Frequently Asked Questions

What will my interest rate be?

Flex Loans have a standard Annual Percentage Rate of 24%. We also charge a "customary fee". The "customary fee" is billed at a daily rate of up to 0.7% of the average daily principle balance. The Annual Percentage Rate and customary fee can total up to 279.5% yearly.

Can I pay off my loan early without being penalized?

Absolutely! We encourage you to pay more than the minimum payment, so you are able to pay off your loan sooner.  You can pay off your loan early without being penalized, and we will keep your credit line open, allowing you to receive a cash advance in the future.  Remember, you only pay fees and interest on the money you borrow, for the time you have it.

When will my loan payment be due?

Your payment will be due once a month. Your first bill will be due approximately 25 days after the origination of the loan. As a courtesy, your first bill will be a partial bill, requiring you to only pay your state mandated Principal Reduction. From there on, you have the option to pay the minimum payment or you may pay an additional amount, which will help you pay off your balance sooner. There are never any late fees. As you pay down your balance, you will be able to withdraw more cash, up to your current credit limit.
(Cash It In, LLC reserves the right to lower any credit limit, at any time, at its sole discretion)

What is the difference between a Flex Loan and a Title Loan?

A Title Loan or Title Pawn is a 30 day agreement.  At the end of the 30 days, you must pay ALL of the fees and interest and "renew" the loan for an additional 30 days.

Unlike a Title Loan, a Flex Loan is an open line of credit. This allows you to come back at any time for a cash advance, up to your credit limit, without reapplying. With a Flex Loan, you are in control.  You only pay for the money you borrow and only for the time you have it.

( Unused lines of credit may become dormant after 6 months. )

Can I increase my credit limit?

Sure, once you have established a history of on-time payments, we are happy to review a credit line increase.

What if I already have a Title Loan?

Perfect.  At Cash It In, we are here to help you get out of the title pawn vortex! If you currently have a Title Loan, stop by our retail location at 9218 Dayton Pike in Soddy Daisy, Tennessee and let's see if we can get you a better deal.