Can I Get a Cash Advance Online?
If you need money quickly, an online cash advance is a great way to help you cover an unexpected expense or get some extra cash before your next paycheck. Here’s a closer look at how online cash advance loans work and how you can apply for them.
What is a cash advance?
Cash advance loans are small, short-term loans that are offered by many lenders. These types of loans can be a real lifesaver when you’re in a financial crunch. In most cases, you can get approved for a cash advance online quickly and receive the money the same day or in a few business days.
Types of online cash advance loans
There are a number of online cash advance loans you can choose from, including:
Payday loans are short-term, small dollar loans that you repay when you get your next paycheck, usually within two to four weeks. For every $100 borrowed you typically get a fee, which will have a limit set by the state the loan occurs in. You can apply for a payday cash advance online with Advance America and receive your funds within 24 hours of approval.
Similar to a cash advance, an installment loan is an option to consider if you’d like to borrow a larger amount of money than your paycheck can cover, you may want to consider getting an installment loan. You can pay back an installment loan in monthly payments over a longer time period, usually between three to 36 months. If you apply for an installment loan online with Advance America, you’ll receive an instant decision.
Title loans offer cash in exchange for your car’s title. The value of your car, among other factors, will determine how much money you can receive. Advance America partners with LoanCenter in select states to offer the ability to apply online. In other states, Advance America can assist you in getting an Advance America Title Loan in-store.
Lines of credit
Lines of credit are flexible because they work like digital credit cards. You can withdraw as much or as little as you’d like up to your available credit limit, and you’ll only pay interest on the amount of cash you borrow. If you apply for a line of credit online with Advance America, your maximum credit line will be based on several factors including income and credit history.
Merchant cash advances
Merchant cash advances are a good option if you own a business. You can receive the money upfront and use a percentage of your sales to repay it. You won’t need good credit or collateral, and you can enjoy fast cash and flexible repayment terms.
How to apply for a cash advance loan online
If you’d like to apply for a cash advance online, follow these steps.
Choose your loan
Because there are a number of cash advance loans available online, consider all your options. Weigh the pros and cons of each and choose the best one for your individual needs and financial situation.
Gather all necessary information
Before you apply for a cash advance online, you’ll need to collect all necessary information and documents. These may include your driver’s license or another ID, Social Security number, and recent pay stubs.
Submit your application
Visit the lender’s website and fill out the online application form. This will usually be a simple process that only takes several minutes.
Get an instant decision
Depending on the lender you select, you may receive a decision instantly. You’ll know right away whether or not you’re approved and won’t have to wait days, weeks, or months.
Receive funds quickly
Most lenders who offer cash advance loans online will distribute your funds quickly, sometimes that same day or within 24 hours. You can usually get your money via direct deposit, check, or a prepaid debit card.
Advance America cash advance loans can get you fast funds
Advance America offers online cash advance loans that can get you the money you need as soon as possible. You can apply online from the comfort of your own home, and you don’t need good credit to get approved. We’re here to help you overcome any financial curveball life throws your way.