subject: Cash Advance Loans: Get Cash For The Urgent Needs [print this page] Many people suffer small financial crises simply because they are not aware of the options that they have. Some decide to sit on their problems till their next payday. Others just ignore their small cash requirements until they snowball into big ones. But when you are faced with an emergency that needs to be dealt with straightaway, you cannot afford to follow in the footsteps of these people. You should hence at that time go for cash advance loans.
Cash advance loans is a short term monetary help. Being unsecured, you dont have to provide collateral or go through the time-consuming procedure of having your assets appraised. So these loans are granted very quickly. Emergencies like car repair, credit card dues, and domestic expenses, utility bills, purchasing grocery or anything at all can be easily encountered.
Cash advance loans can be provided to you when you meet these following criteria i.e.:
1. You are 18 years of age or above
2. You are currently employed or have a regular source of income
3. Your monthly income is not less than 1000
4. You have an active checking account at least three months old.
Unlike other forms of loans, cash advance loans do not require credit checking. So it does not matter whether you have a good credit or a bad one. These loans are free to be applied by any of the borrower who even has bank arrears, defaults, CCJ, IVA, foreclosures, bankruptcy, late payments, and skipped installments and so on.
Cash loans will fetch you any loan amount in the range of 100 to 1500. The repayment term lasts for a period of 14 days to 31 days only. You could get it extended by requesting for a roll-over but you will be charged an extra fee.
Cash advance loans tend to carry high interest rates you should make it a point to shop for comparatively low rates. You can compare the quotes of different lenders through their online sites and select a cheaper one. After selection you can apply for these loans through convenient, simple and free online application.
