Many people find themselves in financial trouble at some point in their lives. Maybe an individual lost his job unexpectedly or made a few bad decisions in a short period of time that had disastrous results. Regardless of the reason for the financial crisis, an instant cash advance may be the answer. It allows you to get the money that you need when you need it so that you can get back on your feet again as quickly as possible.
Consider the following advantages of instant cash advances.
Instead of having to wait six to eight weeks for a lengthy application process, you get the money right away or within 24 hours. Not only is this process valuable but it is also practical.
No restrictions on spending.
While a bank loan has specific guidelines for how the money must be spent, there are no restrictions for a cash advance. From paying an electricity bill to making a final tuition payment for a child’s schooling, you get to use the money where you need it the most.
No credit check.
Have you been concerned that your bad credit score will compromise your chances of getting an advance? It is very unlikely that you will have to complete a credit screening in order to receive a cash advance. Cash advance is considered as a sales transaction, which does not exist on a credit report.
Simple application process.
Typically there is an application process for an instant cash advance but it is short ensuring that you get your money in a timely fashion.
As long as you pay off the advance the next time you get a pay check and do not let the interest build. As the transaction is fast and the amount of cash is small, it is rare that the interest has an extended period of time to grow. You won’t face the high interest rates that you would have with a bank loan or a credit card.