Financial Information
How do cash advances work?
Question : How do cash advances work?
I seen this online website and it looks interesting. It doesn’t say how much intrest I would pay? Will this company charge me intrest?
www.e-cashadvance.com
cashadvance
Best answer:
Answer by Amanda H
ABSOLUTELY– they’re not going to give you the money for free!
Most employers do cash advances and dont charge you a fee– consider that. Dont ever get into the payday loan trap– you’ll regret it!
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#2 written by SexyTrojan 1 year ago
Cash advances work by relying on the fact that you have a credit card, checking account or a job to guarantee the payment.
The interest is as high as 96%.
Cash advances are good when used ONCE when one is in a financial bind and can’t get e traditional loan from a bank.
Due to the high interest and fees, people take these loans out over and over. When that happens, the cycle is never ending.
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#3 written by monkey tuesday 1 year ago
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If you need a cash advance, borrow it from your credit card. I wouldn’t trust that company since they didn’t tell me my interest charge.