When you obtain an online cash advance, you have a defining role in choosing the payoff date. When you have a credit card payment, you are at the mercy of the company telling you when it is due. Most often, these dates will stay the same each month. The day of the week will vary and when it falls on a weekend other arrangements will need to be made.
A cash advance due date will be chosen at the time of service
When due dates fall on business days, it makes it easy to arrange a payment method. Many people will make a payment by phone or set up an online banking transaction. If banks are closed, you cannot make the transfer. If the company does not have operating hours on the weekend, the phone payment will do you no good. What do you do when payment dates are not on business days or land on a holiday?
- Call the company on a regular business day and ask about phone hours on non-business days.
- Ask if they will accept payments on a Monday for a weekend due date.
- Make arrangements for an early payment if the credit card agency does not have operational hours on non-business days.
It is always important to be aware of payment due dates. If you need to pay the bill early due to a weekend date, make those arrangements ahead of time to alleviate any late fees.
Another situation where a cash advance would come in handy
There have been a few times when the there was a long holiday weekend and credit card payments need to be paid early, but my direct deposit paycheck would arrive till afterward. Ouch! I’m sure I am not the only one who has experienced this scenario. It is one of those situations which has a cash advance online or payday loan written all over it. Bridge the gap between bells and your paycheck with some fast cash.
In order to make this all work out right, especially if you are going to use the online options is to make sure you do it ahead of time. Most lenders will need the next business day to deposit money in to your bank account. Applying for an online loan on a Friday will most likely not get you any cash help until Monday. If you go to a brick and mortar store, then you will walk away with the cash and will just have to head over to the bank yourself to make that deposit.
It’s all in the planning. Be aware of due dates as well as pay dates. When the two do not combination up, the start early to find the extra cash needed to make payments on time. Some people will have a savings to pull from while others may have to go to friends or family or take money out from cash advances online, stores or through credit card options. Any time you use third party money, be aware of the payments terms so there are no surprises for next month’s budget.
