Asked by: Catarina Goxendi
personal finance credit cards

How long does it take to get a loan from money tree?

Last Updated: 28th March, 2020

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You can go to your nearby Moneytree Branch and pick-up your cash right away. If you have a prepaid debit card that you purchased at Moneytree, you can have the funds instantly deposited on your card, or. You can ask us to deposit the loan proceeds into your checking account which takes 1 – 3 business days.

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Similarly, it is asked, how much can I borrow from money tree?

We offer installment loans from $100 up to $1,000 or 25% of your gross monthly income, whichever is less. You can borrow any amount up to your loan limit.

Also Know, does Money Tree affect credit? Moneytree doesn't report to credit bureaus, so you can't build up the credit history you need to get an affordable loan.

In respect to this, can I get a money tree Loan Online?

You can apply for a payday loan online or by visiting one of your local branches today. Moneytree Payday Loan customers enjoy these benefits: Online Account Access.

Can you get a loan with a prepaid checking account?

Without a bank account, you won't have access to direct deposits or cash payments, which are the two most common forms of loan delivery. Instead, you will need to use a prepaid debit card to receive your loan. Not all lenders offer payday loans with a prepaid debit card.

Related Question Answers

Voica Shlensky

Professional

What do I need to get a loan from money tree?

Requirements vary by product, but generally to apply for a Moneytree consumer loan you will need the following:
  1. Tax identification number (Social Security Number, ITIN, Alien Registration Number)
  2. Proof of identification.
  3. Physical residence address.
  4. Verifiable income.
  5. Contact phone number at which you can be reached.

Marcos Cui

Professional

Does Money Tree do cashiers checks?

We've been providing check cashing service since 1983 and we cash all types of checks. Large checks, two-party checks, unusual checks — it's what we do. Rates vary by location; view the check cashing rates at your neighborhood Moneytree Branch.

Abbes Alcario

Professional

How does the money tree work?

The braided trunk of the Chinese money tree is said to be able to trap fortune within its folds. The five leaves typically found on a stalk are said to represent the five elements of balance: earth, fire, water, wind, and metal.

Eufemiano Domhardt

Explainer

What is the fee for a payday loan?

Payday loans generally charge a percentage or dollar amount per $100 borrowed. The amount of this fee might range from $10 to $30 for every $100 borrowed, depending on your state law and the maximum amount your state permits you to borrow. A fee of $15 per $100 is common.

Yaret Colomera

Explainer

How much does a payday loan cost?

Payday loans range in size from $100 to $1,000, depending on state legal maximums. The average loan term is about two weeks. Loans typically cost 400% annual interest (APR) or more. The finance charge ranges from $15 to $30 to borrow $100.

Lisandra Brenneke

Explainer

What is APR on a loan?

The annual percentage rate (APR) is the amount of interest on your total mortgage loan amount that you'll pay annually (averaged over the full term of the loan). A lower APR could translate to lower monthly mortgage payments. (You'll see APRs alongside interest rates in today's mortgage rates.)

Annelise Laharzabal

Pundit

Does Money Tree buy gold?

Money Tree provides cash services for their customers. ATM, Bill pay, check cashing, Cointree, buisness loans, money orders, prepaid cards, gold buying, and of course payday loans. When you need financial options, Moneytree has a wide set of options.

Ayna Leazategui

Pundit

How much does a check cashing store charge?

Typical costs: The cost for cashing checks varies, with most states setting limits on how much a business can charge to provide this service. The fee charged is often a percentage of the amount of the check being cashed, and can range from 1%-12%. That's a range of $10-$120 for a $1,000 check.

Ahtisham Boatella

Pundit

Where do you place a money tree?

Placement of a Money Plant
  • It should come as no surprise that the money area, or southeast area of your space, is the best place for a money plant.
  • The health area (or east area) is also welcoming of a money plant, as the element linked to the area is wood.

Dimitry Witting

Pundit

How big do money trees get?

If you saw a money tree, or Pachira aquatica, in its native habitat of Central and South American swamps, you probably wouldn't recognize it. The tree can grow up to 60 feet tall (versus a max of 3 to 6 feet indoors), and that ubiquitous braided trunk isn't a natural feature.

Guido Fannrich

Pundit

Why are money trees called money trees?

MONEY TREE (pachira aquatica)
The name "money tree" refers to the story of its origin, where a poor man prayed for money, found this "odd" plant, took it home as an omen, and had great fortune in selling plants grown from its seeds.

Ermesinda Vinidiktov

Teacher

What does a money tree look like?

The trees can get up to 60 feet in their native habitats but are more commonly small, potted ornamental specimens. The plant has slim green stems topped with palmate leaves. In its native region, money tree plants produce fruits that are oval green pods divided into five chambers inside.

Amapola Waterholter

Teacher

How often should I water my money tree?

Money trees should not be over-watered; according to GFlora.com, watering two to three times a month is sufficient. It is permissible to allow the top layer of soil to dry out to about an inch in between waterings.

Niang Agrafojo

Teacher

When should you repot a money tree?

Repot the money tree in spring or summer, when it's actively growing. Water it well, let it drain for an hour while you prepare its new container, and cover the work area with newspapers. Choose a pot 1 or 2 inches larger in diameter than the current one, with at least one drainage hole in its base.

Martina Lavadinho

Reviewer

What do you need to get a loan from Dollar Loan Center?

All you need to bring into us to process the loan is:
  1. State issued ID.
  2. Proof of income/most recent paystub.
  3. Proof of address dated in the last 30 days.

Iruña Gerigk

Reviewer

Can I get another payday loan if I already have one?

You Can Get Another Payday Loan even if you already have one. There are high chances of disapproval from various lenders when you ask for a second payday loan in spite of not having paid the earlier one. Still, there are a good number of payday lenders who can get you another loan even when you already have one.

Yasna Yoldi

Reviewer

Can I get a loan with no bank account?

It's possible to get a loan without a checking account. Your main options are auto title loans, pawn shop loans and bitcoin loans. But you might want to reconsider your bank account options before you apply.

Eresvita Jobard

Reviewer

Does Money Tree do payment plans?

If you are unable to pay your loan when it is due, Moneytree offers a payment plan for payday loans and signature loans. There is no charge to enter into the payment plan. You can obtain additional details by contacting Customer Service at 1-800-745-1011 or by visiting a Branch.

Prudenci Belikov

Supporter

Do they run your credit for a payday loan?

Payday lenders don't run a credit check before approving loans. Since a payday lender won't run your credit when getting approved for a loan, taking out a payday loan won't necessarily affect your credit. Instead, payday loan companies use your income verification as their credit check.