Is_An_Instant_Cash_Advance_Really__Instant__

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					Is An Instant Cash Advance Really "Instant"?

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375

Summary:
Instant cash advances aren’t really “instant,” but they are quick. Within
a matter of minutes you can have a response to your application with cash
in your account hours later. These types of companies also automatically
deduct your payment, so you don’t have to worry about writing checks.

Fast Application Process

With “instant” cash advance companies, you application is processed
online. By verifying your information with databases, they can respond
within minutes to y...


Keywords:
payday loan, cash advance, emergency cash


Article Body:
Instant cash advances aren’t really “instant,” but they are quick. Within
a matter of minutes you can have a response to your application with cash
in your account hours later. These types of companies also automatically
deduct your payment, so you don’t have to worry about writing checks.

Fast Application Process

With “instant” cash advance companies, you application is processed
online. By verifying your information with databases, they can respond
within minutes to your request for cash. You don’t need to fax in
documents or other paperwork. But if there is a glitch in your
information, like a misspelled street name, then a person will need to
review your documents, which can cause a delay.

However, 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 verify the information.

Quick Cash

“Instant” cash advances are deposited directly into your checking
account, usually overnight. There are no checks to cash or lines to wait
in. And you don’t have to wait for a check to clear before withdrawing
money. It could be easier.

Easy Payments

You also have easy payment systems with these companies. When you apply
for your payday loan, your lender will set up a payment plan. You can
choose to have all or part of the loan paid on your payday. Ideally, you
want to pay the entire amount for the least amount of finance fees.

When the payment is due, your lender will deduct the amount from your
checking account. You don’t have to worry about sending in a check. But
if you do want to change the payment amount after your application, you
can contact the company to arrange terms. You have both flexibility and
convenience.

Near Instant Shopping

While “instant” cash companies can offer you fast service, you can also
quickly compare fees and terms online. Many companies can offer you fast
service, so don’t go with the first offer. According to the federal law,
all financial lenders have to disclose their APR before you submit an
application. Most of the time you will find the rates listed under “fees”
or “FAQ.” Otherwise, request rate information before applying.