Recent Posts

What is a cash loan called?

What is a cash loan called?

Called a payday, salary, short-term, cash advance, small dollar, or payroll loan, any short-term loan offered through an...

Top Of The Month

What happens if you default on a cash advance?

Recent Post

What is an MCA lawsuit?

If after a week or two, on average, the Merchant Cash advance company is unable to recover the borrower as a customer and ...

What is an example of cash advance?

Using your credit card to pay a bill, such as an auto loan, through a third-party bill paying service instead of paying...

What is the difference between a cash advance and a loan?

An advance charges all interest on the full amount up front, while a loan charges interest on a smaller amount each month ...

How to get a mortgage when you're self-employed?

Yes, you can get a mortgage if you are self-employed. In general, you'll need to prove two years of income history from...

Are merchant cash advances legal?

Because Merchant Cash advances aren't considered loans, there's really no regulation attached to them. Merchant cash...

Self-employed mortgage qualifications?

Most mortgage lenders require at least two years of stable self-employment before they can qualify for a home loan....

Does taking a cash advance hurt your credit?

How a cash advance affects your credit rating. A cash advance does not directly affect your credit rating and your credit ...

What is one drawback of a cash advance or payday loan?

But be careful with this, you can get the cash quickly, but it comes with a high interest rate and big penalties if you...