Cash Electra / Cash advance

Cash Electra / Cash advance

Cash advance – also called an interim loan, payday advance or a deferred deposit transaction–can help tide you over until the next payday. Depending after legislation of the state where you stay, you can request a cash advance of $100 to $1, 500 and, after approval, get cash in minutes1. Once your completed loan application qualifies, all you have to do in most cases is write us a personal check or authorize all of us to debit your pay in account electronically (ACH) for how much the loan, plus fees2, and hold your check or refrain from debiting your bank consideration electronically (ACH) until the loan is due–usually your next payday. The task is fast. It’s easy. And, it can confidential.

Banks operate stand-alone cash advance/payday move forward locations throughout the Usa States. These stores give you a variety of services, including cash advances/short-term loans, check cashing, pre-paid debit playing cards, money orders, money exchanges and the getting platinum in select locations. In addition, many of our pawnshops give you a payday advancements, Cash America abides by the guidelines of the Community Financial Services Connection, the governing body for an association that stimulates responsible lending.

Items needed to obtain a cash advance/payday advance:
– Valid driver’s license or other state-issued image ID
– Proof of income or recent pay stub or other form showing take-home pay and Social Security number
– Checkbook with pre-printed checks*
– Most recent bank statement
– Valid phone number and proof of home treat

Additional documentation may be necessary.

A single pay day advance is usually for two to four weeks. Nevertheless , borrowers often use these loans over a period of months, that can be expensive. Payday advances aren’t suggested as long-term financial alternatives.