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Comments Off on Things to know about first cash advance!

Things to know about first cash advance!

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First cash advance is a type of payday loan which connects customers to potential lenders to avail them a loan at times of their needs. It’s one of the shortest possible ways for a payday loan. Nowadays, people often face situations when they have to think about loans and financial services. At times, these financial services provides a magnificent service to overcome situations like those. We shall have a quick look at First cash advance in this article.

What is First cash advance?

First cash advance is a typical online payday loan service which avails customers for consideration of potential lenders to get a loan. It is just a connecting service between the borrower and lender. It collects online application from borrowers and then forwards these applications to lenders for consideration. This service provides a certain amount of money to the lendersfirst cash advance first cash advance Things to know about first cash advance! first cash advance

How first cash advance works

The process of first cash advance is quite easy and it takes only a few minutes to apply for a first cash advance. The application procedure requires some personal information and some answers about the amount of money to be borrowed, income and social security number etc. According to some of these connecting companies, the information is secure as they are encrypted with SSL. This information is then transferred to lenders through a secure medium.

According to some first cash advance service providers, the process is quite fast as after getting the information the lenders take a few minutes to consider customers for a loan. They check some things like identity, credit check etc and then make the decision to give somebody a loan. Then, fast cash advance loans are transferred to the customer’s account within a few hours or a working day.

Requirements to get first cash advance

The requirement list for first cash advance is also simple. First of all, it needs the basic things like to be a citizen of the state from where you are gonna apply, a valid ID, must be 18 years of age. There should be a source of stable income and shouldn’t be a bankrupt or something like that. There should be an account and should have a minimum amount of income. These are the basic requirements to get a first cash advance.

The amount of money to be lent varies from state to state and is based on some criteria fixed by third parties. The important thing is that your credit rating is not going to affect the amount of money to be borrowed.

Many names of first cash advance

The first cash advance is often named differently by different companies providing the service. It may called as first cash pawn, first time loan, first American cash advance, first cash advance houston, direct payday loans, fast cash advances, payday advances etc. Whatever the name is, they all provide the same service of providing first cash financial services.


Always think before taking a loan from an online loan company, as there are claims about those companies. To be sure whether to take a loan from a company just check the reviews about it on the internet. The better business bureau is one of the best places to find reviews about businesses. Just go to their website and you will get your result quite easily. Let us see what the BBB says about first cash advance.

First of all, the business does not have BBB accreditation. Then, the business has got an F grade within a range of A+ to F grade. The company has total 5 complaints against it as mentioned in BBB. The business failed to respond to 3 complaints filed against it.

Making the decision

People take loans in a situation when they are in an odd situation of extra bills and charges to be paid or to get rid of paydays. But what will be the situation if they have to pay more money. The situation will obviously get worse. There are a lot of companies out there which will make your condition worse rather than helping you to get rid of your bills. Some of these first cash advance companies will take three or even four times even more money from you. They charge a huge rate of interest compared to other loans.

Nowadays, most of the companies do not lend money. Rather, they will take your information and then will somewhat sell if hundreds of people. They will then start contacting you even if you do not want to take a loan. This is somewhat annoying to people. Besides, this information can go to wrong hands and you may fall under attack harassment and bullying. These types of people have now become desperate to abuse personal information for their own benefit. So, check everything about the company before making a decision and then step forward.

To know more about first cash advance and other loans, please visit spot loan reviews.

Comments Off on Thinking the second time about second chance loans!

Thinking the second time about second chance loans!

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Second chance loans, a word, which may come to our mind at times of our needs. In our life, there are times when we have lost our shelter or lost our cash. There may be situations as if we are shattered by some bills and cannot find a way to rebuild our credit history. Besides, there may be times when we are need of a car, but has a poor credit history to manage a loan. At those situations, we may think that if there were a second chance, it would have saved us from that situation!

