Posts Tagged ‘Short-Term Cash Advances’

Short-Term Cash Advances

A short-term cash advance is a cash management tool used to provide the customer an alternative means to fill an immediate financial need. Short-term cash advances provide an alternative to bounced checks, utility service disruption, late fees on credit cards, mortgages, and auto loans, or to cover an unexpected expense such as an automobile repair bill or emergency doctor visit.

Cash advances are intended to provide an answer to a short-term need for cash in between pay periods and should not be viewed as an ongoing way to supplement the customer’s income.

Short-term cash advances are unsecured and short-term with a maturity of 14-30 days*. These advances are typically less than $500 and average just under $300. Click here to find a Cash America location near you.