Thursday, February 21, 2008

Cash Advance Frequently Asked Questions

Q: I've heard of payday loans described as numerous different terms. What are the differences?
Payday loans are also known as cash advance, short term loans, payday advances, cash loans, fast cash, fast loans, bad credit loans, deferred deposit, and a number of other things. No matter what you call them, payday loans can help get you through a temporary financial difficulty.

Q: I would like to get a payday loan. How do I receive my cash?
The payday loan / cash advance is usually deposited directly into your bank account.

Q: What is the loan approval process?
Once you have completed the application, you may be connected with a lender that matches your needs. Based upon information you provide in the application, each lender will determine whether or not they can offer you a cash advance. If you are pre-approved, you will be forwarded to the lender’s web site. If you are not pre-approved, we will try to present you with an opportunity to apply at another web site for a cash advance or similar product.

Q: I have finished the application. When will the money be in my bank account?
Depending on the lender that you qualify for, the money can be in your account in as little as one day. You will be contacted by email or telephone shortly after you apply with follow-up from your lender.

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