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Fast Loans: How to Find Quick Cash
After a major life event like moving to a new home or having a baby, you may be short on cash. With fast cash loans, you can receive the money you need instantly. These cash loans can help you cover any expense you may have quickly and easily. Let's dive deeper into quick cash loans, how they work, how much you can get from a quick or instant loan and the benefits they offer.
How fast cash loans work
Instant or fast cash loans are short-term fast loans you can use to take care of your expenses if you're in a financial bind. To get a quick cash loan, fill out an application form online or complete an application in-person (Advance America has over 800 locations nationwide). Depending on the lender you select, you may be able to earn instant approval. Quick cash loans are ideal if you need the money today rather than in days, weeks, or months from now.
Advance America offers instant approval decisions when you submit an online application for a fast cash loan, with same-day funding when your decision is made before 10:30 AM EST or funds within 24 hours if you apply later in the day.
What is fast cash?
Fast cash is quick funding you can receive from loans as soon as the same day you apply. You can receive anywhere from a few hundred to a few thousand dollars and can use this cash to cover anything from medical bills and rent to everyday expenses.
What you can use a fast cash loan for
Fast cash loans can give you instant funds that you can use for any essential or emergency expenses you need to cover. This type of quick loan can come in handy if you have to pay an unexpected car repair, medical, or home repair bill. You can also use a fast cash loan for essential day-to-day expenses, like groceries, rent, or gas, if needed. Regardless of what you need funding for, a fast cash loan can help you get the money you need right away.
How much can I get from a fast cash loan?
The amount of money you can get from a fast cash loan can depend on the type of loan and lender you choose. If you get a payday loan, for instance, you can typically receive a few hundred dollars to tide you over until your next payday. An installment loan, on the other hand, may get you a larger sum of money, up to a few thousand dollars. Consider your financial needs when deciding which fast cash loan is right for you.
Are quick cash loans safe?
Fast cash loans are safe as long as you’re getting one from a legitimate lender. Make sure to research lenders before you apply for a loan, and check to see if they have a good Better Business Bureau rating and positive reviews. Advance America, for instance, is a reputable lender with an A+ Better Business Bureau rating, over 100,000 5-star reviews on Google, and more than 60,000 excellent reviews on Trustpilot.
Can I get a fast cash loan with no credit check?
It may be difficult to find fast cash loans with no credit check. Luckily, there are many lenders with less strict credit score requirements offering fast cash loans to borrowers with all types of credit scores. They’ll consider factors in addition to your credit score, like income, employment history, and current debts, when making their approval decision. This means you can still qualify for a fast cash loan with poor or fair credit.
Where can I get quick cash loans?
Many lenders, such as Advance America, offer quick cash loans. With our payday loans, installment loans, title loans, and lines of credit, you can fill out a quick and easy application in just a few minutes. We offer an instant approval decision, so you may find out right away whether you’re approved and get the funds as soon as the same day you apply.
How fast can you get an instant cash loan?
There are a variety of quick cash loans at your disposal. Here’s a closer look at several fast cash loan options:
Payday loans
Also known as a cash advance, a payday loan is a small dollar fast cash loan you typically pay back on your next payday. This is usually within two to four weeks. If you opt for a payday loan with Advance America, you can get money on the spot if you apply in-store or an online approval can get you money within 24 hours of your application. If your online application is received before 10:30 AM EST, you may be able to receive the funds from this fast cash loan on the same day.
Installment loans
You can repay an installment loan over time through a series of fixed payments. This fast cash loan can be a good option if you need more than a few hundred bucks and want to spread your repayment out over time. With an installment loan from Advance America, you can get your funds within 24 hours of your application, as long as you're approved.
Title loans
In exchange for a title loan, you give a lender the title to your car until you repay it in full. Your loan amount will be based on the value of your car and you'll be able to drive it while you pay your fast cash loan back. If you go with a title loan with Advance America, you can get your funds the same day you apply after your car gets appraised at an Advance America location.
Lines of credit
If you like the flexibility of being able to borrow as much or as little as you'd like, a line of credit may be a smart choice. Similar to a credit card, this type of fast cash loan lets you draw money any time you want up to your approved credit limit. If you apply online for the line of credit with Advance America, you can receive your funds within 24 hours. If you apply at an Advance America location, you can leave with money in hand.
How soon can I get a fast cash loan from Advance America?
You can get a fast cash loan from Advance America very quickly when you need money fast. We offer an instant approval decision, so you may find out whether you're approved in just a few minutes. If approved for a fast cash loan, we'll give you the funds as soon as the same day you apply or within 24 hours.
