Applying for an Instant Cash Advance
A cash advance puts money into your hands almost instantly. Plus, it’s quick and easy to apply. Follow a few simple steps and you can have the cash you need for any financial hardship as soon as the next business day.
If you’re not sure about what cash advance loans are or how to apply, review the following answers to the most common questions asked about these loans.
What is an instant cash advance?
It’s when a lender advances you cash now against a future paycheck or paychecks. You apply, receive loan approvals, and choose the one you like best. When you agree to terms, the lender deposits the money into your bank account.
What are the qualifications?
You need two things to get approved – a job with a consistent paycheck and an active bank account. You must also be 18 or older.
What about my credit score?
Most lenders do not look at your credit reports or scores. So if you have a bad or poor credit rating you can still qualify. Our lenders know that many borrowers face credit challenges and they have a way to evaluate your creditworthiness without the use of credit scores.
What other information do lenders need?
Just the basics, like name, address, phone number, and driver’s license number. You’ll also fill in if you own your home or serve in the military. Of course, you’ll also need to know the amount of money you want to borrow.
How much can I borrow?
Typically, loan amounts start at $100 and go up to $1,000 or even $1,500. The amount you can borrow is based on state regulations, your monthly income and lender lending limits.
How fast can I get my money?
In many cases, you will get your cash the same day or the next business day. It depends on what time you apply, how quickly you review and choose a loan approval, and provide any paperwork, like a paystub or banking account information the lenders requests.
How do I get the cash?
Your preferred lender transfers the money to your bank account electronically. Once you receive the cash transfer you can access it immediately from your bank account.
Is the application process secure?
Yes. You’ll use a secure application to transmit your information to the lender. So you can rest easy knowing your personal information is only viewed by those making the lending decisions.
How do I know if I get approved?
After, the lenders review your information, you’ll receive an email detailing the terms of the loan and any other documentation needed. This may include requests for a paystub or proof of your identity. Lenders typically communicate with you through email or by phone.
How many loan offers will I get?
It depends, but the beauty of lenders competing for your business is it gives you the best loan terms and interest rates. The more offers you get, the better chance you have to find the best and least expensive loan for your situation.
Great, anything else I need to know?
We’ve worked hard to assemble a top-notch group of lenders, but you still need to review your loan offers carefully and ask questions about anything that isn’t clear to you. A reliable lender will be happy to answer your questions before you agree to the loan. If you are uncomfortable in any way, simply move onto the next lender until you find one you like working with.
How do I get started?
Go here to fill out the secure application and start receiving cash advance approvals today.
Remember to handle your cash advance responsibly
Applying for your advance is just the beginning. After you receive your cash, make sure you meet all payment obligations on time. This reduces the overall cost of the advance. Some lenders may give you a longer payback schedule so pay close attention to the terms of your loan. Also, consider ways you can save or make extra money to make the necessary payments. Consider cutting back on some purchases or working extra hours or a part-time job until you pay the loan back.
Also, be aware that lenders may report your loan to the credit bureaus. If you pay on time, this shows the credit reporting agencies you can credit and handle it responsibly. This can put you in a better position for a lower interest rate next time you need money. On the other hand, if you pay late or default, it can lower your credit score and cost you extra in late fees.