The last thing anyone wants to do is ask for help. Although the fact of the matter is: No matter how well we plan, there can always be unexpected events that unfold, forcing us to need a lump sum of cash all at once. It's safe to say most people live paycheck to paycheck, carefully budgeting and allotting money for the basic necessities. So when a medical emergency, a car breakdown or a utility shut-off notice pops up, you may need a quick payday advance to help you get by until the next paycheck. Some people are hesitant and ask themselves, "Am I a pay day advance kind of person?" We are all payday advance kind of people if circumstances warrant it.

There are many reasons people are seeking pay day advances. First of all, payday advances are extremely quick, so when you need the cash… you've got it! Banks can take days or even weeks to him and haw over your banking, credit history and work situation. With a pay day advance, there is no credit check. You can apply on the phone, in person or online and the process takes roughly 20 minutes. The payday advance people trust that you will be good for the money if you have a job (or are receiving benefits) that deposit right into your bank account. Even if you won’t have the full amount on your next payday, you’ll have the option of deferring the remaining balance of the loan until future paychecks – just like a credit card. Your pay day advance will appear in your bank account within 24 hours. You may have heard about high interest rates, but if you are able to make a payment within fourteen days of borrowing, you’ll pay zero interest! Obviously you will need to pay the lender something for helping you out, but payday advances are a reasonable way to obtain the money you need when you need.

A payday advance is an unsecured loan -- meaning that you needn’t be a homeowner to be approved. If you are a homeowner, you won’t have to worry about losing your assets if you can’t pay off your loan right away. Your eligibility for a payday advance is based upon your employment or benefit status, income and bank account. For instance, you will need to have a job where you are paid by direct deposit into your account. You will need a cheque book and cheque-guarantee card. You will also need to be at least 18 years old.