Cash advances have increased in popularity over the past few years, especially in urban areas. Also known as payday loans, it’s a relatively simple process to get access to cash securely and quickly, typically within 24 hours.
Application is simple, usually taking only a few minutes. Requirements for most lenders include an active bank account with direct deposit, employment or other steady source of income, US citizen or permanent resident, and minimum of 18 years of age. Time for approval and maximum cash advance will vary by lender and their lending criteria.
Cash advances are helpful for people who are caught between paychecks and need cash to hold them over. They choose advances to cover small unexpected expenses because the loans are easy to obtain and fees are lower than bounced-check/NSF fees that banks charge. They are collateralized against your future source of income (ie your next paycheck).
Although it may be a little intimidating entering a retail location, many lenders also work online. Application and approval is quick, secure and discreet. Loans are automatically paid out of your bank account after your next payday. It’s simple and convenient.
Here are several lenders to choose from:
Faxless PayDay Loans to $1000 with no credit checks!
