Guaranteed cash loan services are designed to help people resolve their emergency situation as soon as possible. And that is why payday advances are given within 24 hours of applying.
Help Dealing With Emergencies
Emergencies can often leave people short of cash or in need of cash right away. Your car has broken down and your payday is still a week away. You are left with two choices - you can either fix the car and have little or no money left to pay for your other expenses, or you can wait till your payday to have your car repaired. If you wait till your payday you might have to take time off from work or spend hours commuting via public transportation.
The sensible option is to take a cash loan guaranteed and have the vehicle repaired. On the payday you can repay the guaranteed cash loan plus the fee.
Today many people make use of payday loans to take care of their short term emergencies. Unexpected medical bills can often leave people short of cash. With 24 hour cash loans people can stay current on their utility and credit card bills.
A guaranteed payday loan is a short term loan that is usually advanced for a period of 15 to 30 days. The loan is usually due on the next payday of the borrower. Most lenders will agree to rollover the cash advance; however, it is better to check with the lender before you sign on the dotted lines.
Lenders will charge a fee of $15 to $30 for advancing a payday advance. Since there are so many payday loan services, it is not hard to find a payday advance with affordable lending fees.
How Much You Can Borrow
Those who are applying for the first time can get as much as $1500. How much an applicant can borrow actually depends on his/her monthly income. The borrower must at least be earning $1000 per month to get a cash advance. If the borrower repays on time, he/she can qualify for a higher amount the next time around.
Payday advances are very helpful during emergencies, because the applicant does not need to submit any documents or show a good credit score to avail of fast cash. The applicant needs to be 18 years old or above, be an American citizen, have a regular job for the past 90 days and an active bank account to get a payday advance.
When you are dealing with an emergency, you need cash fast without any hassles. Guaranteed cash loan services guarantee cash within 24 hours.