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Home » Payday Loan Information » Cash Advance Loan

What is a Cash Advance Loan



The cash advance loan being referenced here is also known as a payday loan, paycheck advance, or payday cash advance. It is a short term loan that is taken out in between paydays with the intention of being paid back during the next payday term. This is not the cash advance that is taken out against a line of credit on a credit card.

What are the pros and cons of cash advance loans with you guys?

Here at Pay1Day.com, we offer a simple 3 step procedure to getting quick cash. All you have to do is:

  • Apply for a cash advance in 3 minutes
  • Get an instant cash advance online approval
  • Get up to $800 cash overnight

So the process of and procedure of getting a cash advance loan is easy. The main requirements are that you are employed with direct deposit.

Getting a cash advance loan is easy, however, you have to be aware that cash advance loans have higher interest rates and faster repayment period that other types of loans. This allows us to be able to approve and fund loans on less strict credit and income criteria quickly. If you are aware of both the pros and cons of a payday cash advance and need some quick cash – what are you waiting for? Hit the “Apply Now” orange button.