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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

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.

Fast Cash Cash Advances vs. Traditional Loans

Although cash advances are somewhat like traditional loans in certain respects, there are many differences than similarities between the two. Like conventional loans, cash advances must be repaid according to the agreed upon terms but, seemingly, this is where the likeness ends.

When you think about a conventional loan, you probably think about a lengthy and detailed application, along with a complete review of your financial status and credit history. Following that, a lender will review the application and decide whether or not to approve the loan within several days. Cash advances, on the other hand, offer applications that typically take less than 5 minutes of your time, offer fast results and equally fast cash. In addition, the majority of payday lenders do not review your credit file, which means that an absent, limited or poor credit history will not likely hinder your ability to qualify for cash advances. In most cases, the funds from cash advances are transferred into your bank account within 24 hours.

When it comes to fees, the costs associated with cash advances are often more expensive than conventional loans. Cash advances often include the actual loan amount plus a fee based on the same. Most lenders charge anywhere from $10.00 to $30.00 per $100.00 loaned. In most cases, cash advances are available in amounts up to and including $1,500.00. Conventional loans, on the other hand, are issued with a preset interest rate and no additional fees. Without a maximum loan amount, conventional loans often provide for larger funding.

If you are trying to choose between a conventional loan and cash advances, your first consideration should be the amount of money that you need to borrow. If you need $1,500.00 or less and need this amount on a temporary basis and you have the ability to repay it quickly, cash advances may be the answer you need. If you need fast cash, payday lenders specialize in these types of loan requests.

When applying for cash advances, you will need a checking account, a regular job with steady income and you must be at least 18 years of age. When you apply for a conventional loan, you will still need a job with regular income and be at least 18 years of age, but you may also need collateral for the loan. Depending on the amount requested, you may be asked to provide tax returns, proof of assets and a host of information relating to your current net worth. When it comes to cash advances, your paycheck is your credit and no other collateral is needed to secure the loan.

The type of loan that you ultimately request will depend on a number of factors, including the desired loan amount, current income, ability to repay and the desire to repay it quickly or in payments. Most borrowers request cash advances for emergency purposes, including car and home repairs, doctor visits or simply when they need additional cash to carry them over until the next paycheck.

Lincoln Park police seek help identifying Cash Advance robber

Lincoln Park police are asking for the public to help them identify a woman who robbed the Cash Advance, 2271 Fort St., just before 6 p.m. March 12. The woman is described as black, between 25 and 35 years old and standing about 5 feet tall. She was ...

Published:  Thu, 22 Mar 2018 18:06:00 GMT



ADVANCE AMERICA CASH ADVANCE

2018 will be a difficult year for the industry since there is shrinkage of tenancies. But, 2019 onwards there will be revival and in 2020 we will see significant growth. Banks and corporates are allowed to pay the TDS or the tax deducted at source for any ...

Published:  Wed, 28 Feb 2018 16:00:00 GMT



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:  Tue, 13 Feb 2018 16:00:00 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:  Sun, 16 Jul 2017 00:53:00 GMT



Why You Should Avoid Cash Advances on Credit Cards

It's possible to think of reasons for getting a cash advance with a credit card. Maybe your car is broken down in the dead of night, and you meet a tow truck driver who inexplicably won't accept credit cards. Maybe you owe a guy named Knuckles money ...

Published:  Fri, 11 Aug 2017 13:07:00 GMT



'Cash for Criminals' or an answer to violence Council has decision to make on Advance Peace

STOCKTON - Mayor Michael Tubbs first went public with his interest in a violence-prevention program called "Advance Peace" in early July. Tubbs' critics quickly dubbed the program "Cash for Criminals" and mocked the mayor for championing what ...

Published:  Sat, 06 Jan 2018 14:19:00 GMT



Activehours raises $39 million for its new take on cash advances

Nine months after raising $22 million for its unique take on the cash-advance business, Activehours has gone back to the venture capital well and pulled out another $39 million in financing. Led by Andreessen Horowitz, with participation from the company ...

Published:  Thu, 21 Sep 2017 09:01:00 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:  Sat, 06 Jan 2018 00:19:00 GMT



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