Fast Cash Advance

Are you eligible for getting a fast cash advance loan?

Fast cash advance loans are perhaps the only option to get rid of sudden and unexpected financial issues caused by medical emergencies, unemployment, college admission and alike. Such loans have become more popular than ever before, as in the present economic scenario people can hardly save money and build up an emergency fund that can be used to cope with financial emergencies. Although anybody can be in need of these loans, yet people with bad credit need it even more. People, who don’t have good credit rating, are often refused by the conventional loan providers like banks and credit unions; and thus they opt for fast cash advance loans to fulfill their urgent financial obligations.

Requirements for getting fast cash advance

If you’re in very much need of hard cash, but declined by the banks and credit unions, you can surely opt for fast cash advance. However, you must meet certain requirements and those are:

• Minimum monthly income – The loan amount usually ranges between $500 and $1500 depending on the lender. The loan amount also depends on the monthly income of the applicant. Most of the fast cash lenders want the borrowers to have a minimum monthly income of 1,200 USD. Therefore, if your monthly income is 1,200 USD or above, you’re likely to get such a loan.

• Age criterion – To get a fast cash loan, you must be an adult; i.e. you must be at least 18 years old.

• Checking account – Unless you have a checking account in active status, you won’t be eligible to get a fast cash advance loan. Moreover, if you’re seeking any amount more than $500, you should furnish last 3 months’ bank statement. The lender will consider the bank statement as the proof of your financial activities during last 3 months. Your loan provider may ask you to void a personal check.

• Full time employment - Most fast cash lenders want the borrowers to have a full time job with the same company for at least 3 to 6 months prior to they apply for the loan. Thereby, if you’re employed with the same employer for last 3 to 6 months, you’re likely to get the loan. You should also have regular paychecks, which are directly deposited into your bank account. If you meet these criteria, your loan will be approved and disbursed as early as possible. The loan will be deposited into your active checking account within 24 hours.

• Application form and other documents – Fast cash advance loans generally offered by online loan providers. Therefore, to get such a loan, you may need to fill out a simple online form. Once the loan is approved, you will be asked to fax your bank papers including your bank statement. The lender may also ask you to furnish photocopies of your driving license, current phone bill and Social Security Card along with the current pay stub and a voided personal check. Last but not the least, you have to bring the loan contract signed by you.

Alternatives to fast cash advance loan

There are some viable and effective alternatives to fast cash advance loans. These alternatives are even more suitable for people with extremely bad credit. The alternatives are:

• Small credit card loans – Even if somebody has gone through a bankruptcy recently, then also he is eligible to get a secured credit card with small credit. These cards are actually prepaid cards that lend cash to the bad credit holders. If you want to opt for a secured small credit card, you need to put some cash on your card prior to you start using it. Once you pay back the loan amount along with interests within stipulated time, the lender is likely to report the timely payment to the credit agencies that would help to improve your credit consequently. You can also obtain a low line of credit by means of this card. The line of credit generally ranges between 200 USD and 300 USD.

• Payday loans – When it comes to getting fast cash advance, you can surely opt for a payday loan. Irrespective of your credit rating, you can get a payday loan that you need to pay back on your next payday or on the date agreed upon by both you and your lender.

• Liquidation of assets – This is another option of getting quick cash. You can sell some of your belongings. Even if you don’t have any valuable possessions, then also you can choose this option. You can sell off any item that is not conventionally considered as valuables. To sell these things, you can arrange a garage sale or list the items on Craigslist or Ebay. Whether books, CDs, games or clothes, you can sell anything on such online marketplaces.

Life is changeable and thus its demands. You can never predict when an emergency occurs. Therefore, to cope with an emergency situation efficiently, you must build an emergency fund by setting aside some cash every month. However, if it is not a feasible option for you, you can opt for taking out a fast cash advance loan. Make sure you repay the loan in time to avoid paying a fortune in interests.

We offer fast cash advance without credit check. For fastest and safest online transaction of fast cash, you can surely depend on us.