Get Your Quote Now
To start the process of getting your cash advance online, you first need to fill out a short quote form. It takes just a couple of minutes and requires only some basic information, so let’s get started.
The Online Cash Advance Process
Fill out your loan quote.
The first step is to enter your information. The information needed is basic like your name, phone number, address, income information and checking account (where the lender will send our money). We all hate filling out forms but the one at the top of the page is quite easy and much of it may be filled in with your autocomplete.
Submit Your Cash Advance Quote
When you are done, you will submit your loan quote form. The form will securely be transmitted to the loan network. This is where the magic happens. If a lender decides to not make an offer, your info will go on to another lender and this will repeat until you receive an offer or run through the entire list. It is the easiest way to get a bad credit loan offer that you can pay monthly.
If approved, your lender will send you an offer with information about the loan. Be sure to read all of the information and know what the loan is going to cost you and when you will need to pay it back. Once you are sure of all the details, you can decide to go forward or pass on the loan.
Receive Your Cash Advance
If you agreed to the loan, the money will be sent directly into your bank account as soon as the next business day. Weekends and Holidays may delay funding of your advance. Once the money is in your account, you can spend it as you wish.
Pay Back Your Cash Advance
On the due date specified in your loan contract, your lender will withdraw the principal plus any fees. If you find that you will not be able to pay back the loan on time, you should contact your lender as soon as possible. They may be able to extend the loan, but use caution. Loan extensions almost always come with additional fees.
About Online Cash Advances
How does an online cash advance work?
They are actually quite easy and much less work than trying to track down a local cash store. First, you enter your information in the online quote form above. It takes just a few minutes to complete, our lenders are not asking you for your life story. When you are finished, click submit and your information will be sent to a lender or lenders in the loan network. Once approved, your lender will send you all of the information on your loan for your approval. Be sure to read all of the details of the cash advance before you agree to it. If you decide to accept the loan, you can get money deposited directly into your bank account as soon as the very next business day.
How do you get a cash advance from a credit card?
This is not really the type of cash advances that we deal with at Loan Monkey but we can help answer this question. If you know the pin number for your credit card, you can simply go to a local ATM and pull out the money that you need. Barring that, you can take your credit card and a valid ID to a local bank teller. They should be able to get you an advance. Make sure that you read all of the details about advances from your credit card company. They are usually higher in interest.
What is the difference between a payday loan and an online cash advance?
There is no difference. These are both low dollar short term loans available with minimal credit requirements. These are loans that people often turn to if they are in desperate need of money fast. The amount that you can borrow depends on the state that you live in but most loans are well under $1000. Instead of interest, your lender will charge you a set fee per $100 borrowed. The fees translate into extremely high interest rates so use caution and make sure that you know what you are agreeing to.
Can I get a cash advance without a credit check?
Yes and No. Most lenders will use some sort of verification process but they usually do not use the three major credit bureaus. Credit requirements are very lax though for online cash advances so even if you think you have bad credit, you can probably still qualify for a loan.
Where can I get a 24 hour cash advance?
Right here. Fill out the quote form at the top of the page and you can get a quote any time of day. Funding will take a bit longer though. You would be hard pressed to find a lender that can get you money instantly. Most lenders will fund your loan as soon as the next business day, depending on the time of day that you got approved.
What do I need for an online cash advance?
Requirements are few but you do need a few things to get approved by a lender. First, you need a source of income. This source of income does not need to be a job, it can be any regular source of income that can be verified. Next, you need a checking account. The account should be in good standing so that your lender will be able to deposit your loan directly into it. In addition, you need a good contact number. Cell phone, land line, whatever, your lender just needs to be able to contact you.
Is a cash advance appropriate for an emergency?
This is something that only you can decide. A cash advance can get you money in a hurry but it comes with high fees. If you have no other source of money though, it might be the best option to get you through your emergency. Before you decide, sit down and make a list of all of your money options. Some common choices are borrowing from friends/family, selling something, loans, cutting expenses.
Is it easy to get a cash advance online?
Well, it is easy to get a quote, that is for sure. Compared to other types of loans though, cash advances are very easy to get. You can do everything online with little verification needed so, yes, I would say it is pretty easy.