| Home | Free Articles for Your Site | Submit an Article | Advertise | Link to Us | Search | Contact Us |
This site is an archive of old articles


vertical line

A Fast Cash Advance Can Help In An Emergency

Not all of us make huge salaries. And not all of us have access to "traditional" forms of credit. But all of us have financial emergencies. The problem is that those of us who don't take home tons of dough, and who don't have banks dying to lend us money have a hard time finding cash in an emergency. If you have trouble making ends meet each month, and then face an unexpected bill or emergency, what can you do? You may not have enough in savings to help you out. Most of us don't save for a rainy day or have enough extra money to tide us over until the next payday. You may need a fast cash advance to help you out until you are able to get back on your feet again.

But, be careful. There are plenty of shady lenders out there who would love to take your money. You even need to be wary of the so-called "reputable" lenders. The terms of a quick cash advance or payday loan are very steep. Make sure you read the fine print very carefully before you agree to a loan. In particular, make sure you know exactly how much, and when, your loan is due. Also, make sure you know what the lenders policy regarding "renewals" or rollovers is.

A quick cash advance is a very short term loan. You walk into an office that offers cash advances such as Cash Advance America, and apply for the loan. There is no credit check, but you will need a driver's license, a recent check stub and a recent bank statement in order to qualify. You will also need a list of references for them to use in case they cannot get in touch with you. You sign a check written to the company in the amount of the loan. The main headquarters of the cash advance company will send them the amount that you are qualified to receive, and then they will give it to you. That is the entire process.

If you need cash until payday for an unexpected bill or an emergency, then you need to know what to do and where to turn. You may need a payday advance to help you come up with the money you need fast, but you need to know how the fast cash advance works before you agree to sign the papers and receive the money. The first big fact is that you are going to be charged around twenty percent interest. You may find yourself being forced to continuously take out another loan to make it through the month.

Most cash advance loan services require that you come back in person to take care of the check. If you do not, then they will deposit the check and you may find yourself unable to take out another loan until that check has cleared the bank. This can be a problem if your paycheck is just enough to cover the loan. What are you going to do now for your living expenses until payday rolls around again? A fast cash advance has a lot of stipulations attached to it, primarily how quickly the loan must be paid back. Think about those stipulations and the interest rate before making a hasty decision.

Submitted by:

Kurt Lehmann

Kurt Lehmann writes financial services articles including articles about faxless payday loans, payday loans in and ChexSystems removal




ARTICLE CATEGORIES

Auto and Trucks
Business and Finance
Computers and Internet
Education
Family
Finances
Food and Drink
Gadgets and Gizmos
Health
Hobbies
Home Improvement
Humor
Kids and Teens
Legal
Marketing
Men
Music and Movies
Online Business
Parenting
Pets and Animals
Politics and Government
Recreation and Sports
Relationships
Religion and Faith
Self Improvement
Site Promotion
Travel and Leisure
Web Development
Women
Writing



http://www.articlesurfing.org/finances/a_fast_cash_advance_can_help_in_an_emergency.html
Copyright © 1995-2016 Photius Coutsoukis (All Rights Reserved).