| Direct Lender | Fax Required | Minimum Monthly Income Required | Checking Account Required |
|---|---|---|---|
| 100 Day Loans | No | $1000 Net | Yes |
| AmeriAdvance | No | $1000 | No |
| PayDayMax | No | $1000 Net | Yes |
| DiscountAdvances | No | $1000 Net | Yes |
| PayDayOne | No | $1000 Gross | Yes |
| Cash Central | No | $1000 Net | Yes |
| CashNetUSA | No | $750 Net | Yes |
Cash Advance Loans Simple
Cash advance loan, also known as payday loan, is loan that can help you get through to your next paycheck. It’s helpful when you have unexpected finance problems. However, you should be aware of the finance charges and fees.
It is easy to get the cash advance loan, no credit check is needed. Simply, you bring in a valid driver’s license, a current pay stub and your check book. You fill out some paper work, give them a post-dated check (the date of your next payday) in the amount borrowed, plus the finance charge and you are on your way.
I had a friend who used cash advance loan. She started off just needing a little extra cash and ended up borrowing $500, which is usually the maximum allowed. Getting paid bi-weekly, she was paying almost $200 a month in finance charges to borrow $500. There was no way for her to get out from under this loan, without losing the $500.
The moral of this story is, use cash advance and cash advance loan wisely. It’s a great resource for a quick short term fix, but not to use indefinitely.
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