Tue 2 Oct, 2012 05:29 am
Many people have been using this as a means of making their ends meet or when there is an emergency. But what really is fast cash loan and how does it work?
@wally376,
wally376 wrote:
Many people have been using this as a means of making their ends meet or when there is an emergency. But what really is fast cash loan and how does it work?
Why not just go to their website and read about the company? I'm sure you can find them through google.
A cash advance is a short-term loan offered by lending agencies and payday loan companies for emergencies such as medical expenses and car bills. It does not require any credit or background check. The process of obtaining a cash advance is quite simple. Applications can be filled out online, and the information required covers personal, employment, and bank account details. Upon approval, the amount is deposited in the borrower's bank account.
@wally376,
Pay day loans are basically LEGALIZED highway robbery or illegal in the case of the state of NY (which is confusing because if not exactly but similar to payday loans are still being advertised here in NYC).
http://www.nyc.gov/html/ofe/html/help/tips_payday.shtml
http://www.ftc.gov/bcp/edu/pubs/consumer/alerts/alt060.shtm
@tsarstepan,
They sure are! Basically legalized loan sharks! They’re all over here in Florida!
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