Cash Advance Loan – What is it?
Cash advances are forms of short term lending designed specifically to assist consumers in paying all of their monthly bills on time when their wages fall short. Cash Advances, sometimes referred to as payroll advances, payday loans, or paycheck advances are typically lent out in amounts ranging from $100 to $1000.
Cash Advance consumers, just like you, have already found favor in this niche of the short term lending industry. Lenders can, at their discretion, perform credit checks, but having bad credit does not always mean you won’t get approved. Those who have less than perfect credit have a higher chance of approval with a cash advance loan than with traditional lending, which also allows lenders the ability to wire customers the cash faster than applying for loans through more traditional institutions.
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