Instant Cash Advance - Robocop VII
As things are, we Payday Police have a tough enough time policing todays available cash advance alternatives. These loans are fast, much to fast to realistically enforce on a case by case basis - one second you need money, and they next you already have it, spent it, and are writhing in agony because you have no idea what hit you. Problems a-plenty with the fast cash advance hanging around - imagine what the world will be like when all systems are set to instant?
A dark future with an instant cash advance
Just imagine:
- An online application when you fill out your information, hit a button, and an instant cash advance is wired immediately into your account at that very moment.
- Imagine what it would take for the lender to handle such opportunities - full automation, full attention, and arrangements with all kinds of banks and Internet security forces.
- Imagine also what such an instant cash advance would cost.
Indeed, instant anything will come at a premium, and when its access to cash you're talking about the costs are sure to be astronomical. Worse still, the Payday Police would be absolutely helpless against an online cash advance that was applied for in an instant, delivered in an instant, and repaid the instant you got paid. Helpless...unless we created some sort of killing machine to run the payday advance beat.
Hello greater online interaction!
The only way to make sure an instant cash advance was completely safe for the world to use would be greater regulations and limitations on the application itself. You can't just plug in any old number for your income without verification, yet thats exactly what would be required to provide
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