Everyone has experienced an emergency situation where you need a little extra cash. If you’re lucky, you can make it through to your next pay period, but there are some times when it just doesn’t seem like you’ll make it. Eating only noodles for dinner for a week may save you some money, but is the little bit of money you saved enough to cover that car repair? Is it worth it? If you have an emergency and you need a little extra cash to get you through, it may be time for you to look into payday cash loans.
What Do You Need to Apply and Be Approved?
When you apply for a cash loan, there’s a few things that you need to bring with you. You’ll need your checkbook, your last couple of pay stubs, and at least one form of identification.
Your checkbook will be needed so that you can write a check to the payday loan place you go through. You will write a post-dated check, which will not be cashed unless you do not pay your loan back on time. This is to ensure that you are serious about paying your loan off and that the company is assured they will get their money back.
Your last couple of pay stubs are needed to prove two things: the amount of money you get paid regularly, and the frequency of your paychecks. This is extremely important to the payday advance process. The place you go to will want to make sure you are able to pay back the loan, and they want to know how long you’re going to need the money. A typical payday loan is for just one pay period, whether that’s a week, two weeks, or a month.
The last thing you will need is a form of photo identification. A government issued ID card is the best thing to bring. This is a necessary requirement to ensure that you are the person getting the loan. It is to protect you from someone else getting a loan in your name.
Once you have all of this information, you can seek the help of a cash advance professional. They will help you fill out any necessary forms and explain the process to you. Usually, this only takes a few minutes and you are approved. You will be able to get your money right away and be able to pay off your bills.
What if You Can’t Get to a Cash Advance Store?
If you can’t get to a cash advance store, you can also get a payday loan online. These payday cash loans work the same as the ones you can get in person, but you don’t have to go anywhere except to your computer. If your car is broken, you may not have a way to leave the house easily. Instead, you can simply go online and apply for payday loans online. The process is the same, and they will loan you based on your income and your pay period. The money will be transferred to your bank account once you are approved.
Why Not Go Through a Bank for a Loan?
But why get a payday loan? Why not just go through your bank? There are a few different reasons why getting a payday loan or cash advance is better or easier than going through a bank.
With a bank, you cannot get a small loan of only a few hundred dollars. The bank will want to loan you a significantly larger amount, and their minimum may be in the thousands. With payday cash loans, you can get a loan for as little as a hundred dollars.
Banks, because their loans are for larger amounts, usually have you pay off the loan within a period of months or years. A payday advance, however, is for a lower amount than what your next paycheck would be. It is due in full at your next paycheck. This means that in just one pay period your entire loan is paid off and you no longer owe money on it. All the money plus the interest is paid at one time.
Banks care about what they are loaning you the money for. They are loaning you a significant amount of cash, so they want to know if you’re using it to buy a house, fix a house, or buy a new car. With payday cash loans, you don’t have to tell them why you are getting the money. It can be used for any kind of personal emergency you have, whether your dog needs to see a vet, your car broke down, or you need some new clothes for your promotion at work. As long as you can prove you are able to pay them back, the payday loans places will loan you the money you need.
Get Your Payday Cash Advance Today
If you’ve had an emergency this pay period and you are wondering how you are going to make it until the next time you are paid, the answer is simple. Cash advance loans can help you get the money that you need, when you need it, and get you back on your feet. The payday cash loans are simple to apply for, you have the money in your hand or bank account as soon as you are approved, and you can use the money for any personal emergency you have. Don’t worry about having to eat only noodles for a week to save money. Get your car repaired, take the dog to the vet, or do anything else you need to do today, and pay your loan off when you get paid next. Gather the information necessary today and apply for a payday cash advance so you can get back on your feet and enjoy a good dinner.