Benefits of fast cash loans
Here are some benefits of getting a fast or instant cash loan:
Easy application
Fast cash loans often come with easy application processes that only take a few minutes. Many lenders have online applications, so you may be able to apply from the comfort of your home.
Quick funding
If you get approved for a fast cash loan, you can receive the funds you need quickly. The lender may give you the cash or deposit the funds into your bank account quickly, as soon as the same day you apply or within 24 hours.
Good credit not needed
Many fast cash lenders have lenient credit score requirements and will consider factors in addition to your credit score, like your income and employment history, when deciding whether to approve you. This means you can get approved for an instant cash loan even if you have poor or fair credit.
Which fast cash loan is right for me?
To decide which fast cash loan is right for you, it’s smart to consider your financial situation and needs. If you just need a few hundred dollars to tide you over until your next payday, for instance, then a payday loan may make the most sense. And if you need a larger amount of money to cover a home improvement project or pay a medical bill, you may want to consider getting a title loan or installment loan. Make sure to do your research and compare all loan options available when deciding which fast cash loan may best suit your needs.
Requirements to get a fast cash loan
Here are some qualifications that you need to request for a fast or instant cash loan:
Must have a drivers license or valid government ID
Some lenders that offer quick cash loans will require that you're a U.S. citizen. You may also provide a valid government ID like a driver's license, passport, or Social Security card.
Must be at least 18 years old
Fast cash loans are designed to help adults who are tight on cash. Therefore, you must be at least 18 years old to take one out.
Must have steady income
If you opt for a fast cash loan, a lender will want to know you have the income to pay it back. You may also be asked to you show proof of steady income through documents like pay stubs and W-2 tax forms.
Must have a valid SSN
You must have a valid Social Security number to take out a fast or instant cash loan. With your Social Security number, a lender can help confirm your identity and prevent potential fraud.
Helps to have an active checking account
Quick cash loans usually deposit funds directly into your checking account, although Advance America offers in-store loans, where you can opt for cash. If you are using direct deposit, lenders will require you to share the account number and routing number of your bank account so they know where to distribute the cash.
How to get your fast cash loan even quicker
There are some things you can do to get your fast cash loan even quicker including.
Choose a previous lender
If you want to get quick cash as soon as possible, choose a fast cash loan from a lender you've previously worked with. They likely have all your information on hand and can expedite your loan application.
Gather your documents
You should have your ID, paystubs, and other documents ready to go before you apply for a fast cash loan. This way you won't have to waste time looking for them and can ensure a seamless application process.
Opt for direct deposit
With direct deposit, you can get your approved funds from the fast cash loans deposited directly into your bank account. You won't have to wait for a check in the mail or drive to a store to be paid. Look up your bank account's routing and account numbers so you can sign up for this payment method.
How to compare fast cash loans
These tips can help you find the best fast cash loan for your unique situation.
Compare fast cash loan rates
The lower interest rate you lock down, the less you'll pay for your fast cash loan. Compare fees and annual percentage rates from lenders who offer fast cash loans to make sure you don't overpay. Advance America rates are competitive compared to similar fast cash lenders.
Find a fast cash loan that requires a low monthly payment
If you take out a fast cash loan with high monthly payments, you may not be able to manage your monthly expenses. Before you decide on an instant cash loan, make sure you can comfortably afford to pay if off each month.
Gauge your timeline
Consider how quickly you need the funds from a fast cash loan. If you need to pay your bills in a few days or a week, look for a lender that offers quick emergency loans. You don't want to commit to a loan and later find out you'll have to wait weeks to collect the money.
Will I get approved for a fast cash loan?
Believe it or not, it can be relatively easy to get a fast or instant cash loan. A lender may even approve you without a perfect credit score and history. This is particularly true if you meet the qualifications we discussed above and don't ask for more cash than you need and can afford to repay.
Advance America provides fast cash loans
Advance America provides emergency loans, payday loans or short-term fast cash loans that you can repay on your next payday, typically within 2 to 4 weeks. Payday loans are a great option if you need a little extra financial help because you have to pay a bill or cover an emergency expense. After you apply for a payday loan with Advance America, you can receive your funds in minutes in-store or within 24 hours if you apply online.
How to apply for an instant cash loan today
To apply for an Advance America fast cash loan online, follow these steps:
1
Collect documents and information
Before you apply for a fast cash loan, be prepared to provide the following information into the application form:
- Valid Social Security number
- Valid and active email address
- Active checking account
- Source of income
2
Visit the Advance America website
Go to the Advance America website to begin the online application for a fast cash loan. Once you're there, you'll need to:
- Click "Apply Now"
- Provide your contact information
- Share your employment details
- Plug in your banking details (Since prepaid cards are not accepted, you'll need your checking number and ABA routing number)
- Sign and submit
