subject: Cash Advance-repay On Your Next Payday [print this page] Whenever you are in need of urgent cash to fulfill your demands, you should go for cash advance loans. These loans provide you financial assistance without any hassle. Through this instant cash, you can meet all your requirements such as medical bills, library bills, grocery bills, debt consolidation, and house renovation and so on.
Cash advance loans are short term in nature. You can avail the amount ranging from $100 to $1500 with the help of these loans. The repayment term of these loans is of 14 to 31 days. This means you can pay back when you will receive your next salary. But, if you are unable to pay back on time, you can inform the lender before. He will extend the time and some extra fee will be charged.
These loans are beneficial for people having bad credit scores. There is no credit check involved and there is no verification of credit history. These loans are unsecured in nature. This means, you are not required to pledge any asset or property as a collateral security against the borrowed amount, which is a plus point for the tenants and non homeowners. Because of the short term nature, lenders charge higher rate of interest than the other loans. So, you should search and compare different price quotes of the lenders over the internet.
There are certain conditions which are required to be fulfilled for the application of loan, which are as follows:
Borrower must be 18 years old.
Borrower should be a US citizen.
He/she must be working permanently.
He/she must have a valid bank account in his name.
To get these loans fast, you can apply for these loans over the internet. You just need to fill an online application form. Lender will verify the information and after the approval, the loan amount will be transferred to your account within 24 hours.
