Need some instant cash. It can be hard to find but is doable if you know where to turn. In most cases, if you need money in a hurry, you need to look into a payday loan or cash advance. Yes, these loans have rather high fees but they have several advantages. First, they are easy to qualify for. Second, they fund quickly. You can get money deposited directly into your bank account as early as the next business day. Ready to see for yourself, click here to apply online.

Pros & Cons of Payday Loans

Payday loans have a lot of pros and a few cons. Before taking on one of these loans, you should consider all of them. Here are some things that we want you to know about cash advances and payday loans in Seattle.

Pros
Let’s start with the benefits. These loans have the advantage of being very quick. You can get money deposited into your checking account almost instantly. In most cases, it will be there the next business day. No other loan in Seattle can fund so quickly. In addition, they are much easier than other loans to qualify for. Even if you do not have perfect credit, you can get a cash advance. Finally, they are easy to apply for. You can do so online from the convenience of your home.

Cons
Of course, we would not be doing you any justice if we did not give you some of the pros. The biggest con of this type of instant loan is that the fees are high. With high fees and low pay back times, the effective APR for these types of loans is quite high. Which brings me to another con, the loan terms are short. You will need to pay back these loans within two weeks in most cases. Because of this, you need to make sure that you will have funds available to cover the repayment.

No ratings yet.

Please rate this

Leave a Reply

Your email address will not be published. Required fields are marked *