Florida woman with payday loan

What It Means To Get A Cash Advance

A cash advance is a short-term loan that can be obtained quickly and pays off quickly. Florida residents can apply at any Fast Payday Loans, Inc. of Florida and get cash by the next business day.

It sounds simple, but what does it mean to get a cash advance? If you need emergency cash in between paychecks, keep reading to discover everything you should know before applying for a Florida cash advance.

What Is A Cash Advance, Exactly?

A cash advance isn’t a new concept. It was common for employers to provide cash advances, allowing their employees to pay back the advance a little at a time over their next few paychecks. That practice has become almost unheard of. 

And if they do, it will come with many restrictions and rules that traditional paycheck advances didn’t come with. Therefore, Floridians must turn to other means to get a cash advance. That’s why our payday loan program has become so popular.

A Florida cash advance enables you to receive emergency money until your next paycheck. This option will help you cover unexpected expenses until your next payday. With a payday loan, you can get a loan with only the following items: 

  • A valid driver’s license
  • Your most recent pay stub
  • An active checking account

Our cash advances are designed to give customers extra cash between paydays. You can get anywhere from $100 to $1,000 by presenting us with the abovementioned things.

When you apply, your eligibility is based on your ability to repay the loan, so even if you have been turned down for traditional loans, you could still get approved for a cash advance!

woman wondering about cash advance

What Are The Advantages Of A Cash Advance?

It’s crucial to fully understand any lending option before jumping in. There are several excellent cash advance benefits that you should know about when considering one. Here are a few that come to mind right away: 

  • Small amounts - Sometimes, a big loan isn’t necessary. Borrowing more money than what you need can lead to overspending. Instead, you could get a payday loan for a few hundred dollars and pay off what you need to without getting deeper into financial trouble.
  • Repaid in a single payment - The terms of your cash advance will be negotiated individually, but most customers set their payment to align with their next payday. This makes it easy to remember, and you don’t have any lingering debt.
  • No 2nd visit required - After you apply, you never have to revisit our office. Your blank check secures the loan, and everything else can be handled electronically. There’s no need to return to the office unless you want to ask questions in person or apply for another loan.

How Does A Cash Advance Work?

There are multiple ways to go about getting a cash advance. Customers can visit a Fast Payday Loans Inc office or open an application inquiry from home. If you are 18 or older, you could get approved in 30 minutes or less.

It seems too good to be accurate, but we assure you, it’s not. As you have already seen, very little is required from you to be eligible for a cash advance. The process is straightforward and can take as little as 30 minutes. Here’s how it works:

  1. You can complete most of your application online or over the phone, which can be done from anywhere. Either fill out our online form or call a nearby location directly.
  2. You’ll be connected with a representative from that location who can assist you with the rest of your application.
  3. The only other thing you’ll have to do is visit that location at a time that best suits your schedule to complete your application. We have locations all over Florida for your convenience.
  4. However, if you’d like to complete the payday loan process from home, you can choose the online option. The process will look the same, and you will finish the process with our trusted loan representative over the phone.
  5. Whether online or in-store, our representative will review your documents and determine your eligibility.
  6. If approved, you could receive your cash advance the same day you apply, making payday loans one of the fastest, most accessible short-term loans available to Florida residents.

woman with cash from payday loan

It’s Quick And Easy To Apply

Now that you know what it means to get a cash advance, don’t hesitate to fill out our online inquiry form if you need extra cash between paydays. In as little as 30 minutes, you could get approved for any amount up to $1000. This can be a huge relief when bills pile up after an unexpected expense.

Even better, there is no preferred credit score to apply, so even if you don’t meet the bank’s criteria for a personal loan, you are still welcome to apply for a cash advance at Fast Payday Loans, Inc. of Florida. If you’re searching for fast money in between paychecks, fill out our online inquiry form today! We’re here to help you get a cash advance to meet your urgent needs.

 

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.

Daniel Dewitt

Daniel Dewitt is a lifetime blogger with a finely-honed ability to break down, analyze, and interpret economic trends for the layman. He's fiercely invested in spreading financial literacy and helping everyday people gain the tools they need for their own economic success.