Short-term, single payment loans known as cash advances (or payday loans) have grown in popularity. For those across the country who are living from one paycheck to the next and have had a small financial emergency without the finances to pay it, cash advances offer a quick and easy way to get much needed cash.

Such an emergency might be that your vehicle won’t start. You realize the problem is a bad starter. You don’t have the cash to replace it this week, but if you don’t get a new starter installed, you’ll have no transportation to and from work. At the risk of losing even more money, and perhaps even your job, a cash advance from a payday lender is the ideal solution.

Apply for a Quick Cash Advance NOW >>

Cash advances are granted with the information from your paycheck (gross and net pay, etc.) instead of your credit report, so even those with poor credit will probably still qualify. These loans are small in dollar amount (usually under $1,000) and short in term (paid in full within a month). Utilizing direct deposit through your employer may help to increase your loan amount.

Post-dated checks are one of the most popular repayment choices for cash advance lenders. The borrower writes out a personal check to the lender, post-dated with the loan’s due date, and for the full amount of the loan plus all applicable fees. The lender simply deposits the check when the loan becomes due and keeps the fees.

In Georgia, the state laws governing the Industrial Act now include the payday lending industry, limiting interest rates to 60% per year and loans of no less than $3,000. Although this doesn’t make cash advances illegal, it can certainly make it tough for the lenders to operate a business in the state.

Apply for a Quick Cash Advance NOW >>

* Cash-Advance-USA.org provides information and research on cash advances/payday loans. We are not a payday lender or broker, nor are we necessarily affiliated with the companies profiled on this site. Not all products and services are available in each state.