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Tag Archives: cash advances

How Fast Can The Cash Advance Grow? Watch Out For Additional Charges

You hear about a cash advance being expensive, but have you ever really looked at what gets charged and how much it affects your finances? Let’s take a look at an average cash advance where the borrower received $200. Most cash advance loan terms average two weeks. On average, a short-term loan company will try to schedule a payoff around your next paycheck or on average 14 days later. Due dates are set around direct deposits to help promote authentic payments. When a company debits the bank account it helps … Continue reading

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Reevaluate A Cash Advance To Pay Taxes

Are you worried about getting the money to pay your taxes? The deadline is getting closer with few options available to make good on your tax liability. There is an extension to file the paperwork, but the IRS still wants it’s money on time. Tax time is a stressful time for many, as they try to come up with a cash advance or loans in order to make the payments. Both the Earned Income Tax Credit and the Child Tax Credit offer much relief to middle and lower income households. These credits not only lower the amount owed, … Continue reading

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How Would Your Child Handle A Cash Advance?

How do you teach your children about money? Do they request a cash advance on their allowance because their wants outweigh their weekly earnings? The better question her would be, do you give them the advance? Planting the financial awareness seed early on is what helps to build their financial future. Does your child get a cash advance just for asking? If your child receives money each week, yet continues to overspend, what lesson gets taught by handing out extra or an advance on their next allowance? My mom used to joke about the … Continue reading

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Cash Advance Lenders Are Not The Exclusive Quick Banking Opportunity

Online banking is surging with new ideas. The cash advance lenders who adopted no-fax loans discovered that customers appreciated the now simpler application process. Folks are continuing to take advantage of the continuing advancement of new age banking opportunities. Cash advance lenders have fast money competition. The most recent advancement in online banking is offered up to those with smartphones. Phone applications for certain banks can be downloaded. With a few minutes spent on uploading verifying information. People will now take fewer trips to the bank. Remote deposit capture is a fancy … Continue reading

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A New Way To Figure Credit Scores Could Limit Cash Advances Dependency

People who use cash advances as a result of a tarnished credit history, may see some changes with a new credit scoring model in the works. Typically, the credit bureaus calculate a score based on a secret algorithm with heavy emphasis placed on management of revolving credit and installment loans.  Negative reports stay on file for seven years. They weigh on the scores the entire time. Even debt which went to collections and was then paid in full reflects poorly in the algorithm. Debt from cash advance is only reported … Continue reading

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Cash Advances Don’t Stay Secret Once Transactions Occur

Secret debt; ever tried to keep it a hidden? If you have had success, then you are one of the lucky ones who didn’t have a major problem arise. Hiding cash advances or credit card debt from a spouse will certainly cause a bone of contention if a debt collector is the one to let the cat out of the bag. A cash advance works with a bank account. If you have your own bank account, then your spouse would remain unaware of any cash advance loan. When you share a bank account, the loan is still attainable … Continue reading

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Create Your Own Cash Advance Tip Jar At Home

Go out and get yourself a jar, make it a big one and begin to tip yourself out of ever needing a cash advance again. Why not? When you go and use somebody else’s service you feel obliged to tip. There are even debates on how much you should tip these people. Sure, they are working hard for their money and many will argue that tips are voluntary, but most people would be embarrassed to leave an establishment without leaving some money to the person. Ladies go out and get the hair and nails done by trained professionals. … Continue reading

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Cash Advance Debt Won’t Be Settled By Third Party Companies

The struggle to pay off debt is often times overwhelming for many folks who live paycheck to paycheck. Unexpected costs pop up and in order to avoid a cash advance, juggling costs will occur. Late payments the best way to protect credit, but it is also the slightest infraction if something has to give somewhere. When the juggling of income becomes a way of life and the struggle to make ends meet becomes too difficult, people end up missing payments altogether. It is easy to say that all anybody has to do … Continue reading

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Explore Other Options Besides A Cash Advance

It is a fact that a cash advance is a loan option when the rest of the finances are not in the best of shape. It is one option out of many and often times gets used unnecessarily out of convenience rather than ultimate necessity. People may take offense to that statement, but it is true. A cash advance offers fast access to instant money with very little planning or red tape in order to get approved. Other options may take some planning or require additional footwork or multiple forms, … Continue reading

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Smart Banking May Not Include A Cash Advance

Smart banking and a full grasp on saving basics will help keep credit card debt and cash advance necessity minimal or possibly non-existent. When you use your accounts to bank smart and grow your finances, the less apt you will be to fall into or fall back into problems. One of the safest places to store your money is in a bank. Each account holder is insured for up to $250,000 by the FDIC. For whatever reason, if something happens to that money, depositors will be covered up to that amount.  There are many folks who like to keep … Continue reading

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