What is a Paycheck Advance?
A paycheck advance is a type of loan that a borrower typically pays off upon receiving his or her next paycheck. In essence, because no collateral is required, the borrower receives this type of loan against his or her next paycheck. The qualifications for a paycheck advance are typically less strict than those for a traditional loan, and upon qualifying a borrower may be able to get the money in his or her account within a day or even less. A paycheck advance is typically a good solution for a borrower who has a steady job but is faced with an expense or purchase that can't wait until his or her next paycheck.
Helpful Links
You can find out more about paycheck advances by clicking on any of the links we have include below, or by visiting our loan information center.
Paycheck Advance FAQ
How long does this take?
What if I'm in the military?
How does direct deposit work?
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