What is a cash advance loan?
A payday loan, or cash advance loan, is a short-term loan with normally no credit check required. With a payday loan you can borrow up to $1,000 to help you deal with any financial emergency. Payday loans are meant to be short-term loans and are designed to be repaid within one or two pay periods. Payday loans can be very costly — they are known as emergency loans for a reason. Borrowers should use them with caution and pay the amount back as soon as possible. These loans are usually priced at a fixed dollar fee, which represents the finance charge to the borrower. Because the loans have such short terms, the cost of borrowing is very high. In return for the loan, the borrower usually provides the lender with a pre-dated check or debit authorization. Payday loans can be a good tool for quickly and easily borrowing cash during an emergency if you don’t have other financial options. For example, you might use a payday lender for an immediate and temporary financial need such as a medica
A cash advance loan is a small dollar amount, short-term loan designed to help you meet your financial needs until your next payday. In essence you are making out a check for the advanced loan amount, plus a fee, to be held until your next payday. Cash Advances are also known as payday advance, payday loans, cash loans, fast cash, fast loans, bad credit loans, or a deferred deposit loan. The names are different but the purpose is the same, to help you meet short-term, unexpected expenses. PaydayLoanZone.com was designed to help you find a short-term lender. We submit your completed application to our network of lenders designed to find a lender who is most likely to approve your loan. By searching for a payday loan through PaydayLoanZone.com, you can be certain that your application has been security submitted to experienced cash advance providers.
