There are always times in life that challenge our financial health, and how we deal with them can determine how our finances go in the future. Millions of Americans live paycheck to paycheck and have little to no ability to deal with sudden challenges to their financial health. Where are these individuals to turn when they need money fast to solve a problem? Banks and credit unions are likely to turn them down, especially if they have poor credit or none at all. Instead, these individuals should consider an instant cash loan to solve financial problems they are facing.
An instant cash loan is a cash advance designed to help individuals solve short term financial problems they might be facing. A cash advance is a small, short term loan that is available to many without a myriad of hoops to jump through in order to obtain it. The typical requirements for a cash advance include the following:
- Be at least 18 years of age
- Possess a valid checking account
- Proof of stable employment
- Provide valid contact information
Those looking for an instant cash loan can find them in a number of places. Individuals can go to a local cash advance retail location to fill out and submit an application, or even better they could just log on to websites like AAAcash.com. Here individuals can find all the information they need about an instant cash loan and even apply for a loan from the comfort of their home. The application process is easy and fast, with approval provided in just minutes.
The benefit of obtaining an instant cash loan from an online lender is the speed and ease of the process. Not only can you submit an application for approval online, lenders can direct deposit the funds you need into your checking account within one business day at the most. If you have a tendency to forget when bills are due, an instant cash loan from an online lender is all the more appropriate for you. Lenders can not only direct deposit your loan money into your checking account; they can also automatically collect your loan repayment at the end of the loan period.
An instant cash loan is also beneficial to many because of the lack of a credit check. Many individuals who are consistently behind on bills tend to end up having poor credit, making it very difficult for them to obtain a loan from a bank or credit union. Cash advance lenders however are open to lending to these individuals, though they should be aware that these loans come with very high APRs and interest rates can skyrocket if loans are not repaid on time.
Any individual considering an instant cash loan should make sure that there need for the loan is a true emergency. Instant cash loans are ideal for dealing with costs stemming from auto repair costs, home repair costs, or sudden medical bills. They are also useful for avoiding late fees on bills or overdraft charges on checking accounts. Be careful when using an instant cash loan for more luxury based purchases such as big screen televisions, video game consoles, or vacations. Instant cash loans are very short term and if you don’t have the money for luxuries now, you aren’t likely to when your next paycheck arrives.
If you think an instant cash loan is right for you, turn to AAAcash.com for all the information you need or to apply for a loan of your own.
Note: “One hour cash,” “instant cash” and other disbursal time estimates indicate possible disbursal rates. Actual disbursal may vary, but will arrive no later than the following business day.