1 Hour Cash Advance Loans Online – Quick Loans

Apply For a Quick Cash Advance Loan

Cash Advance Loans Online

Published on January 5, 2011

A 1 hour cash advance company will lend you the money that you need while you wait for your next paycheck. In exchange for the cash up front, you will pay the cash advance company an interest expense known as the Annual Percentage Rate (APR). The entire loan process is simplified and straightforward, which allows almost anyone the ability to become approved.

Lending Criteria

Unlike traditional bank loans, a quick cash advance loan has very few requirements on their applications. The majority of lenders will require that you present the following information:

  • Driver’s license
  • Social security number
  • Contact information
  • Paystub
  • Post-date check
  • Date of Birth

This is all you need in order to gain access the funds that you desperately need to pay off an emergency bill, housing payment or living expense. You won’t have to have a credit check or a reference check.

Lending Terms

Each lender is different, but most have the same type of lending terms and will fall into the following guidelines.

· Your repayment period will vary from 8 days to 31 days

· Your APR will be from 15% to 30%

· Your loan amount will be approved for $100 to $,1500 which will depend on your actual take home pay

Once you are approved by a cash advance lender, you will be given the cash instantly.  If you use an online lender, then you can expect to receive the funds within 1 business day. You can then use the money to pay off your bills.

Paying It Off

Your payday loan will automatically be drafted from your checking account which is why a post-dated check is required with your application. This means that you don’t have to worry about going back in to pay off your principal and interest balance. You can find a cash advance loans company in the phone book or online.

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