Financial Cents: Posts About Cash Advance

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


What Are the Side Effects of Bad Credit?

A bad credit score can negatively affect your everyday life (and your personal financial outlook) in ways you probably wouldn't expect.

Posted on: October 15, 2018


Is Your Bad Credit Loan Amortized? If It’s Not, Here’s Why It Should Be

If you think all bad credit loans are the same, you are sorely mistaken. Non-amortized loans can easily trap borrowers in a dangerous cycle of debt.

Posted on: October 02, 2018


5 Personal Loans With Easy Approval (And Why That Can Be a Bad Thing)

While there are many great bad credit loans that come with easy approval, there are even more out there that are ... not so great. 

Posted on: September 06, 2018