There are countless reasons why people opt to accept a cash advance. In short, they give the average consumer a quick way to get the money they need without having to go through a bank. Unlike banks where an intensive screening process is required of every loan, even short-term loans, cash advances are unsecured loans that can be quickly obtained.
Since they are easier to get, cash advances are often used for emergency situations. If someone needs to visit the hospital, your car breaks down or you can pay your rent on time, a cash advance is great for short-term problems. They allow you to get the money that you would have gotten anyway from your next paycheck ahead of time. Some people use these loans when they are transitioning from one job to the next, and will experience a lag in payments.
Thinking about obtaining a cash advance? Get the money you need by completing our online application!