What is Cash Advance?
A cash advance provides you with emergency cash when you need it most ... usually between paydays! Simply complete our fast two-minute online application; there are normally no documents to fax. Just complete your application, speak to one of our loan agents and your cash could be on the way, usually the next business day!
The loan is typically given in cash and secured by the borrower's post-dated check that includes the original loan principal and accrued interest. The maturity date usually coincides with the borrower's next payday. On the maturity date the lender processes the check traditionally or through electronic withdrawal from the borrower's checking account if the borrower does not first repay or service the loan in person. Some payday lenders require the borrower to bring pay stubs for a prescribed period leading up to the current week in order to insure that the borrower has a steady source of income and is likely to be able to cover the check if cashed.
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