There are many positives and negatives about taking out a cash advance loan. It is not an option that people often consider, but under the right circumstances, it might be a good idea to help you weather a financial storm.
Pros of cash advance loans:
- If you have a bill that you have to pay, then a cash advance loan might be a good idea. For example, if you are going to get evicted, and your only alternative is to pay it with a cash advance loan, then that might be the smart move. Also, cash advance loans do not require you to get a credit check, so it won't hurt your credit score any, leaving your credit score untouched.
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News came out today that bank fees are at all time highs. DO NOT bounce a check because you do not get paid until Friday! Get a Payday loan now.
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