subject: Cash Advance - Timely Money For Urgent Purposes [print this page] Cash advance is a product that the UK salaried class of people can instantly avail without any credit checks in few hours and on the same day. If you are getting a regular salary, then you do not have to go through all those hurdles in borrowing money on time. As the title suggests cash advance now, you can avail funds in cash or your next salary in advance. The approved amount will electronically available to the borrower in their bank account within 24 hours.
Cash advance ranges from 100 to 1500 for a very short period of two weeks until your next payday comes. So, you can get freedom from the repayment on your next payday. These loans are instant in nature and do not require any credit checks from the side of applicant. The availed amount can be put to any use like paying off expensive credit card bills and combating the family urgency.
To avail the funds, the applicant should be drawing a monthly paycheque for past six months and there should be an active bank account on his name. Generally, lender provides these loans against a post-dated cheque from the client. The cheque contains the borrowed amount and the interest rate.
If you are thinking that you bad credit will become obstacle, then you are wrong. You can avail these loans without any credit history check. Even with risky mark like payment defaults, late payments, and CCJs, you will be instantly approved without going through the process of credit checks.
Cash advance always linked with high interest rate and sometime this high interest can be burdensome on your next paycheque. So, it is quite important for borrower to make monthly budget for next month. To get relief from the high interest rate on smaller amount of loan, it is crucial to first compare as many online lenders quotes as you can on the Internet. Make sure about all the terms and conditions beforehand.
by: Lee Jonson
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