Getting a cash advance or payday loan online can be a confusing task. You may have surfed through a half-dozen sites and filled out forms on a few already. Why can't it be easier?

It should be....you'll be paying hefty fees for your loan. But to be honest...for all of the sites out there, there are only a few lenders that wind up processing you loan. All of the other sites earn a small commission for sending your application to the lender. In fact - there may be a handful of people who own all of the sites you've looked at!

So let's get started.

Wait..let's back up a bit. We'd like to talk a bit about the nature of a cash advance and why there are lessthan ideal UNLESS you absolutely need the money and are SURE you can pay it back within the lender's terms of agreement when you apply for the loan.

A cash advance is RARELY a good idea as far as getting a loan goes. You may want to consider other alternatives if you can, and you may want to consult with your bank for alternatives to payday loans. Your options may include getting a temporary title loan on your car or you may even be eligible for a standard loan with better rates.

Ok ok we know you're probably desperate. If you want to skip ahead you can go directly to our lender page. If you have any immediate questions you may want to take a look at our frequently asked questions page.

First let's take a closer look at what a payday loan or cash advance really is. The term cash advance is a bit more misleading than a payday loan because in most cases they lender is actually using your next paycheck as collateral. Other names for payday loans include deferred deposit check loans, short term personal loans, check advance loans, and post-dated check loans.

Now let's take a look at what the payday loan could potentially cost you. Most lenders will charge you a dollar amount to borrow a determined amount of money. For example - if you're looking for a $500 loan, you may have to pay as much as $20 per $100 that you borrow. Which means that you'll pay $100 for the loan - this would usually come out of your next paycheck.

Every payday loan company is required to tell you the amount the loan will cost you as well as the interest rate they are charging. This is a legal responsibility of the lender under the 1968 Truth in Lending Act. Ok so they have to disclose this information BUT that doesn't mean they have to make it easy for you find it. You'll have to look closely at the agreement of the loan prior to applying. Some unreputable companies will not provide this information until AFTER you have already applied! So be careful.

One of the biggest kept secrets in the payday loan industry is a "roll-over". This is when the person who has received the payday loan cannot afford to repay the loan in full with their next check. In this case the lender will "roll-over" the loan with a new set of fees and another two week window for repayment. In many cases the loan recipient will pay more than the loan in fees! So make sure that you can afford to pay the loan with your next paycheck!

Now having said all of that..there are other reasons to consider a payday loan. Sometimes late fees or bounced check fines are more than than the fees associated with a payday loan. Take a look at the bigger picture and be sure to weigh your options.

Alright enough - thanks for bearing with us this far. If you have any questions and can't find an answer to them on this website feel free to email us.