Consumer Guide

The payday advance is a convenient and practical short-term credit option. In this section you can learn how payday advances work, what you should know before applying for one, and how to determine if a payday advance is the best option for you.

By using payday advances responsibly, consumers can effectively deal with unexpected financial emergencies. It provides a sensible alternative to costly bounced check and overdraft protection fees, late bill payment penalties and other less desirable short-term credit options. With a payday advance, you can bridge a cash crunch between paydays, without incurring revolving debt or drawn-out payments.

Although the payday advance is a convenient and less costly credit option, you should evaluate the costs and benefits of all your short-term credit alternatives before applying for a payday advance to determine if you have less expensive options available to you.