Instant cash advance loans are also payday loans which are short term loans. This is a great option if you're in need of money as soon as possible. If a money emergency comes up such as late bills, car trouble or medical problems than an instant cash advance will quickly give you the money you need. In many instances, the money will be deposited in your bank account the next business day after you fill out the application. The application can conveniently be filled out online.
You won't have to leave your home and wait a long time at a bank. Most cash advance companies have a secure server with a high data encryption so you don't need to worry about giving your personal information.
Another benefit of a instant cash advance loan is most companies don't require you to fax any documents. A cash advance may be for $100.00 to $1,500.00. There are certain requirements you need to meet in order to be eligible for instant cash advance loans. You have to have a regular income of at least $1000.00 a month, a bank account with direct deposit and be 18 years of age or older.
Your credit isn't usually checked for this type of loan so you don't have to worry that you won't be eligible if your credit rating is low. An instant cash advance does need to be paid back when you get your next paycheck. Different lenders have different cash advance processes so do your research and read what they offer before you apply.
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Note: by researching and comparing the Direct Cash Advance Lenders in the market, you will save money by choosing the one offering the cheaper interest rates.
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