TopConsumerReviews.com Best Cash Advances
      July 3, 2020

Home  >  Cash Advance  >  Articles

Best

Cash Advances

  1. Cash Advance
  2. Ace Cash Express
  3. Cash Corner
  4. Honest Loans
  5. Payday Loan Today
  6. Helping Hand Adv
  7. Cash Central
  8. Cash Net USA
  9. My Payday Loan
  10. Securaloan
  11. Large Cash Loans

Your Information Is Secure
Personal Loan Tips Newsletter

Compare Products

  • Select any 2 companies in our reviews to compare them head-to-head!

Latest Reviews

Credit Counseling

Feather Pillows

GMAT Test Prep

GRE Test Prep

Homeschool Supplies

Investment Newsletters

LSAT Test Prep

MCAT Test Prep

Senior Care

Thyroid Health

 

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 and Your Credit

Every day, people struggle with finances and often a little help is all that’s 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.

Need money? Find cash in these unexpected places

You may get a lower rate and more predictability in your payment schedule. However, steer clear of cash advances from your credit cards, since those interest rates can run around 25%, in addition to a ...

Published:  Wed, 01 Jul 2020 06:59:00 GMT



Former Air Force civilian allegedly swiped $1 million cash advance on government credit card

The employee allegedly took $1,100,000 from an Air Force travel expense account and diverted $774,000 for his own use.

Published:  Fri, 26 Jun 2020 15:04:00 GMT



11th Circ. Says Citigroup Cash-Advance Suit Belongs In US

The Eleventh Circuit in a published opinion Wednesday reversed a Florida federal judge's decision to dismiss a cash-advance fraud suit against Citigroup based on the finding it belonged in Mexico, ...

Published:  Wed, 01 Jul 2020 16:48:00 GMT



S.F. real estate startup Sundae raises cash to get piece of home flippers' pie

Sundae provides a marketplace to connect sellers of distressed property to a buyer and also operates as a property investor that will purchase, renovate and resell properties thro ...

Published:  Thu, 02 Jul 2020 13:39:00 GMT



These credit cards offer bonus points or cash back on streaming services

With streaming becoming more of a mainstay in the typical household budget, credit card rewards for streaming services offer the chance to earn bonus rewards on popular services. Credit card rewards ...

Published:  Mon, 29 Jun 2020 12:01:00 GMT



Fintech Company DriverLoan USA Is Providing Potentially Profitable Investment Opportunities Through Its Fast Cash Advance Model

When it comes to financial convenience, every citizen must have equal opportunities. On the other hand, those looking to invest their money also do not find a suitable platform that offers a lucrative ...

Published:  Fri, 26 Jun 2020 18:42:00 GMT



ShopKeep Launches ShopKeep R.I.S.E. to Bring No-Fee, No-Interest Cash Advance Funding to Minority-Owned Businesses

PRNewswire/ -- ShopKeep, a top-rated tablet-to-cloud commerce platform chosen by tens of thousands of independent retailers and restaurants, today announced the launch of ShopKeep R.I.S.E.

Published:  Tue, 30 Jun 2020 09:16:00 GMT



Do Hedge Funds Really Like Meta Financial Group Inc. (CASH)?

We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail ...

Published:  Tue, 30 Jun 2020 09:29:00 GMT



Share Us!   

Home      About Us      Terms & Conditions      Privacy Policy      Contact Us      Disclosure