PaydayAct

Cash advance loans provide people with unsecured, short-term loans in case of shortage of money or having cash problems between paydays. A cash advance loan may be a good option over bouncing checks, unexpected expenses or having to pay late fees. You can have the funds electronically deposited into your bank account and work out a repayment plan with the lender.

To qualify for a payday loan you need to go through fast and easy process. Rather than having a credit check or your personal property as a collateral, your paycheck from your job works as a guarantee of repayment. You just need to meet following minimal requirements:

• You need to be 18years old or older
• Have a job or stable income
• US citizen with bank account
• Not active in the military

Timeframe of approval – after applying, you will be contacted right away and a lender will work with you to get you a loan approval. After approval your loan amount would be directly wired to your bank account. On average you will have access to the money either the same day or in 24 hours after speaking and being approved by a loan provider.

Benefits:

• You can use advance cash services whenever there is an immediate need of cash
• You can get a payday loan even if you have bounced check, bad credit or charge-offs

The amount you can borrow is determined based on your income and other qualifying events at the time of getting an approval for a loan.

Payback timeframe – The number of day to payback your loan depends on the lender, but usually it’s no less than 7 days and no more than 18 days. Make sure you talk to your lender about the repayment plan and their terms when you sign up.