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How does it work?
First you select your state and apply online. Completing your application will take just a few minutes. To speed up the loan approval process, make sure you have the following information available:
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Your check book or account information
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Your contact information
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Your monthly income, paystub, or other income verification documents
In Washington, Nevada and California, it is a requirement that we verify income documentation before we finish processing your payday loan application. We have three easy ways to submit your proof of income.
Once your application has been approved, you will receive an email with your approved dollar amount. Then you simply log into your account and select how much you would like to borrow. If you have any questions about payday loan applications or approval process, please visit our FAQ page or call Customer Service at 877.613.6669.
What are your fees?
The fees vary by state. Choose your state below to locate example fees for your area.
When do I have to repay my loan?
Payday Loans are typically repaid on your payday or the following business day. Once you have been approved, you will log into your account and choose a date to repay your loan. Payday loan payments can be made online on our Make a Payment page or at any Moneytree branch.
Is my information safe?
We believe that in selecting Moneytree, our customers expect that we will take great care to preserve their privacy. As financial services professionals entrusted with sensitive financial information, we respect the privacy of our customers and are committed to treating customer information responsibly. Our customer information privacy principles serve as standards for all our employees in the collection, use, retention, and security of individual customer information. We use McAfee and Verisign security software and are fully licensed in each state in which we operate.
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Customer Notice: Payday loans should be used for short-term financial needs only, not as a long-term financial solution. Customers with credit difficulties should seek credit counseling.
Payday Loans FAQ
How does Moneytree determine how much I can borrow?
State laws regulate the amount of money that can be loaned. Within that limit, Moneytree qualifies you to borrow only an amount you can reasonably repay from your next paycheck based on your current income and the information you provide on your loan application. Once your loan limit is determined, you may borrow any amount up to the limit for which you qualify. Your loan limit may change if your income changes or if our ability to contact you changes. To see the loan amount available in your state, please select your state: California Colorado Idaho Nevada Washington
How do I qualify for a loan?
While the requirements vary slightly by state, in general, to qualify for a loan you must have:
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Verifiable source of income (written verification required in Colorado and Nevada)
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Verifiable contact information
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A checking account (California and Colorado only)
To view state-specific loan qualification criteria, please visit your states loan approval page.
What happens if I can't repay Moneytree on my due date?
Occasionally circumstances may arise that change your ability to repay. If this occurs, you may choose to enter into the Community Financial Services Association of America (CFSA) Extended Payment Plan. You may request a payment plan to restructure the payment terms to at least four (4) substantially equal payments. You may choose this option once per 12-month period. There is no charge to enter into the CFSA Extended Payment Plan. You may choose this option prior to the deposit of your current loan. After repaying your payment plan, we may re-evaluate your credit limit to reset it at an amount you can reasonably repay. Additional details about this option are available at any Moneytree branch.
When do I need to repay my loan?
For payday loans, Moneytree typically sets your loan due date on your next payday or the following business day. If you are paid weekly, biweekly, or twice monthly you can choose to repay your loan on any payday within 24 days from the date you are taking out the loan. If you are paid monthly, your loan will be due on your next payday. If your next payday is 9 days away or less, you can choose to repay your loan on the subsequent payday.
Do you offer payment plans?
It is our goal to loan only as much as you can comfortably repay on your next payday. If circumstances arise that change your ability to repay, payment plan options may be available depending upon the state in which your loan originated. Please select your state from the payday loan navigation menu to learn more about payment plan options.
Where are your locations?
Moneytree has branches located throughout California (in San Diego and near Los Angeles), Colorado, Idaho, Nevada, Washington and in British Columbia, Canada. To find a branch near you, enter your city, state or zip code in the “ Find a Branch” field or call 888.604.MONY (6669).
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