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Getting a cash advance is such a simple and easy process, why is there so much information in the Customer Agreement?

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Getting a cash advance is such a simple and easy process, why is there so much information in the Customer Agreement?

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The Agreement you read and sign prior to receiving a cash advance is a contract that complies with all applicable state or federal disclosure requirements. It fully outlines the terms of the cash advance transaction including the cost of the service fee both as a dollar amount and as an annual percentage rate (APR). Although a cash advance is a short-term financial solution and is not intended as a long-term source of credit, CFSA member companies provide you with the APR as a full disclosure so you have all the information necessary to make an informed financial decision.

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The Agreement you read and sign prior to receiving a cash advance is a contract between you and Approved Cash Advance. The contract complies with all applicable state or federal disclosure requirements. It fully outlines the terms of the cash advance transaction, including the cost of the service fee both as a dollar amount and as an annual percentage rate (APR). Although a cash advance is a short-term financial solution and is not intended as a long-term source of credit, we provide you with the APR in the interest of full disclosure. Approved Cash Advance wants to provide you with all the information you need to make an informed financial decision.

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