Best Cash advance places?
Question:
I've hard about cashcentral and a few others but I'm not sure which would be a decent place to get a loan from. If anyone knows of any that would be great . thank you.
Answer:
The only cash advance I would recommend is a new type of "payday loan" product offered by many credit unions. You likely would meet the membership requirements of one near you.
Instead of the 390% APR charged by most payday lenders, these loans tend to accrue interest at the rate of 15% APR.
If you get a traditional payday loan, this is one of the fastest ways, short of buying crack, to financial ruin.
Amscot
My advice is don't use these places unless you're quite sure you can pay them back quickly and you won't have to extend the loan. Otherwise the interest will eat you alive.
That said, I've listed links to two of the best in Sources. Good luck!
Here are 2 decent options to choose from:
http://goaddr.com/x93
http://goaddr.com/8r4
None of them are good. You will just get into a downward cycle of borrowing and paying back. Any new money you earn will go straight to them and you will have to borrow again. Try anything rather than trying to live on cash advances. Talk to your other creditors and see if you can get an extension or pay a smaller amount until you catch up. Get a part-time job to help you catch up. Sell some of your belongings. It's in your own best interests to not get caught up in this debt/repay cycle. Good luck.
how much do you need. go for it only if its too urgent coz it has high interest
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