Advance Financial offers an alternative to instant payday loans designed to help with your short-term cash needs. It is an unsecured loan which means you don’t have to use your assets as collateral. Lenders who offer an instant payday loan will typically disburse the cash on the same day of submitting your application, but our instant payday loan alternative offers cash on the same day as well. Also, payday loan amounts are smaller than our loan amounts, and you are required to repay the money within 3-4 weeks, typically on your next payday.
A payday loan is not always the best solution. If you take out a payday loan, you may fall into a never-ending cycle of debt. At Advance Financial, we offer an alternative to payday loans to help with unexpected expenses. You just have to create your account, provide your personal details and proof of income and wait for your loan to get approved.
If your application meets our criteria, your loan is approved very quickly. Our online application is available 24/7 and we can normally give you a loan decision instantly.
Why People are Using Payday Loans?
People apply for a payday loan because they are instantly approved without a credit check. A payday loan helps you avoid the embarrassment of borrowing from friends and family. But because of the strict terms and high interest rates, it can be tough for most borrowers to repay the loan.
This leads people into a never-ending cycle of debt with excessive interest when they have to take out another loan to repay the existing loan.
Surprisingly, 69% of people who take out payday loans use the money to cover recurring expenses such as credit card bills, rent, and food. This indicates that the majority of people who take out a payday loan have an ongoing problem with not having enough cash and a constant need for more income.
When Can You Apply for an Instant Payday Loan?
Unexpected expenses pop up out of nowhere. You can apply for an instant payday loan to cover those unexpected expenses such as:
- Paying your credit card bills
- Sudden car repairs
- Emergency home repairs
- Unplanned travel expenses
When things like these happen, applying for Instant Payday Loans Online can be your first thought. But Advance Financial has an alternative to an instant payday loan, which also helps you get instant money and at the same time gives you the freedom and flexibility you need.
How Much Money Can You Get with Advance Financial?
We offer loans from $25 up to $4,000 to our customers, depending on the state where you live. Before approving your loan, we consider your ability to repay the loan and a few other factors. Once you are eligible for our loan, you can be instantly approved, and money will be credited into your debit card or bank account instantly.
Snapshot of Our Best Features
- Instant approval
- Instant disbursal
- No collateral required
- Minimal documentation
- Flexible repayments
- No Prepayment Penalty
- No restrictions on use
Can I Get a Loan with a Low Credit Score at Advance Financial?
People with a bad credit score may find it difficult to get a loan approval from banks. At Advance Financial we offer credit even if you have a low credit score. We understand that people have financial difficulties and may have missed a payment here or there or made late payments. These things can lead to a poor credit score.
Advance Financial makes decisions based on the most up-to-date data like your current employment status and your ability to repay. You can obtain a loan even if you have a bad credit score. Unlike other lenders, we don’t ask for any collateral in order to get you approved for a loan. We always make sure that everyone has access to credit when they need it the most.