The economic downturn that began in 2007 has led to the loss of millions of jobs, the devaluation of millions of homes, and the tightening of credit lines around the globe. Banks and credit unions, at the center of the recession’s cause, have severely restricted their lines of credit in recent years leaving many people with no option for getting the cash they need. There are lenders out there who are not afraid to provide people with credit though. AAA cash advances are available to all who need them and are becoming an increasingly popular alternative to traditional loans from banks and other financial institutions.
AAA cash advances are an excellent alternative to a loan or line of credit from a bank for millions of Americans. Banks and credit unions determine an individual’s worthiness based upon their credit score, so if you have bad credit or no credit at all the odds are not in your favor when it comes to applying for a loan. The bank and credit union process often eliminates those most in need of money. A typical loan application at a bank or credit union requires the following:
- Credit check
- Tax return information
- Employment information
- Monthly income
A AAA cash advance is much easier for an individual to obtain and is open to anyone in need of money, regardless of their credit standing. Unlike a bank or credit union, AAA cash advance lenders have an easy application process that requires individuals to provide only the following information:
- Driver’s license or Social Security number
- Proof of stable employment
- Valid checking account
- Contact information including working email address
The process of obtaining a AAA cash advance is much easier, and faster, than a bank or credit union loan because there are no credit checks involved. Cash advance lenders provide small, short term loans to individuals in need of fast cash and rarely conduct credit checks. AAA cash advances do not require a credit check because they are unsecured loans. This is helpful to many because those who find themselves short on cash often have experienced past financial trouble, resulting in a poor credit rating. Instead of being turned down for the money they need, those with poor or no credit can obtain a cash advance to solve their short term financial woes.
AAA cash advances can be used to solve any number of financial challenges that individuals may face. These challenges can range from the unforeseen to the predictable. Examples of unforeseeable expenses include a broken windshield or flat tire on your car, broken windows or broken pipes in your house, or even emergency medical costs. All of these situations require a quick solution and those with no rainy day savings fund may struggle to meet the demands.
Other financial challenges can be predicted, but nonetheless difficult to deal with. Many individuals are routinely behind on their bills and facing late fees. Late fees on typical utilities can run upwards of $100, while late rent or mortgage payments can cost even more. A AAA cash advance can help dodge those late fees when you are in between paychecks.
If you need more information about a cash advance or want to fill out an application for your own cash advance, turn to AAAcash.com for help.