Direct Payday Advance Loans from Check Cash Loans are both easy to apply for and to qualify for. If you need cash fast to hold you until payday, you’ll find that the process is quick and convenient. When borrowing money, you may become confused by the fact that there are many different programs to consider, each one having a loan name corresponding to the type of loan. Direct Payday Advance Loans are often confused with Cash Advance Loans, and while they may sound similar, there are important differences you should know about.
Payday Loans Vs. Cash Advance Loans
The names sound the same, but there’s a big difference between Payday Loans and Cash Advance Loans, the latter, typically offered by fintech companies rather than payday lenders. What really separates the two servcies is the way in which you’ll pay fees for borrowing money. Make no mistake- even the best payday loan company online will charge you a fee for lending you money until payday; however, with a payday loan agency, you know exactly what it will cost you to borrow against your paycheck. The same can’t be said of Cash Advance Loans.
Online Payday Lenders In Disguise
Cash Advance companies often pretend to be payday lenders online when in reality, they lend money without a stated fee, then request a ‘tip’ from the borrower. Suggestions for tips often translate to firm recommendations that can exceed fees from payday loan companies. Many cash advance agencies market themselves to employers as being just another payroll benefit when, in fact, they’re making money hand over fist in membership and service dues.
Which Is Better?
Consider the simple fact that it’s always better to know what a service will cost upfront rather than taking a chance and ending up paying more down the line. Same day pay loans from Payday Lenders have a clear outline of what the costs of borrowing money will be, even before you sign and agree to their money-lending services. Contact Check Cash Loans with any questions about the fees associated with pay check loans online- we’ll be happy to explain our fees to you and guarantee that there are no hidden fees or charges associated with borrowing from our lenders.
Direct Payday Advance Loans Check All Boxes
Cash Advance websites are something of a novelty; there are still many factors that are unknown to borrowers when they choose a cash advance agency. If you like to know exactly what it’s going to cost you to repay a loan when you need to borrow against your next paycheck, choosing a Payday Loan will be in your best interest.
If you need money fast, Check Cash Loans makes it easy to apply for a paycheck advance loan by phone or online. Our single form application takes about two minutes to complete; once you’ve been approved for the advance, your money will be automatically deposited into your bank account- and automatically taken out on the date of our agreement for repayment.