i need a cash advance cause im moving in this house and they need the deposit as soon as possible. i was wondering how much they would give me. when do you have to pay it back. also how much do they charge. thanks for all your help.
How Much Can I Get From Cash Advance?
3 Responses to “How Much Can I Get From Cash Advance?”
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The amount that you can borrow is based upon your income. The place I work we base it upon you net income aor what you bring home on a weekly basis. You should make in one week the amount of the loan plus the interest, 15%. So if you borrow $100 you pay back $115.However, other payday lenders have different criteria. Please be very cautious with payday loans, many of my customers get caught in a vicious cycle becasue they end up borrowing way to much. Please use it only as a one time thing and think about what you finances will be after you pay the loan back. It may be better to borrow for free from a Family member.
The time window in which to pay your loan back also varies. As a general rule it is 2 weeks or until your next pay day.
I would defently advise against getting an advance from a business that offers them, they charge about $25 for each $100 borrowed every 2 weeks. You could get up to $1000 i belive.
I would also advise against cash advances. They are not a good idea. I think you can get up to $1000 but they will base your particlar limit on how much you make.