Has there ever been a time in your life that you have needed money but had no one to turn to for help? Well, we understand. Everyone around the world has been in some kind of financial debt at least once in their lives. But where do you turn to when you are in need of money? Your personal or local bank would be your first option. You would be able to consult with a financial advisor who would beable to go over everything that you have that is outstanding or that is already into severe debt. That might result in a lengthy contract that will make you repay your funds with a lot of interest added to it.
Our best option for people who are not wanting to use local or personal banks would be a Cash Advance. This options is actually easier than a Payday Loan. A Payday Loan is a type of Loan that is given to you with contingency that you are going to repay your funds upon receiving your next paycheck. There will also be an interest rate that will more than likely be added to that. However, a Cash Advance is where you are signing a contract to borrow funds and then to repay them with nit much of a hidden message there. You are simply asked to repay your funds in a timely manner.
esides being an easier option, a Cash Advance, is also easy in how you are receiving your funds as well. Once you have filled out your application, you are then given a a dollar amount of what that company id going to let you borrow. However, with not having to show or provide your personal paychecks, then you are not obligated to repay the borrowed funds by your nect paycheck. When you have filled out your application, the associate will go over with you all of the rules and regulations that are needed for this Cash Advance. You will then be able to understand everything that is being asked of you once you have received your funds.
How Does A Cash Advance Work?
Once you have found your facility as to where you are wanting to obtain your Cash Advance from, you will be given a process to go through. No matter what option you are trying to chose regarding where your money is going, you will still be able to get the entire amount that you were approved of. Whether by cash, check or even on a credit card, the exact amount will be given to you. The only difference between those options is that fact that some will have higher APR (Annual Percentage Rates) than the other. However, the length of time that you have to repay the funds will still be the same, regardless what option you chose.
Another benefit of a Cash Advance Loan is that you are able to ask for extensions longer than you would a Payday Loan. This is because with a Payday Loan, you are required to repay the funds with your next paycheck. However, a Cash Advance Loan does not have the same requirements. This is allowing the lender the option of giving out more money as well as providing longer repayment options.
There is a lot of information on our application that we require you to fill out. The only reason for this is so that our office and personel is able to submit the proper information to get you a large amount of funds. One requirement that we have is that you must submit your financial banking center information. This is so if you do decide to have your funds directly deposited into your financial banking center. Once you have been provided your total Loan amount, then you will be given the option of where you are wanting to funds to go. By us already having that information on file, it will be easier for us to tranfer the money instantly to your banking center. The you will be able to access your funds instanlty instead of waiting for a confirmation on your credit card.
What Are The Cash Advance Fees?
The answer is Yes. Whenever you are trying to borrow money from a lender or a financial center, there will always be some kind of fee involved. The only difference betweeen lenders and financial centers is the amount that the fees can be. If you have your funds put on a credit card, then there is usually a charge that is applied for every time that you are using the card. The fee may be minimal but there is usually a fee for every transaction. Another fee that would be applied towards having your funds on a credit card is that if you are trying to withdrawl the full amount of your Loan, then there will be a penalty of that as well.
We ask that every individual review the Cash Advance terms and policies prior to them submitting the application. This will help all parties understand exactly what is being asked of them as well as what your repsonsibility is regarding the repaying of your Loan amount. If you have any questions, comments or issues regarding the application or regarding the process of our Cash Advance Loans, then please feel free to contact an associate today.
As always, we look forward to working with you. Here at Burlington Payday Loan Solutions, we understand that every person will go through financial troubles at some point in their life. We are looking forward to assisting you with all of your financial needs, whether big or small. Contact us today.