Cash Advance Loans Reality Check

Payday loans, or what some people refer to as cash advance loans are a booming business that allows working people to get a short term loan usually from around $100 to $1,500.00. The way it works is that these companies will loan you the money that you need until your next payday. These cash advance loan companies can be very helpful for someone who immediately needs cash due to an emergency. For instance, if the car breaks down and you can't afford to fix it at the moment until your next pay check comes in but need to get to work the rest of the week. Or maybe you have a credit card that needs to be paid right away and you don't want to be late on it; a cash advance loan can be just what you need!

These pay day loans can be very handy when used responsibly but caution needs to be taken. It is not good to be taking these cash advance loans out too much. For example, you don't want to get caught living ahead of yourself and find yourself getting these loans every single week. You will be paying interest charges every single week for these loans!

If you are responsible though and need a pay day loan, I will advise a company that is the best that I have found out there. The name of the company is discountadvances.com and they offer a very low interest charge for first time customers. They will only charge you $8.75 for every $100 you borrow. Go ahead and check out some of the other companies rates and you will see what a great deal this is. I usually don't recommend companies to people but I really hate to see people get ripped off by some of the shady cash advance companies out there.  Don't worry if you have bad credit or anything like that, that is irrelevant when getting a payday loan from this company. There are a couple of things to be eligible though, you must be employed and have a regular income + you must have a checking account. The money will be deposited directly into your checking account the very next morning after you apply and get accepted.

If you're ready to get the loan that you probably needed yesterday, you are going to want to check them out. If you are employed and have a bank account, chances are that you qualify. I also have to mention that the company also offers personal loans. Personal loans will have higher amounts and will have a longer payoff time. Usually the personal loan will have to be paid back in full within three months. I've included a link below for you.