Short Term Cash Advance - Answers to Important Questions
Short Term Cash Advance - Answers to Important Questions
What type of people get a short term cash advance? Is it those that need cash in an emergency? Well, this is probably what most people think. This is true to some extent, but there are other reasons why a person would apply for this loan.
Why do people get this loan?
People do get this loan for emergency needs, but they also get it for business, vacations and for family needs.
What are the security procedures?
Most of these sites use SSL security. It involves them placing a lock on site secured pages, where customers enter their sensitive information. There will also be an "https" at the beginning of the URL in the address bar of that page.
Is there an application fee?
No. There are no application fees associated with your loan.
How much is the interest?
Interest can be any where from 10 to 20%. The loan company decides exactly what to charge you, based on the amount you borrow. The information you put on your application is reviewed and also considered.
How can I compare this loan with others?
You can go to Google and do a check online. Make sure to type in keywords that are targeted to the type of search you are doing. A good way to do this is by putting your keywords in quotes.
Is my personal information shared with other agencies?
No. Your information is not shared with other companies. This would cause a major distrust between the loan company and you the borrower.