ABC Cash Advance

ABC's to getting a cash advance


Advance Loans With No Credit Check

If you are searching for someone who can help you with short-term advance loans, we can help you to get the money that you need today. If you can come to our office today long enough to fill out an application, there is a good chance that you can leave with a check in your hand. We want to do whatever we can to help you get back on your feet no matter what the reason is. It seems as if people just don’t make enough money to support themselves these days. This is why they turned to payday advance loans. If you need a cash advance today, you also have the option to apply online. Keep in mind that this method may take a little longer to get your money because you will have to wait on the bank to do a direct deposit. However, a cash advance online is definitely going to be more convenient. You can apply any time 24 hours a day seven days a week. We may not get back to you until the weekend is over. If you are okay with waiting, we can help you. Before you decide whether or not you are going to apply for advance loans, make sure that you can meet the qualifications. For example, we will expect you to provide a proof of income. This is generally a pay stub. We will also ask that you bring in a bank statement. If you don’t have this information, you can always print it from the website of your bank. And last but not least, we will expect you to have a current driver’s license. If you can meet these three requirements, we will be able to better assist you. Keep in mind that you are going to have to spend countless hours in our office waiting for a credit approval. Instead, you can be approved in as little as 15 minutes. The reason behind this is because we aren’t going to do a credit check. Everyone who does business with our company receives the same interest rate. This is… Read More

Payday Cash Advance Loans-What Consumers Must Know

A payday loan or payday cash advance is a short term, unsecured loan. In many situations, this type of loan though isn’t associated with a person’s paycheck and the lender doesn’t link the loan to the borrower’s payday. Lenders use the person’s past payroll and employment records to determine if the funds will be advanced which is where the loan got its name. Most countries now regulate payday loans and, in the United States, most states have laws, rules and regulations concerning loans of this type. These laws and regulations and laws are designed to prevent excessive and unreasonable interest rates. Lenders do charge more for advance loans as the lender takes on more risk when providing funds in this manner. The estimated default rate on payday cash advance loans runs at 6 percent, according to an article entitled “On Poverty, Interest Rates and Payday Loans” published in Another study, entitled “The Profitability of Payday Loans”, estimates payday lenders lose approximately one-quarter of their annual revenue to defaults. Some lenders do differentiate between cash advance and payday loans. For those lenders which do, a cash advance is a loan which must by paid within a specified time frame, typically one month. A payday loan at these lenders must be repaid with the next paycheck. Most lenders now use these terms interchangeably though and the Federal Trade Commission considers them to be one and the same. How Does the Loan Process Work for a Cash Advance or Payday Loan? When an applicant requests funds from a payday lender, the applicant must typically provide some form of employment verification, such as a paycheck stub or a letter from the lender verifying employment. Some lenders accept bank statements as a form of employment verification. Each company determines what must be used to prove employment so consumers need to ask before applying to ensure the necessary documents can be produced. The borrower may either visit a storefront location or turn to payday advance loans online. During the application process, the lender provides information about the terms and conditions of the loan and the… Read More