A cash advance and a payday loan are short term money solutions that works to get some fast cash in so you can take care of an immediate financial need.
Why do short term solutions work so well?
- You don’t have to have good credit to get one.
- They are small loans based on what your income can support.
- They help keep long term problems from accumulating.
- They are meant to be paid off quickly.
- They do not require a lengthy application.
- You can apply online.
- Simplicity is the key to their success.
- They do not affect your debt to income ratio.
Even the best intentions with planned budgets get interrupted at some point. The key to a continuous running budget is from having options to fix it quickly so you can get back on track. When you bog down your budget with long term solutions, it opens you up to long term problems. Eventually stacking long term payments one on top of another creates stress for the primary budgeted bills. If you procrastinate with a health issue, it can turn into a much larger problem. Budgets are affected in a similar way as unexpected costs are unpredictable.
