Cash Advance Service

There are millions of people around the world that are struggling with money. Whether you are late on your bills or you are currently in debt. Either way, you are having financial issues. Do not drown in your own debt. Instead, search for a cash advance. A cash advance is a type of loan that allows you to borrow money against your next paycheck. Sounds pretty easy, right? That is because it is easy. From time to time, we find ourselves in situations that can be stressful. Why not have the convenience of a cash advance help you get the money you are looking for. But what if your checking account is low on funds as well? We don't even mind. With a cash advance, you don't have to have money in your bank account. All you have to do is have a job. Simple as that.

Reasons For A Cash Advance

Customers always ask us: What can I spend the money on? The answer is everything. Once you have your cash advance in your hands, all you have left to do is spend it. There are no regulations or restrictions that require you to spend the money for a certain reason. You can purchase clothes, pay bills, clear your debt, buy groceries, etc. If you can purchase it, then it is yours. There is nothing better than having a cash advance in your hands when you are low on money. So what exactly is a cash advance? A cash advance is considered a short-term loan that allows you to take money against something. Maybe you borrow money against your next paycheck or against your credit card. However, instead of charging debt on our credit card and repaying back, you are getting the money in cash. This could be done by going to an ATM or a bank. Any place that allows you to pull out money. There is no set machine or ATM that you must use.

Just like you would borrow money from a bank, Lexington Payday Loan Solution allows you to apply within our company. All you have to do is apply and you are approved. It is very important that you know your spending limit. Just because you are approved for a certain amount does not mean that you must spend that entire amount. Most people have a limit around a few hundred dollars. So if you are really struggling with finances, try to limit your spending. This way, you will not spend every last dollar you borrowed. Remember, what you borrow today, you will have to repay within a certain time frame. You will be notified of your repayment schedule when you receive the cash advance amount. We will inform you about when your payment is due.

Cash Advance Fees

There will always be a fee with anything that has to do with borrowing money. Whether you get a payday loan, personal loan, cash advance, etc., you will have to pay a cash advance fee for borrowing the money. The percentage of the fee will vary depending upon the amount of your cash advance. Most loans have a fee of 2% up to 5%. Again, depending upon the amount of your cash advance. When you pull money out of an ATM, there may also be a fee for that service as well. Just like you would have a fee for taking money out of banking account, this is the same scenario. Your ATM fee will vary depending upon the amount you are trying to pull out. The larger the amount you withdraw, the larger the fee.

The other type of fee associated with a cash advance is the interest. Just like an average credit card, there is an interest fee that must be repaid with your borrowed funds. The interest rate for a cash advance is normally higher than a normal credit card. That is because a credit card is based on your credit score and credit history. Since there are no background credit checks, there is no credit history to monitor if you can pay your bills or not on time. So that is why the interest rate is a little higher. Also, your interest rate for the cash advance accumulates from the day you are approved for a cash advance. Instead of having a grace period like other credit cards, there is no grace period for a cash advance. Just borrowed money and fees to go with it.

You could always examine your finances carefully to see if there is a way to borrow money from a different place. If you set aside a certain amount of money from every paycheck, soon enough you will have a large amount of money that you saved. That money could be spent on anything you please. You could also use that saved money to get yourself out of debt. Either way, Lexington Payday Loan Solution is there to help you. Searching for money can be a difficult task to do. So why not let a loan company do it for you. No credit checks, No hassle. Just cold, hard cash waiting for you. All you have to do is fill out an application and you are good to go.

If you are needing assistance with our online application, don't hesitate to call. We have associates that are ready and willing to assist you on your cash advance. Get started today on your cash advance loan process so you can begin your financial journey. Call us today.