Monday Friday 8am 8pm (ET) Saturday 9am 4pm (ET) Sunday Closed. 7755 Montgomery Road Cincinnati, OH 45236. Customer Notice: Payday Loans are typically for two-to four-week terms (up to six months in IL). Some borrowers, however, use Payday Loans for several months, which can be expensive. Payday Loans (also referred to as Payday Advances, Cash Advances, Deferred Deposit TransactionsLoans) and high-interest loans should be used for short-term financial needs only and not as a long-term financial solution.
Customers with credit difficulties should seek credit counseling before entering into any loan transaction. See State Center for specific information and requirements.
They usually include a fee as well, either a flat rate or percentage of the advanced amount. Additionally, if you use an ATM to access the cash, you often are charged a small usage fee. Along with separate interest rates, credit card cash advances taking out a personal loan reddit a separate balance from credit purchases, but the monthly payment can be applied to both balances.
However, if you are only paying the minimum amount due, the card issuer is allowed by federal law to apply it to the balance with the lower interest rate. Since that is invariably the rate for purchases, the cash advance balance can sit and accrue interest at that high rate for months.
In most cases, credit card cash advances do not quality for no- or low-interest rate introductory offers. On the plus side, they are quick and easy to obtain.
Spotloan to the Rescue. Spotloan has been a lifeline to me on numerous occasions, I would highly recommend their service to anyone faced with unexpected expenses. Additionally, all of my dealings with their customer service representatives, both via phone email, have been exceptional. What you should know about. Spotloan is a better way to borrow extra cash. Its not a payday loan.