Cash advance loans should be used as short term solutions to make ends meet. If you need $100 dollars up to $1500 dollars this may be the financial option for you.
Things You Should Know
- A cash advance is also know as a payday loan.
- There are no limitations on what you can use your loan for.
- As with any loan you want to repay your debt as fast as possible to decrease the amount of interest paid.
Several Examples of How People Use Their Loan
- Unexpected emergencies
- Car repairs
- Rent payment
- Utility bills
- Food or clothing
- ...and more
Why People Choose Payday Loans
Access to cash fast online and the fact that the borrower can have bad credit is what makes this type of loan so attractive. The borrower can complete an online application in less than 3-4 minutes and sometimes get instantly approved upon completion. It would take several days for this process at a traditional bank and the applicant would typically only be approved if they have good credit.
- You need to be at least 18 years old to apply.
- You need to be employed at your current job for a minimum of 90 days.
- You need to have a take home total of at least $1000 dollars per month.
- You need to have a checking account because this is where your loan will be deposited.
- You need to be a U.S. or Canada resident.
Some of the requirements are in place to protect the lender such as the age and job restrictions. The pay day loan lenders want to make sure you have the ability to repay them and steady work history does that.
When Should You Apply
The cash advance lenders accept applications 24 hours per day 7 days per week which make this the ideal type of loan for emergency situations. Imagine it's 3AM and you're getting ready to end a long night with a hot date when you realize your vehicle has been towed.
With no more money in your pockets what options do you really have?
Option A you could call a friend but it's 3AM in the morning and they probably don't have $250 bucks laying around. Option B would be to take a couple minutes to complete a payday application and most likely get approved if you meet the minimum requirements.
What Happens After I Complete An Application
Once you complete an online payday loan application it will be sent in real time to the lenders. They will review your application and if approved contact you. When the lender contacts you they will discuss the terms of the loan.
It's important that you understand you are not obligated to accept the loan until you sign the loan agreement. When you complete an application it only means you are interested in learning more about the loan. If you don't like the loan terms don't accept it, it's that simple.
First and formost one of the most popular questions we receive is "what does the .ws" on cashadvance.ws stand for"? The .ws means "website" and it's treated just like a .com only .ws is easier to remember becaues it's shorter.
Our main objective is to help you secure a loan as fast as possbile. When you complete an application on our website it's sent instantly to a pool of cash advance lenders we work with. They will review your application and contact you typically within 1 hour or less if they can offer you a loan.