms that they are applying for, the online lending process goes much more smoothly. We are dedicated to accurately describing our loan products and what our customers can expect throughout the borrowing and repayment process. Likewise, we prioritize the protection of your personal information when you apply. OLA best practices require members to provide transparency when advertising services as well. That means all advertising and information provided to our customers online or otherwise must adhere not only to the guidelines, laws, and regulations set forth by governing agencies but also OLA in order to maintain membership. Simply put, we must be truthful when explaining our loan products, services, rates, terms, and repayment policies. Deceptive advertising practices are not tolerated by our team, OLA, or other governing agencies. We make every effort to consistently refresh our website and marketing materials with content that meets the ever-evolving regulatory landscape of online lenders. Every step of the Speedy Cash experience, from application to repayment, is designed to be professional, courteous, and transparent because we truly care about our customers and their experience.

We are proud members of The Online Lenders Alliance

We will always take the OLA Code of Conduct very seriously: Treat people fairly and with respect. So, what does this mean for you, our valued reader, beyond the lending experience? The Speedy Cash blog is all about education. We publish blog articles that range from financial topics, budgeting information, ways to cut costs, and even best practices for borrowers to consider prior to applying for an application. Increasing readers’ financial literacy with easy-to-understand content is at the forefront of our minds when our team works to put together a new blog series. We want our readers to not only understand our loan products and services but to also understand ways in which they can improve their financial health over time. Again, with that in mind, Speedy Cash and OLA know that treating people fairly and with respect means transparency, online safety, and breaking down seemingly complicated services like loans into digestible bites of information. We want our customers, both past and present, to know that we’re rooting for their financial success. We hope to serve you if and when you need to apply for an online loan, but we also hope to provide you with exceptional information that helps you make informed decisions that boost your overall financial wellness. In short, it is our dedication to transparency and easily accessible information that makes Speedy Cash stand out. When we say we’ve got your back, we mean it.

About
Jessica Price
Read More from Jessica Price
Jessica Price | Finance Blogger | Personal Loans, Payday Loans, Installment Loans, Line of Credit, Title Loans, Budgeting Tips, Financial Literacy Jessica is hyper-focused on making information about the Personal Loans offered by Speedy Cash including Payday Loans, Installment Loans, Line of Credit, and Title Loans accessible and digestible. The key to responsible borrowing is understanding the loans you’re considering, and it’s Jessica’s mission to help anyone considering a loan make an informed decision. Jessica is passionate about sharing Budgeting Tips and helping readers increase their Financial Literacy. You’ll find great budgeting tips and information that will help you improve your financial wellness sprinkled throughout each of her blogs.

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© 2024 Speedy Cash. All Rights Reserved.

Loan Products: Subject to state regulations, eligibility, credit check, underwriting & approval, and meet state database eligibility, where required based on type of lending product requested. All products are not available at all locations. Rates, terms and conditions apply. See associate for details. Lending decisions and funding times subject to system limitations. Some applications may require additional verification, which can delay the lending decision.

Non-Loan Store Services: Rules, restrictions, and fees apply. See store for details.

Short term loans should be used for short-term financial needs and not as a long-term financial solution. Customers with credit difficulties should seek credit counseling.

The credit decision on your application may be based in whole or in part on information obtained from a national database including, but not limited to, TransUnion, Equifax, LexisNexis or FactorTrust, Inc.

†Instant funding is not applicable for all debit cards and is not available in Ohio, Oklahoma, Oregon, or South Carolina. Subject to system limitations. Some restrictions may apply.

∞Cash advances only available up to approved credit limit; some restrictions may apply.

Green Dot: Must be 18 or older to open an account. Online access, mobile number verification (via text message) and identity verification (including SSN) are required to open and use your account. Mobile number verification, email address verification and mobile app are required to access all features.

1. Early direct deposit availability depends on payor type, timing, payment instructions, and bank fraud prevention measures. As such, early direct deposit availability may vary from pay period to pay period. The name and Social Security number on file with your employer or benefits provider must match your Green Dot account to prevent fraud restrictions on the account.

2. Opt-in required. Account must be in good standing and chip-enabled debit card activated to opt-in. Initial and ongoing eligible direct deposits are required for overdraft coverage. Additional criteria may apply which can affect your eligibility and your overdraft coverage. Overdrafts are paid at our discretion. Overdraft fees may cause your account to be overdrawn by an amount that is greater than your overdraft coverage. A $15 fee may apply to each eligible purchase transaction that brings your account negative. Balance must be brought to at least $0 within 24 hours of authorization of the first transaction that overdraws your account to avoid a fee.

3. See app for free ATM locations. 1 free in-network withdrawal per calendar month. $3.00 per withdrawal thereafter. $3.00 for out-of-network withdrawals and $1.00 for balance inquiries, plus any fee the ATM owner may charge. Limits apply.

Green Dot® cards are issued by Green Dot Bank, Member FDIC, pursuant to a license from Visa U.S.A., Inc. Visa is a registered trademark of Visa International Service Association. And by Mastercard International Inc. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. Green Dot Bank also operates under the following registered trade names: GO2bank, GoBank and Bonneville Bank. All of these registered trade names are used by, and refer to, a single FDIC-insured bank, Green Dot Bank. Deposits under any of these trade names are deposits with Green Dot Bank and are aggregated for deposit insurance coverage up to the allowable limits. ©2023 Green Dot Bank. All rights reserved. Green Dot Corporation NMLS #914924; Green Dot Bank NMLS #908739

NOTICE: The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age (provided the applicant has the capacity to enter into a binding contract); because all or part of the applicant’s income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The Federal agency that administers compliance with this law concerning this creditor is the Consumer Financial Protection Bureau, 1700 G Street NW, Washington DC 20006 and the Federal Trade Commission, Equal Credit Opportunity, Washington DC 20580.

Alabama: Minimum age to apply in Alabama is 19.

California: Company is licensed by the California Department of Financial Protection and Innovation pursuant to California Deferred Deposit Transaction Law, Cal. Fin. Code §23000 et seq.

California: Compañía está autorizada por el Departamento de Protección e Innovación Financiera bajo la ley de Transacciones Depósito Diferidas de California, Cal. Fin. Código § 23000, et seq.

Customers who are California residents may request information from us to know what personal information we may collect, have, or maintain about them and what we do with it per the California Consumer Privacy Act (CCPA) and the California Privacy Rights Act (CPRA). If you are a California resident and wish to make a request under CCPA or CPRA, click on the “Do Not Sell or Share My Personal Information” button or link.

Nevada: The use of check-cashing services, deferred deposit loan services, high-interest loan services or title loan services should be used for short-term financial needs only and not as a long-term financial solution. Customers with credit difficulties should seek credit counseling before entering into any loan transaction.

Oregon: Licensed by the Oregon Department of Consumer and Business Services to make Deferred Deposit Loans, NLMS Id. #0267-004-S.

Tennessee: The State of Tennessee requires a minimum principal reduction. In order to comply with the minimum state-required principal reduction, Speedy Cash requires that minimum payments include a principal reduction of 2% or $2.50 for Customers who get paid bi-weekly/twice-a-month, or 4% or $5 for Customers who get paid monthly, whichever is greater.

Texas: Speedy Cash operates as a Registered Credit Access Business (CAB). The actual Lender is an unaffiliated third party.

If you have an unresolved complaint regarding the company’s money transmission or currency exchange activity, please direct your complaint to the Texas Department of Banking: 2601 North Lamar Boulevard, Austin, TX 78705-4294, 1-877-276-5554 (toll free), www.dob.texas.gov.