A myth about Direct Cash Advances is that it is unfair to the consumer and quite costly. However, in my experience that appears to not be the case. Payday advances from this type of source are quick, convenient and are really a life saver in case of an emergency. Lenders are easy to access via the Internet which saves you the trouble of trying to find a lender in your area. Most applications are paperless, faxless and in some cases, do not even require a phone call. If you tried to get a loan from a standard bank or financial institution, there is a lot of paperwork to fill out and these type of institutions run your credit report. Payday Cash Advance lenders do not run your credit so you can rest assured that if you have had some financial difficulties in the past it will not jump up to bite you now that you need a pay advance to solve whatever financial problem you may be experiencing right now.
Lenders require a modest fee for their services. This is quite normal as you must pay for any service you receive from a company, not just services from cash advance lenders. The fees vary from lender to lender so shop around to find the service (interest) fee that you are most comfortable with. I know speaking from experience, pay day advances have enabled me to get out of an unexpected bill on more than one occasion.
When my car went down and I had unexpected repairs or when a pipe burst in my home and I needed to call an emergency plumber, a direct payday loan saved the day on both occasions. Receiving my funds was easy and convenient and when it was time to pay the funds back, the lender I selected conveniently debited my checking account for the funds they deposited plus their modest fee. I was able to solve my problems at home without ever leaving the comfort of my house! How many other financial institutions can make that claim? These personal cash loans are o.k. in my book, and I will certainly call upon them again if I find myself short on cash for some reason or another.