The Ease of a No Hassle Cash Advance
The last thing that you need is another form of stress. Luckily, there are many licensed lenders today offering the hassle-free cash advance and payday loan. These are still cash advances and payday loans, only without the hassle.
The Typical Stressful Instant Cash Advance
The common cash advance that we all know is already hassle-free. It is one of the unsecured short term installment loans. The common instant cash advance comes from your credit card. Simply use your card to withdraw money from any compatible automated teller machine, and you will have cash.
The lender will require that the cash advance borrower to pass documents that will prove that he/she is at least 18 years old, is a resident of the state, and that has a regular job. Many more documents may be necessary, making this a tougher cash process.
After processing all the troublesome cash documents, you will have to talk with the lender’s representative for the interview. The representative must recheck the accuracy of your given information, and will tell you to wait for the cash advance’s approval.
It takes only a few days before you hear from the lender again. If you have been waiting for a week, there is a high possibility that your cash advance request is not granted. If the payday loan payday is granted, you will have to process even more documents. Paying the short term installment will be easier, but never as easy with the no hassle cash advance.
How Easy are the No Hassle Cash Advances
The goal of every no hassle cash advance lender is to make the process of getting instant cash as fast and easy as it could be. However, how easy and hassle-free are the no hassle cash advances?
Compared to the typical payday loans process, the no hassle cash advance will require no additional documents or tedious processing to get instant cash. All that is needed by the lender is a proof that you are employed or at least have a steady source of income, like a business or a retirement benefit.
The no hassle cash advance and payday loan is even easier when done online because everything will be processed on the Internet. You must fill out the available form, as well as submit any required documentation. The representative will call you or email you, and your approved cash advance will be sent electronically to your checking account or bank account. If not, then a check will be issued to you. This cash advance check can be sent by mail or you may pick it up from the lender’s office.
What’s the Catch of a No Hassle Cash Advance or Payday Loan
Although really hassle-free, there are still certain “catches” that you need to know before dealing with no hassle cash advance licensed lenders. First, the rate is typically higher than the normal cash advance interest rate. Even with a higher interest rate, you can still pay it off if you will pay the short term installment loans within the specified period of time.
Besides the higher interest rate, there is nothing more to worry about with the no hassle cash advances as long as you are dealing with licensed lenders.
One risk of looking for a no hassle cash advance short term installment is that many scammers use this option because they know that many borrowers will be trapped into this kind of deal. However, it is fairly easy to distinguish a scammer from licensed lenders offering no hassle cash advance.
A legitimate no hassle cash advance or payday loan lender will never ask for any payment upfront because the lender knows that you do not have enough money. However, a scammer will ask for payment upfront because the real intention is to scam you, not to help you legally. This payment can be in any form, but think about this “payment” as an excuse by the scammer to get money from you.
So even though licensed lenders offering a no hassle cash advance or payday loan are everywhere, scammers using the same offers are everywhere as well. Do not be a victim of these scammers just because you need instant cash. Always give yourself time to think things through and check the reputation of the lender.
You will only be in more debt if you are not careful when dealing with no hassle cash advance and payday loan lenders. Remember, you are looking for a no hassle cash advance and not something that will stress you out. So be careful and make sure to deal only with no hassle cash advance licensed lenders.