Cash Factory USA
Cash Factory USA is a financial services company based in Las Vegas, Nevada, which was founded back in 2012. It is a privately held company, which helps meet short-term cash requirements of people in the state. Although locally owned and locally operated business, it also lends money online in many states through its website. The offerings of the company include installment and payday loans, which it provides to people and parties it deems eligible based on a set of criteria, some of which may change over time. The company has between 51 and 200 employees on an average.
The term “payday loan” refers to a form of short-term borrowing. This would generally be repaid by the borrower when they got their next wage. The “payday” part refers to the day on which the person gets paid at work. So basically, a short-term loan is typically due on the borrower’s next payday. There are many companies that are into the payday loan space, and Cash Factory USA is one of those. It also offers competitive rates on both payday and installment loans. Often, borrowers who lack established credit, turn to a payday loan because they face a dearth of alternatives.