Instant Cash Advance Online

Unexpected expenses draining your bank account? We’ve all been there. Whether you’re facing an emergency car repair, a medical bill, or other costly necessity, a Cash Advance can tide you over until payday. 

Also known as a same-day Payday Loan, Cash Advance is a short-term loan that quickly gets you the money you need. So, if you can’t wait for payday and need money now, getting an instant-approval loan online may be the answer. 

When you apply for an online Cash Advance, you’ll receive an instant approval decision and, if approved, have your funds deposited in your bank account in 24 hours or less. Let’s explore this quick loan option and what you can expect from the online application process. 

Where can I get an instant Cash Advance online? 

Many online lenders offer fast applications with instant approval decisions. When shopping around, choose a reputable lender that discloses all fees and interest rates upfront. 

Advance America instant Cash Advances

Also known as a Payday Loan, a Cash Advance from Advance America ensures you get money quickly. 

Why is it called a Payday Loan? After taking out the loan, you pay it back in full on your next payday. For most borrowers, that’s within two to four weeks. 

At Advance America, you pay a flat fee on the amount you borrow at rates set by your state. Borrowers who apply by 10:30 AM EST typically get their funds by the end of the day. But don’t worry. Even if you’re approved after the daily cutoff, you’ll receive your money by the next business day. 

Credit card Cash Advances

Most credit card companies allow you to get a cash advance with your credit card. Your available credit limit sets the maximum loan amount you can withdraw. For example, some credit cards limit cash advances to 20% of your available credit. 

One thing to keep in mind is that you’ll pay a higher annual percentage rate (APR) for credit card cash advances than for regular purchases. This can make credit card cash advances expensive, so make sure you understand the terms and fees involved. You don’t want to end up in a situation where you can’t make payments and hurt your credit. 

Merchant Cash Advances

Also known as a business cash advance, a merchant cash advance is an alternative type of financing for business owners. As such, this type of advance isn’t for everyone. If you own a small business, however, you may qualify for a lump sum you’ll repay in future debit and credit card sales, plus additional fees. 

Unlike a traditional Cash Advance, a merchant cash advance has longer repayment terms ranging from three to 18 months. The higher your debit and credit card sales, the quicker you’ll repay the advance. 

What expenses can I use an instant Cash Advance for? 

You can use the funds to pay for many different financial needs, whether it’s a sudden expense that needs immediate attention, higher-than-expected monthly bills, or an extra expense you planned for. 

• Emergencies. Use the money to cover car repairs, medical or vet bills, home repairs, appliance replacements, or emergency travel costs. 
• Monthly bills. When bills are higher than expected, an instant Cash Advance can help you continue to pay your bills on time and avoid any late or reconnect fees for services. You can even use the funds to pay for groceries or gas. 
• Planned expenses. If you’re facing an upcoming expense and don’t have the funds to fully cover it, you can make up for the shortage with a quick cash loan. Medical co-pays, deductibles, and costs not covered by insurance are prime examples. 

The flexibility of instant online Cash Advances means they can be a good solution in many scenarios. 

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How can I get a cash advance online? 

It’s easy to get an instant Cash Advance without ever leaving home. Here’s what you need to do: 

1. Compare lenders 

There are plenty of direct lenders on the market, but you want to work with a reputable lender with positive online reviews. Advance America has a 5-star rating on Trustpilot. We’ve been a trusted lender for over 25 years and we’re transparent about our application, funding, and repayment process. 

2. Determine your maximum advance amount 

Before you take out an online loan, find out how much money a lender can offer you. This way, you’ll know whether it’s enough to cover your expenses. Advance America’s Cash Advances typically max out around a few hundred dollars, but it varies by state. 

3. Calculate fees, interest, and penalties 

You’ll want to know how much your Cash Advance will cost upfront. Calculate your fees, interest, and penalties to avoid unwanted financial surprises. The lender should disclose this information in detail in the loan agreement. 

4. Complete your application 

Fortunately, most lenders offer an online application process, allowing you to apply in minutes. You’ll need to provide personal details like your name, email address, and Social Security number. 

At Advance America, our online application process can take just a few minutes. 

5. Receive your instant Cash Advance 

You should receive your funds shortly after your application is approved. The only way to get your loan payout online without visiting a lender is via direct deposit, so make sure you have your checking account and routing numbers handy when you apply. If you prefer to receive cash or a check, apply at your nearest Advance America location. 

6. Review your repayment plan 

Lastly, you’ll need to pay back your Cash Advance on time to avoid late fees and penalties. Most lenders automatically withdraw your payment from your bank account on your next payday, making repayment simple. 

Benefits of an instant Cash Advance 

There are several advantages to getting an instant Cash Advance online from Advance America, including: 

An easy application process 

You don’t even have to leave home to apply. Simply fill out our short application form online. The process takes just a few minutes! 

An instant approval decision 

One of the biggest perks of an instant-decision online loan is that you’ll quickly know if you’re approved. This is a huge plus if you have an emergency expense like a car repair or vet bill that you need to cover as soon as possible. 

Quick funding 

You won’t have to wait long to receive money. If you’re approved by 10:30 AM EST, you may get your funds via direct deposit by the end of the day. In any case, you should have your money by the end of the next business day. 

Good credit not needed 

If you have less-than-perfect credit, going through lenders that run credit checks can limit your loan options. But you may still get approved for an instant personal loan online even if you don't have good credit. 

At Advance America, we consider other factors like your income and employment situation when we review your application. Plus, applying won’t affect your FICO credit score! 

Alternatives to an instant Cash Advance 

While instant-decision personal loans are a good option for some people, they aren’t for everyone. If you don’t believe a Cash Advance is a good fit, consider these Payday Loan alternatives:

Installment Loan

An Installment Loan may make sense if you need to borrow more than your paycheck can cover. You’ll repay the loan in installments over a longer period, usually three to 36 months. This can give you lower monthly payments that are easy to budget. 

Best of all, you can apply for an Installment Loan online in minutes and receive funding within 24 hours. 

Title loan

If you own the title to your car, you can get quick money with a title loan. You’ll exchange your vehicle’s title for a certain loan amount. Your car's appraised value determines how much money you can borrow. 

Line of Credit 

A Line of Credit is a flexible financing option because you can borrow as much or as little money as you’d like up to your approved credit limit. Plus, you only pay interest on the amount you borrow rather than your entire credit limit. 

Is an Advance America instant Cash Advance right for you? 

Getting a Cash Advance online can be a good idea if you need to borrow money fast and you know you’ll be able to repay the loan in full on your next payday. This type of instant personal loan can help you get through a financial emergency without the hassle of waiting for an approval decision or getting turned down due to bad credit. 

Are you ready to get the money you need now? Apply for an Advance America online Cash Advance today.