Instant cash advances are not really "instant," but they are quick. You can get a response to your application in just a few minutes, and the money can be in your account a few hours later. Your payment is also taken out of your account automatically, so you don't have to worry about writing checks.
Easy to fill out an application
Companies that offer "instant" cash advances take care of your application online. By checking your information against databases, they can answer your request for cash in just a few minutes. You don't have to fax in documents or other paperwork. But if there is a mistake in your information, like a misspelt street name, a person will have to look over your documents, which can cause a delay.
But most of the time, this process is much faster than driving to a cash store, showing your documents, and waiting for them to make copies and check the information.
Fast Money
Cash advances that are "instant" are usually put right into your checking account overnight. There are no lines to wait in or checks to cash. And you don't have to wait for a check to clear before taking money out. It might be less hard.
Payments are easy
There are also easy ways to pay with these companies. When you apply for a payday loan, the lender will set up a plan for how you will pay it back. You can choose how much of the loan to pay back when you get paid. You should try to pay off the whole amount with the fewest finance fees.
When the payment is due, the amount will be taken out of your checking account by the lender. There's no need to worry about sending a check. But if you decide after you've applied that you want to change the amount you'll pay, you can talk to the company about terms. You have both freedom and ease of use.
Close to Shopping
You can get fast service from "instant" cash companies, but you can also quickly compare fees and terms online. There are a lot of companies that can help you quickly, so don't go with the first one. Federal law says that all financial lenders must tell you their APR before you fill out an application. Most of the time, the rates are written under "fees" or "FAQ." If not, you should ask about rates before you apply.
