Friday, September 19, 2008

Cash Advance Service

Cash advance services provide a short-term, quick solution to your personal financial needs by extending cash based on your future income without credit checks and prolonged application processes. Whether you experience an unexpected financial setback through a sudden illness, a breakdown of a home appliance, or an immediate educational need for your child, this kind of service can help you through some rough times until you are on your feet again. If your budget is particularly tight, cash advance services can extend a helping hand until your next payday giving you time to find a more long-term solution to your financial needs.

There are several options available to the applicant through cash advance services including the two most popular which are payday advances and personal check advances. The payday advance allows you to receive cash based on a percentage of your monthly income. The amount available to you will be dependent on your monthly income proven by previous paychecks stubs. The more your monthly income, the higher the percentage of that income is allowed for an advance. The principle plus percentage is usually automatically withdrawn from your account by the cash advance source at the contracted date. Other payback choices may apply.

The second option is a personal check advance for which almost anyone can receive approval from a cash advance service if you can provide your bank statement showing a consistent balance. You can write a personal check for an approved amount and receive your cash advance while the service source holds the check for an agreed upon amount of time until it is then cashed. This option provides a way for you to make ends meet until you can replenish your bank account. Usually the same arrangement of automatic withdrawal for payback to the cash advance company applies to this cash advance option as well.

Cash advance services have varying requirements to receive a cash advance. Most of these services require you to be 18 years of age, provide official ID, work full-time, and use direct deposit for banking. Applications to cash advance services can be made online or by fax to most cash advance sources. Approval is usually quick allowing the entire application process to be completed within minutes if processed online. Your cash advance is then either wired to you or mailed if you prefer. Wiring the cash transaction speeds the process and you may receive it within 24 hours.

Check out the many options that this kind of financial service provides if you need that between payday boost. These services have varying fees, services, application requirements, repayment policies and other options of individual interest governed by each state. Always thoroughly investigate the options offered by any cash advance company and wisely determine how they may best serve you! "A wise man will hear, and will increase learning; and a man of understanding shall attain unto wise counsel." Prov.1:5

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