Thursday, November 22, 2007

Advance Cash Company Scams












Once your loan application is approved, your payday loan on line will be instantly deposited into your bank account via an electronic transfer.Also, other very important things are to have a consecutive job, opened checking account and monthly income over one thousand dollars.Each Check Cash Advance company varies, thus the loan minimums and maximums will also vary.You may be required to pay a one-time transaction fee (sometimes as much as 5% of the advance) in addition to finance charges that start to accrue immediately.The applicant must be employed with at least a minimum monthly income, which often varies with individual lenders, but sometimes it is set at around $1,000 monthly.