What is a Cash Advance loan?
Cash Advance loans are also known as Payday loans. They are usually a small emergency loan that is around the $500 mark. You'll need to wait a short duration of time to be approved but once this is done the cash is automatically wired direct to your account within 24 hours. The person that borrows the loan is required to pay the money back on the next pay period. You can qualify for a payloan loan if you are a U.S. Citizen that earns over $1000 a month.
It's easy to get approved. There're no credit checks or any other research into your financial history. Requirements are simple, you must:
- Be a U.S. Citizen
- Have an active checking account
- Be employed for over six months
- Make over $1000 a month
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