< All FAQs

FAQ

Signature Loans

In an effort to create more funding opportunities for more customers, Check City offers a Signature Loan. With this flexible loan option, you can enjoy more freedom and control with the Check City Signature Loan's unique features. 

Here are a few commonly asked questions about signature loans and their answers. For more information, visit or call a nearby Check City store.

What is a signature loan?

A signature loan is a kind of payday loan. It only requires your signature and does not require a bank account, a checking account, or a specific purpose for the loan. 

A signature loan is usually paid in full after an agreed-upon payment term. They also usually have fixed interest rates, meaning your rate won't change during the repayment term.

How do signature loans work?

Check City Signature Loans offer a simple, stress-free process. All you have to do is visit a local Check City store with the required items and one of our friendly Check City Representatives will help guide you through the process.

What are the signature loan rates and fees? 

Check City rates and fees depend on your state. For more information about the rates, fees, and terms visit the Rates and Fees Page for your specific state.

How do I qualify for a signature loan?

You can qualify for a signature loan by using your signature and the following items to help verify your identity. 

  • Verifiable phone number 
  • Verifiable employment (need to prove employment for a minimum of 6 months)
  • Proof of address 
  • 2 verifiable references 
  • Verifiable email address
  • State or Federal ID

Can I refinance?

Refinancing is available for customers who qualify. After your first successful loan payment, you can refinance your loan anytime to access credit that is still available to you.

Can I make early payments?

Yes, customers have the option to make early payments. Customers can pay off the loan amount faster by paying early.

Can I make larger payments?

Yes, customers have the option to make larger payments in order to pay the loan off quicker. For payments that are larger than the scheduled amount due, the extra payment will be applied toward the principal loan amount.

Can I make partial payments?

Yes, customers have the option to make partial payments. Partial payments are first applied to the finance charge and then the principal loan amount. 

The due date will not be extended unless the entire finance charge and the entire principal amount have been paid. A partial payment can be accepted whether the customer is on time or late.

What happens if my payment is late or I fail to make a payment?

If you do not make a loan payment by your due date, we will attempt to contact you using one or more authorized contact methods to arrange for payment. Authorized contact methods may include phone calls, emails, or text messages. 

In addition, we may present any returned payments to your bank in accordance with your loan agreement, applicable laws, and regulatory requirements. If we are unable to reach you or if we cannot collect a delinquent balance you owe, a notice may be reported to credit bureaus reflecting your late payment or nonpayment. 

Such action may impact your credit rating. Pursuant to governing law, we may also seek legal recourse. Some delinquent accounts may be placed or sold to a third-party collection agency that follows the FDCPA. As noted above, late fees and returned item/NSF fees may apply as described in your loan agreement.