Is a payday loans and cash advance the same thing?
Yes, payday loans and cash advance is the same thing. With a help of online loans no faxing it’s possible to get fast financial assistance when it’s necessary. These loans are secured against your next paycheck and have relatively high interest rates because they are available for people with poor credit and there are minimum reguirements to borrowers. It’s better to use this service in case you have a financial emergency and need to get money urgently. By the way, it’s very convenient that this service is available and you can apply for a loan just using the Internet. Repayment terms are usually from 14 days up to 30 days so you should be ready pay back when you will get the next paycheck.
Payday loans are short-term personal loans collateralized against your next paycheck(s). For many of our customers it’s the easiest and fastest way to obtain an emergency cash between paydays. American Advance payday loans are electronically deposited into your checking account within one hour or the very next business day, and repaid on your next pay date with an authorized electronic withdrawal.
