Cash advance loans are short term-high interest loans that give you access to cash quickly. This is a service that does not come cheap and should be reserved for true emergencies when other options are unavailable. Family emergencies, unanticipated car maintenance, overdrafts, and utility reconnection are a few of the very important cash needs some people have experienced.

Cash advance loans can be applied for online or secured at cash advance services such as 'payday loan' companies. There are restrictions on cash advance loans in several states which makes online application more convenient for some individuals. The large number of online companies that offer cash advance loans makes for fierce competition. This offers an advantage to customers who shop around for the most favorable interest rates.The application for an online cash advance loan generally requires faxed copies of your driver�s license, bank account details and a recent pay stub. Once receive loan approval the money will be directly deposited into your account.

Cash advance loans from fast cash sites have basically the same requirements as their online counterparts. Cash advance loans generally provide small amounts of cash, $500 or less, for short amounts of time. The money plus interest is usually expected to be repaid in two weeks or less.