An indirect payday loan service that connects you to a network of various lenders, from which you can then select the right loan for you.
CashAdvance is another indirect payday loan service that works with a large group of payday lenders so as to provide you with the right loan to suit your individual situation. Once applied for, you will receive loan offers from a range of different providers, who will able to furnish you with a loan regardless of your credit rating or past payment history – in fact, CashAdvance will not even consider or even request such information. Whether you have bad credit or even good credit, you can qualify to receive an immediate payment of funds direct to your bank account as soon as the following business day.
There are however some stipulations that CashAdvance will imply when it comes to applying for a payday loan. The first of these is that you must be at least 18 years old and a valid citizen of the US. Secondly, you must be employed in the same job for at least 90 days and earn an income of at least $1,000 after taxes. Finally, you must be able to provide details of a checking account under your name, so that the loan can be paid directly into the account should your application be successful. If you tick all the boxes, and after having submitted a loan request online, you will receive offers from various payday lenders. Then, you can decide to pick one of these or simply cancel the request and walk away.
Since CashAdvance is not a direct payday lender, the APR (Annual Percentage Rate) is not actually viewable until after you have applied, though the website makes it very easy to work out what you will owe with a range of simple calculators. Loans range in size from $100 for small expenses to $1,000 for slightly larger ones. The APR for short-term loans starts at around 200%, but could rise to over $2,000 depending on a number of different variables. CashAdvance boasts one of the biggest network of lenders in the nation, meaning that it is equipped to match your needs and budget with the best lender for you. Applying for a loan takes around 5 minutes, and you will receive a response to your application right away.