Short-Term Loan Information. What is a Cash Advance. Cash advances, also referred to as payday loans or personal loans, are intended to cover financial emergencies until your next payday or sooner.
It is very important to know what to expect when seeking any loan product. Here are some things to keep in mind: When you need a small amount of cash, a cash advance loan is a practical option.
It is intended to be temporary financial help until your next paycheck, benefits check, or retirement check. If approved, your cash is available within one to two business days. 1,2 It is a "short-term" loan because the balance is due the following payday. "Long-term" loans, typically provided by a banking institution, are a better choice when you need a larger amount of is guarantor required for sbi personal loan, and you know you cannot pay it back for a while.
Be aware, however, that most long-term loans will require that you undergo a rigorous application process, and it may take several days to weeks to obtain your cash.
Regardless, WhiteRockLoans. coms service is always free to you. By submitting your information via this website, you are authorizing WhiteRockLoans. com and its partners to do a credit check, which may include verifying your social security number, driver license number or other identification, and a review of your creditworthiness. Credit checks are usually performed by one of the major credit bureaus such as Experian, Equifax and TransUnion, but also may include alternative credit bureaus such as Teletrack, DP Bureau or others.
You also authorize WhiteRockLoans. com to share your information and credit history with a network of approved lenders and lending partners.
Thus, we work with lenders familiar with your situation and are ready to help. Important Disclosures. Please Read Carefully. This service is not available in all states. If you request a loan in a particular state where such loans are prohibited, or in a location where WhiteRockLoans. com does not have an available lender, you will not be connected to a lender.