Define: Payroll Advance

A payroll advance is a two week, cash loan. When you get a payroll advance you get cash deposited directly into your bank account and you have two weeks until you have to pay that money back. A payroll advance is not only a short term, cash loan, but a payroll advance is a personal loan which you can use for whatever you want. You can go shopping for winter clothes with a payroll advance. You can buy tickets for a football game with a payroll advance. You can pay your utility bills with a payroll advance or you can use your payroll advance for extra vacation money.

Price: Payroll Advance

A payroll advance is free to all first time payroll advance customers. We know that you will be satisfied with your payroll advance and we want to prove it to you, so we give all of our new payroll advance customers a free payroll advance. The way our free payroll advance works is that the finance fees are waived on the payroll advance when you submit a payment request to pay out in full. If you are not a new payroll advance customer you will have to pay a 25% finance fee on your payroll advance. This means that you have to pay $25 for every $100 that you take out when you take out a payroll advance. If you take out a $400 payroll advance you will have to pay back the initial $400 plus $100 in finance fees. Don’t fret if you are not a new payroll advance customer because from time to time Mypaydayloan.com runs free payroll advance promotions. Whenever we are running free payroll advance promotions we send out emails to our eligible payroll advance customers to notify them about the promotion.