In this day and age, many of us live paycheck to paycheck and have little to nothing saved. In this case, your car is your livelihood, especially if there is no reliable public transportation between your home and job or if you have a long commute. Many cash advance loans won’t work for you because you will be subject to extreme interest rates, and when all you have is your paycheck and nothing extra, this is not acceptable. Cheap cash advance loans can save you when your car falls into disrepair, giving you the peace of mind that you need to continue your perfect attendance at work and making the whole ordeal less stressful.
Is This a Last Resort?
Cheap cash advance loans do not have to be a last resort. Yes, you have to pay it back within a couple of weeks, but that’s the point. It’s a means to get some of your pay ahead of time and that’s exactly what it will do for you. When your car breaks, you have a couple of options, but they may not be as good as the one in front of you.
- If you have been in an accident and have full collision insurance, you can pay the deductible and have them cover the rest of the repair for you, but what if you can’t cover the cost of the deductible? A cheap cash advance loan will fix that problem for you.
- A friend who is a mechanic can help you fix your car for less than a dealer or going to an auto repair shop, but you still have to pay them something. A cash advance can give you just enough to be square with your friend.
- If you can’t fix the car, the other alternative is to let it go until you get paid, and that could end up costing you more money than any option. You may not be able to get to work, and that will cause you to lose income as well as what it will cost to fix the car.
Fast Approval and Cost-Competitive
When you get a cheap cash advance loan, you can avoid using credit cards with high interest rates or falling short at the bank to be hit with penalties for insufficient funds. A loan doesn’t mean that you have extra money. It’s a short term fix that gives you money that you’ll have in a paycheck a couple of weeks later. HPD Loans can walk you through all of the necessary steps, tell you about their industry best practices, and give you excellent customer service. This isn’t the same as talking to a bank or regular loan office. You’ll get fast approval for what you need.
