The Low-Down on the Cash Advance Loan Process

A cash advance loan is a small personal two week loan. It is a loan that you borrow from a cash advance company. You can apply for a cash advance loan online, in fact if you're going to use Mypaydayloan.com you must apply online. The loan application can be found on our website http://www.mypaydayloan.com. The entire process takes place online. You first complete the online application, and then you submit it online as well.

You can apply at any time. Our application is available online seven days a week, twenty four hours a day. Our loan team will process your application as quickly as they can. A normal cash advance loan application is processed within one business day. Once your application is approved, our loan team will send you the money the very next business day.

Your first cash advance is free when you pay out in full. After you have received your first free loan a finance fee is paid on all subsequent loans. The finance fee is $25 for every $100 borrowed.  It’s important to realize a payday loan is a short term loan.  If you need a long term loan than this is not the type of loan for you.  A payday loan is a two week loan which means finance fees are charged every two weeks.  This incentivizes customers to pay off their loans as quickly as possible because the longer you procrastinate and put off repayment, the more money you waste on finance fees.  Take our advice and pay off your loan in two weeks as intended.