If you have been looking at the websites of BBB accredited lending companies, such as those same day cash loan companies or direct lenders, you’ll no doubt have come across sentences like “800 dollar instant decision loans with easy approval”. For the uninitiated, an emergency cash loan is exactly what it sounds like according to the cash lending companies that offer them: a short duration loan which you can gain access to immediately. To see the latest loan offers, contact our lenders here.
However, if you are thinking a guaranteed legitimate $800 dollar cash advance online equates to getting cash instantly to your bank account, it should be pointed out that there is a distinction between getting approved, and actually using the 800 dollars from your bank account.
A legitimate loan simply suggest that the time taken to approve your request can be made on the spot, giving you the outcome of your cash advance application instantly. How fast you can get the money from lending firms is altogether another matter as it hinges on several factors. As an example, most direct loan lenders will require you to have a valid checking account with direct deposit enabled. Without that, lending companies will not be able to transfer the cash electronically to your account and you may need to arrange alternative ways to receive the money, such as asking them to mail you a check or you have to visit them personally to collect the cash. There is also the turnaround time taken by the banks to transfer the funds. If you apply for a loan on a non-business day, inevitably there will be delays.
With the advent of the Internet, you can apply for a legitimate short duration loan online instead of going it the traditional way of walking into a finance company or banks to apply for one.
The easy manner in which a borrower can request for a 800 dollars loan with immediate approval directly from the websites of BBB licensed lenders is not lost on consumers. We are seeing an increasing number of financial institutions and even high street banks revising their lending policy to offer these 99.9% approved temporary loans.
By making it easy for consumers to take out a 2 months short term cash advance online, it follows that consumer debt will also rise due to the demand. If you need $800 today, and plan to borrow by applying for unsecured loans with 60 days repayments terms, we advise you to do some due diligence first before rushing into it. Many people end up worse financially because it is so easy to apply and they fail to take into account their ability to pay back.
The next time you see a website which offers 60 days signature loans with instant decision, remember that even reputable state approved lenders do not hand out free money and do avoid the temptation to borrow fast cash unless its a real emergency. Contact our legitimate lenders for a free quote today.