March 23, 2018

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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 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 and Your Credit

Every day, people struggle with finances and often a little help is all thatís needed to get them back on track until their next paycheck. For some, cash advances may be the answer. Because they often require no credit check, cash advances are ideal for those with little or no credit history. At the same time, they are perfect for someone who may have had credit problems in the past.

Instead of credit, payday lenders are more concerned with your current ability to repay a debt. This means that they will verify your employment and income, but will not typically pull your credit report. In addition, cash advances are not commonly reported to credit bureaus, which means they will not show up on your credit report. If you have concerns about future lenders knowing that you once applied for cash advances, you will be glad to know that it is unlikely.

Although cash advances are not issued based on credit, nor will they commonly appear on credit reports, they must be repaid as any other loan. Because they offer fast cash with very little qualifying, with the exception of steady employment, cash advances do not come cheap. Most lenders will apply fees based on the loan amount and may range from $10.00 to $30.00 per $100.00 loaned. For instance, if you borrow $1,500.00 in payday loans, you may be paying between $150.00 and $450.00 in fees plus the original loan amount. If you request that the loan be extended, and the lender agrees, these fees will continue to roll over as well.

If you would like to access your credit report, you are entitled to request a free copy from each of the three credit reporting agencies on an annual basis. You can either submit your request online, by phone or in writing. In addition, if you are turned down for credit, you will be given a letter of explanation from the lender containing a reason for their decision. The letter will also contain the contact information from the credit reporting agency, which was used during the decision making process. You will have approximately 60 days from the date of the letter to request a free copy of your credit report from the agency listed.

Cash advances are designed to be a short-term fix to a temporary problem. In most cases, they are used when unexpected events arise or the borrower simply falls a little short on cash. Although their fees can be high, they provide many with the instant relief that they so desperately need. When it becomes impossible to wait for the next paycheck to buy groceries, see a doctor or even have your car repaired, cash advances can give you access to quick cash as a quick fix to a temporary financial slump.

Coinbase May Be Refunding Credit Card Cash Advance Fees On Cryptocurrency Purchases

Credit card companies look to reduce their exposure to the crypto market by classifying cryptocurrency purchases as cash advances. Cash advance classification could lead to further declines in demand for cryptocurrency. At least one Coinbase user says that ...

Published:  Wed, 14 Feb 2018 12:15:16 GMT

Advance America Cash Advance robbed

LIMA - Lima police are looking for a suspect who robbed the Advance America Cash Advance at 1100 N. Cable Road around 6:30 p.m. Friday. Police detective Steve Stechschulte says the suspect was a light- to medium-complected black male in his late 20's ...

Published:  Fri, 05 Jan 2018 12:19:02 GMT

Nigeria: Reps Query Labour Ministry Permanent Secretary Over Alleged N45.7 Million Cash Advance

Abuja - The House of Representatives Committee on Public Accounts, yesterday, queried Permanent Secretary of Ministry of Labour and Employment, Mr Bolaji Adebiyi, for information regarding N45.7 million cash advance made to two officers of the ministry ...

Published:  Tue, 13 Feb 2018 06:58:42 GMT

Cash advance store robbed second time in two months

SAGINAW TWP., MI --A cash advance store robbed less than two months ago was held up again Saturday afternoon, and now police have two suspects in custody. Shortly before 2 p.m. Saturday, July 15, police say two people wearing masks and hoods entered the ...

Published:  Sat, 15 Jul 2017 12:53:00 GMT

Pensacola Boulevard Cash Advance Business Robbed

The Escambia County Sheriff's Office is searching for a man that robbed a Pensacola Boulevard business Tuesday afternoon. A black male held up the Advance America Cash Advance near Walmart. Deputies say he walked in and demanded money. It was not ...

Published:  Tue, 11 Jul 2017 15:34:55 GMT

Armed robber hits Fort Myers cash advance store

FORT MYERS, Fla. An armed robber hit a payday loan business Friday morning. The robbery took place just after 10 a.m. at Advance America on 3244 S. Cleveland Ave., Fort Myers police said. A man went inside, pretended to ask for a loan, showed a weapon and ...

Published:  Fri, 17 Nov 2017 03:40:00 GMT

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