Cash advances are a reliable, efficient way for people to get money fast if they need to suddenly pay for an unexpected expense or if they need some help covering a crucial monthly bill
(PRWEB) August 13, 2012
CaliforniaPayday.com announces the introduction onto its website of a free, informative educational article for consumers who are considering cash advances. The article, which goes by the title “The 5 Best Reasons to Get Direct Payday Loans,” explains some of the primary advantages that these short-term loans offer to individuals looking for emergency financial assistance. The company is releasing the new resource in an effort to ensure that visitors to its site have a clear understanding of the cash lending process and how cash advances can help them deal with a tough financial situation.
“Most people find themselves short on cash every so often, but for some people this can be a devastating experience,” says CaliforniaPayday.com spokesperson Maria Shaw. “Cash advances are a reliable, efficient way for people to get money fast if they need to suddenly pay for an unexpected expense or if they need some help covering a crucial monthly bill. We know that being in a tight financial spot can be frustrating and scary. That’s why we focus on making the loan process as smooth and painless as possible.”
Cash advances, also sometimes known as California payday loans, are one of the quickest ways for people to get money on short notice. Although traditional banks offer loans to people as well, their application and approval processes take much longer. Additionally, individuals with bad credit are usually unable to find a bank to approve a loan for them. Cash advance lenders do not base approvals on people’s credit scores, meaning that even consumers with low credit ratings can acquire loans from them. There also are only a few basic eligibility requirements that a prospective cash advance borrower must meet to be approved for assistance. Quick cash loans can be given to people who possess these qualifications:
- They are at least 18 years of age.
- They are either a U.S. citizen or permanent resident.
- They have a valid checking account.
- They have a steady job and make a minimum of $1,000/month after taxes.
CaliforniaPayday.com is not a payday lender. Rather, the website serves as a starting point for people who are interested in applying for a loan. Visitors to the site can fill out and submit a short application form, and following normally quick preapproval, the site will redirect them to a reputable online lender. After examining the lender’s offer and reading their terms and conditions, interested individuals just have to electronically affix their signature to a loan contract and then wait to receive their funds. The money will be in their checking account that same day or by no later than the next business day.
A cash advance must be paid back when the borrower receives their next paycheck. Lenders often provide a repayment option that lets a borrower have the money they owe be automatically taken out of their checking account on their next payday. This option generally makes repayment much easier and more convenient for the customer.