Payday Police - Cash Advance Payday Loans

Cash Advance Payday Loans

cash advance payday loans - alternatives exist

Obtaining cash advance payday loans are relatively easy. Payday advance companies don't run credit checks and so they are not very strict as to who they issue cash advance payday loans to. These are the basic requirements for cash advance payday loans:

American citizen with social security number.
Employed for three months or more.
You have a bank account that allows direct-deposit or electronic transactions (most every US bank does).
You must have ID

Because it is so easy to apply for cash advance payday loans, it's important to realize that cash advance loans are very expensive. They cost about $20 to $30 for every $100 that you borrow. That's about a $100 for every $500 that you borrow. Consider that this is an APR of about 1000%. Compare your average credit card APR at about 15% and you'll soon see that these loans are very expensive. In fact, you should only consider getting a payday cash advance when you have no other options at all. If the cost is going to be greater by not getting a loan (because of late payments or suffering) then apply. Otherwise there are alternatives.

Consider YOUR options:

Use a credit card
Ask your family or friends for a cash loan
Sell or pawn unneeded things
Sell blood, plasma, semen or eggs
Ask your employer for a cash advance