A letter from Matt Michaelis, Chairman & CEO, about Emprise Bank's financial stability.
When life throws you a curve ball and you need quick and easy access to cash, there's CashPlease, the affordable and smart way to manage your short-term financial needs.
Why is CashPlease better?
- No credit report review*
- Borrow up to $875 (subject to eligibility restrictions)
- Apply 24/7 with easy online access
- Cash in your account normally within 30 minutes
- Save big on interest and fees compared to payday loans
*Loans subject to underwriting and ability-to-repay determinations.
A better way to manage your short-term cash needs!
See how much you could save with CashPlease as compared to a typical $500 payday loan repaid over a 3 month period:
| Creditor | Annual Percentage Rate (APR)1 |
|---|---|
| Generic Payday Advance Provider2 | 391% |
| CashPlease | 31% |
| Borrower savings using CashPlease® for a $500 loan repaid over 90 days: $405.67 |
| Annual Percentage Rate (APR)1 | |
|---|---|
| Generic Payday Advance Provider2 | 391% |
| CashPlease | 31% |
| Borrower savings using CashPlease® for a $500 loan repaid over 90 days: $405.67 |
1. Annual Percentage Rate (APR) is the cost of your credit as a yearly rate.
2. Generic payday advance provider credit terms are sourced from a Community Financial Services Association of America (CFSAA) report entitled Payday Advance: A Cost Comparison of the Alternatives. Terms depicted assume (i) credit principal at a cost of $15 per $100, a 14 day loan term, and repayment by balloon payment upon maturity; (ii) six “rollovers” of an initial payday advance to sustain the $500 principal for 90 days; and (iii) each “rollover” requires a new $75 payday advance fee. Stated APR is taken directly from the CFSAA report and contemplates a single 14 day payday advance loan.