How long does it take to get a cash advance?

When you need cash fast you can’t wait. Financial emergencies require quick action. Fortunately, cash advance companies online offer a very quick application process. You don’t even have to fax anything over to get approved for a cash advance! Most cash advance companies review the application you submit and almost immediately send you an email of confirmation that the funds will be available in your account the very next business day. So, assuming you have applied before 4pm EST on a Monday through Friday, you can wake up the next morning with cash in your account. Some banks will not allow you to do any type of banking (including ACH wires) on Saturday’s so make sure your bank accommodates should you decide to get a cash advance on a Friday. But, if you apply for a cash advance on a Saturday, you will have to wait until Tuesday to receive your money because this application is considered a Monday application.

Nevertheless, this is a lot quicker than the old fashioned approach where you drive to cash advance stores with all your information and humility, stand in line, fill out an application and wait for cash after a long, tedious process. The cash advance representatives may take one look at your outfit or the desperation in your eyes and say “denied” just because they may be having a bad day.

Some new cash advance companies are offering money as fast as one hour. This new approach uses a wire to transfer the cash advance directly into your checking account for extremely dire emergencies. You just need to make sure that these cash advance companies are not charging you a lot of fees for the money borrowed. These cash advance fees could get costly and eventually hurt your financial situation in the long run.