Financial Cents: Posts About Cash Advance

How Will a Cash Advance Loan Affect Your Credit?

One of the many annoying things about cash advances is that they can't help your score, but they can definitely hurt it.

Posted on: February 20, 2019


Cash Advance Loans: Here’s 4 Things You Should Know

Cash advance loans are supposed to be an easy way to cover emergency expenses, but they could end up trapping you in a long-term cycle of debt.

Posted on: February 19, 2019


What Kind of Cash Advance Are You Looking For?

There are better ways to cover a financial shortfall than by taking a cash advance, but some cash advances are even riskier than that.

Posted on: February 15, 2019


Should You Get a Cash Advance on Your Tax Refund?

Sure, you could get your tax refund money a few weeks early, but even a Refund Anticipation Loan (RAL) with zero interest still usually comes at a cost.

Posted on: February 13, 2019


Who Uses Cash Anymore? Why You Should Avoid Costly Cash Advances

Taking out a cash advance on your credit card or from a local storefront might seem like a good short-term money fix, but the costs are going to add up fast.

Posted on: February 12, 2019


Do Cash Advances Have an Interest-Free Grace Period?

If you pay off your credit card regularly, you can avoid paying any interest on your balances. Unless that is, you take out a credit card cash advance ...

Posted on: January 31, 2019


What’s a Payday Alternative Loan (PAL), and How Can You Get One?

The only downside to Payday Alternative Loans (PALs) is that you have to join a credit union now in order to apply for one when you really need it. 

Posted on: December 13, 2018


Here’s Why Some Cash Advances Are Much Riskier Than Others

The name "cash advance" can be used to describe two very different kinds of financial products, one of which is way more expensive and should totally be avoided.

Posted on: December 07, 2018


With Bad Credit Loans, the Size of Your Payments Is Key

Sure, being able to pay back a loan in only two weeks sounds great. But if the payment for that loan is too big for you to handle, you could enter a dangerous cycle of debt.

Posted on: November 20, 2018


Your Guide to Escaping a Debt Trap

Being deep in debt can feel like you're sinking in quicksand. But hope is not lost! Here are some tips to help you plan your debt trap escape.

Posted on: November 08, 2018