TopConsumerReviews.com
      October 22, 2017

Home  >  Cash Advance  >  Articles

Your Information Is Secure
Personal Loan Tips Newsletter

Latest Reviews

Baby Cribs

Credit Card Consolidation

Graduation Invitations

Gutter Guards

Hair Care Products

Installment Loans

Makeup

Reverse Mortgages

Tickets

Web Hosting

 

Related Articles

Cash Advances Offer Fast Cash When You Need It

Fast Cash Cash Advances vs Traditional Loans

Cash Advance FAQ

The Benefits of Cash Advances

Applying for Cash Advances Online

How to Find Lenders Specializing in Cash Advances

Reasons Why You May Need a Cash Advance

Cash Advances and Your Credit

Tips for Getting and Repaying a Cash Advance

 

Top Consumer Reviews Articles

TopConsumerReviews.com provides unique articles that you won't find anywhere else on the internet. These articles are designed to help you make the most informed decisions possible.

Cash Advances Offer Fast Cash When You Need It

Often referred to as a cash advance, cash advances are designed to provide fast cash in exchange for the borrower’s promise to repay the balance upon their next payday. Whether it’s an unexpected car repair, a doctor visit or simply a time when funds are a little tight, cash advances may be a short term answer to your problem.

Because they do not typically involve a credit check, cash advances are available for those who have past credit problems. Rather than focusing on the past, payday lenders look at your current situation and your ability to repay the loan. As such, you must have a steady job and a guaranteed paycheck in order to qualify for cash advances. Generally, these types of loans are not available to those who are self-employed or otherwise have unpredictable work schedules.

Upon an approval for a cash advance, you will be given cash directly by the lender. In return, you will commonly be asked to provide a post-dated check, written for the date of your next payday, for the amount of the loan. In some cases, you will be required to consent to an automatic debit from your bank account on a specific date. Unless other arrangements are made, the lender will cash the check that you provided or debit your account on the agreed upon date. In some cases, cash advances may be extended upon approval by the lender. This means that, instead of cashing the borrower’s check, the loan would simply roll over for another specified amount of time. In exchange, the borrower would pay interest and possibly additional fees for this service.

In a world where so many families are living from one paycheck to the next, it is often life’s unexpected events that cause a financial pinch. When this occurs, it can be very difficult to wait for the next paycheck to arrive. In emergency situations like these, the ability to obtain fast cash when you need it is a blessing. Perhaps it isn’t an emergency, but maybe you have come up short on grocery money, gasoline or the electricity bill is due. Necessities, although a regular bill, often have a way of sneaking up on you.

When seeking quick cash via cash advances, you often need to provide check stubs from your current employer, along with the company’s name and address. You may also be asked to state your length of employment, which will help the lender to determine whether or not your employment is steady. Due to the fact that a credit check is not typically required, verifying your employment becomes a top priority when it comes to cash advances. If you plan to submit an application, you may also need valid photo identification and a checking account.

By their very nature, cash advances are to be used for obtaining fast cash when you need it. By that same token, you should repay the loan as quickly as possible in order to avoid additional fees and interest.

How a merchant cash advance can give your business a boost

It is not unusual for even the savviest business owner to find themselves in need of a quick cash injection. When we think of a business loan, most of us imagine dealing with a big bank and trying to secure relatively large amounts of money. This is fine ...

Published:  Wed, 18 Oct 2017 03:49:00 GMT



Dreamscape Networks cash advance approved to grow company

Web hosting company, Dreamscape Networks (ASX:DN8) has had a $20 million three-year cash advance approved, which will enable it to grow in Australia and Singapore The facility was approved by a major Australian bank and will help the company make further ...

Published:  Thu, 12 Oct 2017 16:38:00 GMT



Pro-independence Catalans make cash withdrawals in protest

BARCELONA, Spain (AP) - Bank customers in Catalonia are withdrawing money from financial institutions that have moved their official headquarters to other locations in Spain amid a political crisis over the region's independence bid. Pro-independence ...

Published:  Wed, 18 Oct 2017 21:00:00 GMT



Nzoia cane farmers want advance cash payment programme

Nzoia Sugar Cane Outgrowers company yesterday demanded an advance payments scheme to help farmers waiting for crops to mature. Company chairman Christopher Sifuna said farmers need cash to survive because cane takes 18 months to mature. "˜'Most of our ...

Published:  Wed, 11 Oct 2017 10:06:00 GMT



Chip Maker Aquantia Advances IPO Plans After VC Cash-Out

This is the kind of news coverage and analysis you can access exclusively as a WSJ Pro Member.

Published:  Tue, 10 Oct 2017 19:59:00 GMT



Trump asks Congress for $4.9 bln loan to help cash-strapped Puerto Rico

WASHINGTON, Oct 10 (Reuters) - President Donald Trump asked the U.S. Congress on Tuesday for a $4.9 billion loan to help the cash-strapped Puerto Rican government ... loan would include a $150 million advance, the administration official said, speaking ...

Published:  Tue, 10 Oct 2017 15:58:00 GMT



Advance cash payments to be paid to families claiming Universal Credit to stop them falling into debt

FAMILIES struggling to pay their bills will be able to get advance cash payments to stop them falling into debt. Universal Credit is a new benefit that is currently being rolled out across the UK. The proposal has support among British people, according to ...

Published:  Wed, 04 Oct 2017 23:52:00 GMT



Share Us!    Share TopConsumerReviews.com on Twitter Share TopConsumerReviews.com on LinkedIn Share TopConsumerReviews.com on Google+ Share TopConsumerReviews.com on Pinterest

Home      About Us      Terms & Conditions      Privacy Policy      Contact Us      Disclosure