Payday Cash Advance

Cash advance loans are meant for life’s cash emergencies. When times get tough and money is running low, a cash advance loan may be able to help you get through. Before borrowing, it’s important to fully understand the process. Quicken Cash is here to provide answers to your cash advance questions.

Frequently Asked Questions

Q: What is a cash advance?

  • A: A cash advance is another name for a payday loan. The cash advance definition is this: emergency loans that allow you to advance cash from your next paycheck. Cash advances should be used for short-term financial needs only, and not as a long-term solution.

Q: How much money can I get with a cash advance?

  • A: Cash advance amounts are typically based on your monthly earnings and your ability to repay the amount you borrow. In addition, there are state regulations that may limit the amount you can borrow. For additional details, view the rates and terms section of your lender's website.

 

Cash Advance Process

 

Q: How do cash advances work?

  • A: Cash advances are advances on your next pay day. The process may vary by lender, but typically the process is as follows:

    • Fill out an application

    • Receive an instant lending decision

    • Sign your loan documents upon approval

    • Choose how much to borrow, up to the amount you’re approved for

    • Receive your cash

    • Pay back your advance cash plus fees on your due date

Q: How do I get a cash advance?

  • A: There are different ways to apply for a cash advance. Depending on the payday lender, you may be able to apply online, by phone or at a store near you. Check with your preferred lender to see what options are available to you.

Q: Where can I apply for a cash advance?

  • A: You can apply in-person at a Quicken Cash location near you.

Cash Advance Requirements

Q: What are the requirements to apply for a cash advance?

  • A: There are a few cash advance requirements that you will need to meet in order to apply. In most cases to apply you will need:

    • Valid ID

    • Proof of steady source of income

    • Checking account information

    • Valid phone number

Cash Advance Rates

 

Q: Where can I find cash advance rates?

  • A: Cash advance rates vary by lender and by state. Typically, they carry a flat fee associated with the amount that you borrow. Before applying, Quicken Cash recommends that you review the rates and terms with your lender to fully understand how much you will be charged.