Have you ever been short on cash before payday? Most of us have been there. It’s especially easy to lose track of funds with the whacky way online banking runs, not to mention the current state of the economy. Most of us are living paycheck to paycheck, so access to emergency cash is seldom a possibility. Cash advances are a quick and easy way to get a hold of some cash when you hit one of life’s bumps in the road.
A cash advance is a small short term loan on your next paycheck. The terms of a cash advance are simple. An online cash advance lender approves you for a small loan amount, usually between $100 and $1,200. The lender wires the approved amount to your checking account within 24 business hours. The loan is good until your next paycheck. Most customers get paid on a Friday, so the due date is usually scheduled for the Friday when you will next get paid. Those who take out cash advances should be prepared to payback their loan within two weeks. Cash advances are not designed to be a solution to a long-term financial problem. Those who are unemployed are not eligible for cash advances.
As is standard for any loan, cash advances come with a fee and interest. Visit the PaydayLoanZilla website to use our sliders, and get a better idea of what you’ll be paying in fees and interest. How do you get approved for a cash advance? Cash advance lenders have certain requirements: you must be 18 or older, be employed, have a current checking account, and live within the US. Approval is instant on PaydayLoanZilla, so you never have to wait around.
Paying back a cash advance
Paying back your cash advance is easy. After you submit a cash advance application through PaydayLoanZilla, we match you with an online lender. That lender negotiates payment terms with you as a customer. They will establish a due date, which is typically your next payday. Most online cash advance lenders will allow you to pay back your loan online. Make sure to payback your cash advance on time to avoid additional interest.