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What is a Cash Advance or Payday Loan?

cash advance payday loan
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What is a Cash Advance or Payday Loan?

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A cash advance or payday loan is an unsecured, short-term loan that covers unexpected expenses until your next payday. You simply write a check for the fee and the amount you want to borrow, and we advance you the cash you need. We hold your check until your next payday, at which time you can come in and pay back the advance.

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A cash advance provides you with emergency cash when you need it most … usually between paydays! Simply complete our fast two-minute online application; there are normally no documents to fax. Just complete your application, speak to one of our loan agents and your cash could be on the way, usually the next business day!

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— What can a payday loan be used for? You can use the money for whatever you like. Typically, payday loans are used to pay a bill or make a purchase that must be made within a few days. Payday loans are intended as a short-term financing solution for cash flow problems, and should not be used as a long-term solution. top of page — How long does it take to get approved? After you fill out the online application and sign and fax the required documents we will begin to evaluate your application immediately. We will have an answer for you as soon as possible – often the very same day.

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