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Cash Advance

Thursday, April 13, 2006

A Signature Loan is a Cash Advance

Sometimes a payday loan can be confused with a what some call a cash advance. There really is no difference in the two; however, they both are like signature loans. The difference in a signature loan and cash advances is that there is no credit check required.

When looking for a short term loan solution you should aways get a few quotes or look at what the fees might be for a cash advance. No matter what you think about quick cash solutions . . . you need to be informed of what fees, terms, and other conditions need to be made for re-payment.

Not all lenders are out to stick it to you with fees and hassles, but there are banking institutions were face to face is much better than just a name in a database or application from a website. Be careful where you shop and who you take a loan out with.