Many people live on a fixed income with little additional income coming in. But there are times when additional money is needed – a cash advance. Although most cash advance payday loans are only available to people who are working, some lenders do offer cash advance loans to social security recipients.
Cash advance loans online are for urgent needs like an auto repair, medical bill, utility bill, or even groceries. Although there are no limitations on how you use your loan, it is always recommended to use the funds for urgent expenses.
The only difference is as it is stated. An online loan is the fastest way to get a loan, but you could also drive to a storefront (most states do not have them anymore) and waste your time and gas to put in one request after the other.
Payday loans are fee-based loans. That means there are established fees per $100 you borrow. Almost all states have regulated these fees so you know what you will pay before you decide to accept a loan offer. For most states, the fees allowed range from $10to $20 per $100 borrowed. You can check your state website to see what fees are allowed where you live.
If you are applying for a new car lease (or even a used car purchase), a new credit card, a home or property purchase, etc. then you need a credit score and preferably one that is ‘good’ or higher.
You may have picked up some financial tips from watching movies in the past. Here are a few good pointers gleaned from some hit movies from years’ past in no particular order.
APY is defined as the Annual Percentage Yield. This is the rate your money earns interest by leaving it in an account. This is the annual rate of return on your investment. The higher the APY the better. Why? Because the higher the APY, the more interest your money makes, and this means more money in your pocket.
Whenever you find yourself in a tough financial spot, you may feel that you have run out of options. Millions of Americans experience this every year, especially in the present tough times. So, if you are currently facing a financial crisis, remember that you are not alone.
Most direct lenders will provide a way for you to review your loan on an ongoing basis. They will also work with you if you have trouble repaying on time. It is highly recommended that you contact your lender if there is any reason you expect to be late in repaying your loan. Depending on the state you live in, they may be able to provide options to assist you with a new repayment plan.
When you find yourself in a tough financial spot, you might feel like you have run out of options. Millions of Americans experience this form of financial desperation every year, even more so in the current COVID times.
