No one is exempt from needing a little extra cash days or weeks before his or her payday arrives. This can be due to numerous emergency reasons, some health-related, or other household necessities like repairs or other immediate concerns.
Especially in today’s economy, more and more people are struggling to have their needs met. Utilities are one of the most important things to live with.
In addition, you need food and medical care. When there just isn’t enough money to pay for these needs, people find themselves very desperate.
These are important matters that need to be dealt with, and getting a payday advance seems to be the best solution to this instant requirement. A payday advance is requesting for an amount close or equal to your payroll salary a few days or weeks earlier than it is actually due.
This is the answer to the urgency of your money emergency. Usually, cash advances that are related to your salary will have to be requested from your employer or office.
However, there are instances that your boss may not approve of your salary advance request. Your office may not have ready funds available if the payday is still a couple of days away, or some approving officer is not around to sign your request.
In some offices, you will need to go through a few departments to have your cash advance approved, and by the time the amount is released, your money emergency has long passed. Or your boss might ask you why you need to make an advance so you will need to divulge personal information that you’d rather not share with your co-workers.
These and some other circumstances can hinder you from getting the money you need immediately from your place of work. But there is another option left for you that you can consider.
There are payday advance companies that can accommodate your need in a very quick and hassle-free manner. These credit agencies can lend you a payday advance as soon as you need it, releasing the cash for as fast as one day.
It can address the emergency situation you are in, and at the same time assures you that you can pay it back because your expected payroll amount can cover it for you. And you can pay this amount as soon as you get your salary, which is the same as getting the payday advance from your own office.
However, you will need to note that since this is an emergency need, the interest can be a little bit higher than normal. Getting your payday advance approved is very easy; you just need to present a valid proof of your paycheck.
The process for a payday advance is quite simple. The requirements are that you be at least 18 years of age, have a job that brings in at least $1000 a month, have a bank account and be a resident in the country in which you are applying.
These companies do not do credit checks so no need to worry about your credit status if you have a negative one. Choosing the right company to deal with can be done online to help you with your cash requirement in the quickest possible time.
To make the process even faster, most payday advance companies offer direct deposit so your money is available within a few short hours. It is not recommended that you go to a pawn shop.
As with anything, it is best to go to a professional who specializes in the service(s) you need. Once you have decided which company to go with, make sure you research them a little to ensure they are legitimate.
The payday advance market has grown considerably in recent years and your chances of being scammed are lower now than they were. But it is still smart to read all the fine print and even try to find consumer reviews before you go through with the process.