Short-Term Loans | Why Get a Cash Advance?

When it comes to cash, it is always smart to think in advance.

The media likes to claim that everything has migrated to plastic, but how many people leave home with absolutely no cash in their pocket? Try buying a $2 snack at a kiosk with no cash. Try purchasing a $3 magazine with an ATM card. Some places will deal without cash, but a lot still need green dollars and silver (sort of) coins for payment.

You have to think about cash in advance of monthly bills, too. If your paycheck is due on the 15th of the month, but you have bills to pay on the 8th, 10th and 13th, you have to come up with a plan for doing that. Which is not always easy if you don’t want to (or can’t) ring up credit card charges, or dip into some form of savings somewhere. That is why there are cash advance loans available in payday loan stores and at cash advance-of-payday loans online.

A cash advance is a bit of a misnomer. It suggests you are borrowing from something in the future. In fact, you are only borrowing against your paycheck, in advance of payday. But really you have already earned that money. Think about how that works:

  • You work every day preceding your payday: You are providing an advance of labor to your employer five, ten or more days before they pay you for it.
  • You still have to buy things as you work: Transportation costs for getting to and from your job. Clothing for work. Meals you buy near or at work because you cannot eat more economical groceries in your home.
  • Your other life expenses happen as you advance your labor to your employer before receiving your cash pay: Rent or mortgage, utilities, insurance payments, phone fees
  • You encounter emergence expenses: A car repair (which is essential if you use a car to get to work), medical care (hard to argue with) and maddening penalties and fees all can take that cash away from you in advance of when you are paid.

Customer Cash Advance Testimonial:

“I JUST LIKE TO SHARE WITH YOU THE APPRECIATION I HAVE FOR THIS COMPANY AND WHAT IT HAD DONE FOR ME AND FAMILY. I AM A WIDOWED MOTHER OF FOUR WHO NEEDS TO PROVIDE FOR MY FAMILY THE BEST WHY I KNOW HOW AND MANY TIMES EMERGENCIES COME UP AND NOT ALWAYS HAVING MONEY IN BANK OR EVEN HAVING SPARE. NO ONE TO BORROW FROM, THATS WHEN THIS PROGRAM HAS BECOME A GREAT PART OF MY LIFE BEING THERE WHEN NOTHING ELSE IS. I’M NOT A WRITER BUT JUST THOUGHT SOMEONE SHOULD KNOW THERE ARE EVERYDAY PEOPLE THAT LOOK FORWARD TO THIS PROGRAM BEING THERE WHEN YOUR CAR BREAKS DOWN OR CHILD COMES HOME AND SAY WE NEED SOMETHING FOR SCHOOL AND THEY NEED IT LIKE THE NEXT DAY OR SO. THANKS FOR BEING THERE FOR ME AND HOPEFULLY CONTINUE TO ALWAYS BE THERE.”

A cash advance on your paycheck not only might help – a lot – but it in some ways makes life a little more fair. If you need money on the 10th of the month, you are due six or more days of pay from your employer. But most employers will not provide a cash advance (like they did 20 or more years ago), so you are strapped under normal circumstances.

This is where the cash advance payday loan rectifies the problem. In a nutshell, you verify to your cash advance payday lender – MPL, that you are employed and have a checking account (you need a checking account to receive your cash advance through a direct deposit electronic funds transfer). Through their one-day approval cash advance loan process, you get the money you need when you need it.

The cash advance is easiest to get online (payday loan stores, which provide cash advances through a paper process, do the same thing but without pre-Internet technology that can take up hours of your time). Here’s how it works for most people:

  • Sign on to the cash advance lender’s website from a personal computer.
  • Most require that you set up an account. Typically, this takes fewer than ten minutes to do.
  • Make your loan request. Note, most states establish borrowing limits on payday cash advance loans; your loan will also be determined relative to your wage rate.
  • Get a confirmation of your loan through an email.
  • Your cash advance is in your checking account shortly – usually in one business day.

All told, a cash advance can be arranged and received in less than 24 hours. And your time input to apply, get confirmed and then to confirm the money was received is less than 30 minutes.

The cash advance online is truly a modern invention for a modern life. If you work, you have responsibilities. If you maintain a home, that takes up your time as well. Then there’s the whole matter of mental input on managing your bills. You have to think in advance. For many, this means worrying in advance.

By getting an online payday cash advance at www.month-payday-loans.com, you reduce that worry, you maintain a solid footing in your household and you minimize time spent away from your job. That’s advanced thinking!