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A cash advance is a short-term loan that usually lasts no longer than two weeks. Often referred to as the same thing as a payday loan, amounts for this type of short term loan typically range from $100-$1000. Typical fast cash advance loans require you to fill out a quick simple form for qualification.

The elderly, shopkeepers that run pubs or stores that deal in cash, and anyone else who hasn’t fully joined the digital revolution stand in line when the bank van comes to town. Some people don’t bank.

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Are Online Payday Loans Safe? When you’re going through financial troubles, you might start to consider getting a loan to help you through. However, not all loans are safe or 100% legitimate, which can leave many people with worries and concerns.

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Loan renewals are not automatic; you must request it. It does not happen automatically. Repayment terms. You must repay your loan within 90 days. Repayment example. A $500 loan is due every 2 weeks and repayable in 6 payments of $126.05 for a total amount of $756.30. This example includes the $225 brokerage fees added to the borrowed capital.