Speedy Cash Review

What is Speedy Cash?

Speedy Cash is a payday loan provider that offers quick cash advances and a variety of short-term lending products. They’ve been around since 1997 and serve customers both online and in physical stores across the United States. Speedy Cash is known for its fast service, which is great for people who need emergency funds.

They offer payday loans, installment loans, title loans, and lines of credit. One of the key benefits they advertise is same-day funding in many cases, which can be helpful if you’re in a tight spot. Whether you’re dealing with a surprise medical bill or an unexpected car repair, Speedy Cash aims to get you the money you need quickly.

Types of Loans Offered by Speedy Cash

Here’s a breakdown of the main loan products they provide:

Payday Loans

• Loan Amount: Typically up to $500
• Term: Usually due on your next payday
• Use Case: Great for unexpected bills or emergencies

Payday loans from Speedy Cash are simple and fast. You can usually apply online or at one of their store locations and get approved in just a few minutes. These loans are short-term and are meant to be paid back with your next paycheck.

Installment Loans

• Loan Amount: Varies by state (can be $100 to several thousand)
• Term: Several months to a year
• Repayment: Fixed payments over time

Installment loans are helpful for those who need a larger amount of money and want more time to pay it back. Instead of a lump-sum payment, you’ll make regular monthly payments. Speedy Cash allows you to manage your budget a little easier with this option.

Title Loans

• Loan Amount: Based on your car’s value
• Requirement: Must own your vehicle outright
• Use Case: For people who need quick access to cash and own a vehicle

With a title loan from Speedy Cash, you can borrow money using your car’s title as collateral. This means they hold onto your title until you repay the loan. You can still drive your car during the loan term.

Lines of Credit

• Flexibility: Borrow as needed up to a certain limit
• Payment: Only pay interest on what you use

Lines of credit are great for people who may need money at different times. Instead of borrowing a lump sum, you can take out money when you need it. Think of it like a credit card but without the plastic.

The Application Process

Speedy Cash makes it pretty simple to apply for a loan. Here’s how it works:

1. Apply Online or In-Person
2. Provide Basic Information – including employment details, income, and banking info
3. Get a Decision – sometimes within minutes
4. Receive Funds – same day if approved early enough

This ease of access is one of the reasons Speedy Cash is so popular. For people who don’t want to go through a long, complicated loan process, it’s a good option.

Speedy Cash in Numbers

Let’s take a look at some payday loan statistics to put things into context:

Statistic	Details
Average Payday Loan Amount	$375 (CFPB, 2023)
Average APR for Payday Loans	~391% (Consumer Financial Protection Bureau)
U.S. Payday Loan Users	Over 12 million Americans annually
Speedy Cash Locations	200+ in the U.S.
Average Loan Term	14 to 31 days

These numbers show how common payday loans are—and how important it is to understand what you’re signing up for. Speedy Cash fits within this national trend, providing services to a broad population.

Speedy Cash: The Good and the Bad

Pros of Speedy Cash

• Fast funding – sometimes within hours
• Wide range of loan products – including payday, installment, title, and lines of credit
• Multiple access points – both online and in-store
• Easy application process – most people find it simple to use

Cons of Speedy Cash

• Title loans come with risks – your vehicle could be repossessed if you default
• High interest rates – especially on payday loans
• Not available in all states – check their website for your state’s availability

My Personal Thoughts

As someone who works in the loan industry, I always look at lenders through a customer’s eyes. Speedy Cash has built a name for itself by offering fast service, and that’s something I respect. I’ve spoken with many people who’ve used their services in times of real need—like an unexpected car repair or medical bill—and found the process easy and helpful.

I appreciate that they try to provide transparency about their rates and terms, but I always encourage people to read the fine print. Payday loans can be very expensive if not paid back on time. The high APRs mean you could end up paying a lot more than you borrowed. Still, if you’re in a pinch, Speedy Cash could be the help you need.

What People Are Saying

According to online reviews and sources like Trustpilot, Consumer Affairs, and the Better Business Bureau, Speedy Cash receives a mix of reviews:

Positive Feedback:

• Quick funding times
• Friendly customer service
• Convenient in-store and online service

Negative Feedback:

• High interest and fees
• Confusion over loan terms
• Pushy follow-ups if a payment is missed

Still, many of their customers keep coming back, which says something about their reliability.

“Speedy Cash helped me pay my rent on time when I was in between jobs. The interest was high, but they were upfront about it.” — Real User Review

“The customer service was top-notch. They walked me through every step and made sure I understood what I was signing.” — Trustpilot Review

Speedy Cash Locations and Accessibility

One thing I like about Speedy Cash is how accessible they are. With over 200 store locations in the United States and a fully online platform, you can access their services almost anywhere. This makes it easy for people who may not live near a big bank or who prefer face-to-face service.

They also have a mobile app where you can manage your loan, make payments, or apply for additional funds. It’s great for tech-savvy users who want to stay on top of their accounts.

One area where some payday lenders could improve is in promoting financial literacy. While they do offer helpful services, it would be great to see more educational tools or tips to help people avoid getting trapped in debt cycles. If you’re considering a payday loan, take some time to explore how budgeting tools or free credit counseling can keep you on track.

Speedy Cash and Financial Literacy

In my role at Ready Payday Loans, we put a big focus on financial education. We want borrowers to fully understand what they’re getting into—and we make sure they have the knowledge to make smart decisions. It’s something I think more payday lenders, including Speedy Cash, could adopt.

Tips for Using Speedy Cash Responsibly

If you’re thinking about borrowing from Speedy Cash, here are a few tips I always give to friends and clients:

• Only borrow what you truly need
• Read every line of your agreement
• Make a plan for repayment before taking out the loan
• Use installment or line-of-credit options if you need more time
• Avoid rolling over payday loans multiple times
• Ask about any hidden fees or late charges
• Set up automatic payments to avoid missing deadlines

Conclusion

Overall, Speedy Cash is a legitimate lender with a strong presence in the payday loan market. They’re fast, accessible, and have a good variety of products. Just be sure to read all terms carefully, and only borrow what you can afford to pay back. If you need money in a hurry and have a solid plan to repay it, Speedy Cash might be the right choice for you.

But remember—loans should be a temporary solution, not a long-term habit. Educate yourself, compare your options, and use lenders like Speedy Cash wisely.

Looking for an Alternative?

If you’re searching for a trusted and transparent loan provider, I recommend Ready Payday Loans as a better alternative. At Ready Payday Loans, we focus on customer care, lower fees, and a smooth process from start to finish.

We believe in doing things the right way—no confusing terms, no sky-high rates, just real help when you need it. Whether you need a small cash advance or a flexible installment loan, we’ve got your back.

Check us out at www.readypaydayloans.com and see the difference for yourself.

Thanks for reading my honest review!

— Randy Murrie