FAQs

NHCash.com considers your credit score alongside dozens of other factors about you when evaluating your application. We provide lines of credit to consumers with various types of credit/FICO scores; and do not have a minimum credit score required for approval. This allows the opportunity for customers with no credit, as well as customers who may not have great credit, to be approved.

NHCash.com currently provides lines of credit of up to $2000. Average initial line size between $250-$500. Demonstrating a record of positive payment performance may entitle you to credit line increases up to the maximum line size of $2,000.

The rates and fees for the lines of credit issued are specific to your state of residence. Specific details regarding your state’s rates and fees will be displayed on the application and relevant agreement disclosures.

For an application to reviewed and underwritten, applicants must:
– Be at least 18 years of age
– Reside in one of the states we currently do business in [Kansas, Utah, New Hampshire, Wisconsin, Idaho, Delaware, Tennessee, Michigan and Colorado]
– Have a qualifying checking or savings account that has been open for more than 30 days
– Have a steady source of income (Self Employed, Social Security and Disability are also acceptable sources of income)

Once applications are completed and submitted for underwriting, lines of credit can be approved in minutes.

Once your application has been approved, you will receive a funding email to the email address you provided on your application. It’s important to make sure your preferred email address is correct on your application as it will be used as a primary method of contact. If you are a new applicant, be sure to check your spam folder for communications from us.

Applicants typically receive their lines of credit within 1 business day. Customer applications approved Monday-Friday before 6:00 pm EST can expect to receive deposits into the selected account on the next business day. If your line of credit is approved on Friday after 6:00 pm EST, or on a Saturday or Sunday, the funds will be deposited the following Monday. (Please note, holidays may affect actual deposit days).

Yes! NHCash.com can deposit your line of credit into any qualifying checking or savings account you prefer.

NHCash.com currently only issues your line of credit into a qualifying checking or savings account for you to access at your convenience.

NHCash.com uses your qualifying checking account or savings account to deposit your line of credit so you can use it like you would use any cash in your account. Use it to pay for groceries, gas, utilities, pets, and emergencies, etc.

NHCash.com offers lines of credit to consumers with a steady source of income, which includes self-employment.

NHCash.com needs your banking information to ensure that the account provided is valid and currently active in order to expedite the review process. Not every bank account can accept remote deposits or allow for the deduction of payments.

We use BankLink to help expedite the application review and approval process. BankLink allows NHCash.com to verify and authenticate your bank account information to ensure that you are the proper recipient of the funds being deposited. NHCash.com does not store your bank account username or password. All the information submitted is encrypted and secured using 256-bit encryption which is one of the most secure encryption methods used by the leaders in the banking industry today.

Payments for your line of credit can be automatically deducted from your banking account or debit card on or near your payment due date. Only your minimum payment will be deducted from your account unless you make alternative payment arrangements with us or make a different payment in your MyAccount portal. Your minimum payment due can be found on your periodic billing statement which will be sent to the email address you provided on your application. Please note, your minimum amount due shown on your statement may not reflect alternative payment arrangements that were made on or after the periodic billing statement was created and sent to you.

Since NHCash.com offers open-end revolving lines of credit, there is no set pay off date. Unlike traditional loans, our lines of credit can be kept open for as long as you would like. By only making the minimum payment due, it will take longer to pay down your balance.

One of the biggest benefits of an NHCASH.COM line of credit is that eligible customers can get access to credit limit increases and additional cash drawdowns.

When an eligible customer wants to receive additional cash, they should log into their MyAccount to review their available credit. If the customer does not have enough available credit, they can request a credit limit increase. Customers can request credit limit increases after six on-time payments on the initial cash advance. Credit limit increases allow customers to increase their available credit so they can borrow more funds beyond their initial cash advance.

If a customer has sufficient available credit and has made at least 5 on-time payments, they can request an additional drawdown on their line of credit in the MyAccount portal.* Once the request for a drawdown has been submitted and approved, funds will be deposited into the qualifying checking or savings account of the customer’s choice.

Yes. You may pay off your line of credit as quickly as you would like and there are no pre-payment penalties associated with doing so. However, we highly recommend keeping your revolving line of credit open so you have continued access to cash when you need it. Additionally, maintaining a credit account in good standing for a long period of time has been shown to significantly improve credit scores.**

Yes. Like having a credit card, you will receive a periodic billing statement for your line of credit. Your statement will consist of your current balance, minimum payment due, and payment due date, as well as additional information regarding your account.

If you are unable to make your scheduled payment on time, please contact our customer service department at least 3 business days before your payment is due, and we will work with you to find a solution.
Our customer service team can be reached by email at loans@nhcash.com or by phone at 1-888-642-2740

When you apply for a line of credit with NHCash.com, we must pull your credit in order to provide you with a line of credit offer.

Yes! NHCash.com reports your payment history to major credit bureaus like TransUnion®.

Opening a line of credit, paying your account on time, maintaining a low credit balance, and keeping your account open may help you establish and build your credit.