In fact, there prevail institutions with second chances, providing second chance loans to people like those. These institutions give people the opportunity to regain a good credit history and then manage the lenders who are giving borrowers a second chance. In times of need, these second chance loans are the things that we may rely on to see a better tomorrow! We will have a close look at different facets of second chance loans throughout this article.second chance loans second chance loans Thinking the second time about second chance loans! second chance loans

Defining second chance loans

People may wonder what second chance loans truly mean. Actually, it is a kind of loan where borrowers are offered a second choice of getting loans instead of having a poor credit history. This may be termed as ‘sub-prime loan’. The aim is to help the borrowers to restore their credit history to refinance to bigger loan conditions. Normally, there is a bigger rate of interest in second chance finance compared other loans of this type.

Typology of second chance loans

The kinds of second chance loans may vary according to different situations. In terms of security, second chance loans are of two types, namely secured and unsecured second chance loans.

A secured second chance loan is normally against something, which may be a bank account or some type of property i.e. house, car etc. These things are used as guarantee in second chance loans. If a borrower fails to repay the amount within the committed time that is usually 60 days, then the lending authority statesthe property as their possession. The positive thing of a secured second chance loan is that the rate of interest is lower.

On the other hand, an unsecured loan does not require a guarantee or collateral. Rather, it is based on the credit history of an individual. The chance of getting loan increases with the increment of positivity of your credit score. However, the problem of this type is a higher rate of interest compared to other types of loans

Based on issues or problems to be solved, second chance loans may vary in types. The types of second chance loans in the focus are namely second chance personal loans, second chance auto loans, second chance car financing, second chance home loans etc.


What second chance loans actually do and how they benefit people

Second chance loans give people the opportunity to fight back bad credit history and gain a stable economic condition or to occupy something they are badly in need. What the lenders do with second chance loans is seeing how a borrower dealt with his/her small payments like the utility bills and house rent and other rents. They also check if the borrowers have tried to recover their bad credit through savings or other types of procedures. They actually explore small things those do not appear on an individual’s credit report. By this way, they try to find the trustworthiness of a borrower. Then, they will give you a loan, which is in fact the first step of getting a loan with better conditions and obviously a higher amount in the future. A question may have arisen in your mind already that how can a loan become the step of getting better opportunities in the future. Well, it is quite simple, as your timely payments on the loan will contribute to a better credit score. In addition, this is done by reporting your history of payments to credit agencies, which in terms will surely increase your credit ratings. Of course, you know what a better credit score can do!

Another important thing is that these lending institutions take a high risk by serving low-income people. They serve those people, many of whom do not fill the minimal demands of the other financial institutions to get a loan. You will be glad to hear that though some of the institutions’ lending range is between $2000 and $20000, but often it is lowered as minimum as $500. They not only provides loans, but also provides technical assistance so that borrowers understand the terms and make all things right to overcome their bad credit history. In addition, obviously they have lower interest rates than those of payday loans!

Reviews about second chance loans

Though the business do not have BBB (Better Business Bureau) accreditation, but overall the reviews are fascinating about second chance loans for different issues. BBB has not rated the business yet. The most important thing is that BBB does not have a customer complaint against it! The reviews at DCU tell a good story about second chance loans.

To know more about second chance loans and other issues, please visit our spot loan reviews.

Comments Off on All about National cash advance!

All about National cash advance!

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National cash advance, a company with yet another form of payday loan. Suppose, you are in an emergency that you have a payday within a few days and of course, you do not have enough money to pay. What are you going to do at that moment? There are many ways; you can solve this issue. Among those, the worst possible alternative is a payday loan. In addition, for sure, there are many forms of these payday loans. Companies like national cash advance use their own versions of payday loans. Let us have a quick look at this spot loan company.

National cash advance

National cash advance is a typical payday loan company offering a form of payday advances or loans to people with issues regarding bank penalties, insufficient fund, paydays and similar. It claims itself as subsidized by a company or group named ‘Grupo Elektra’, a banking service provider in Latin America. Its website also tells them to be a founding member of an association named as ‘Community Financial Services Association.national cash advance national cash advance All about National cash advance! national cash advance

National cash advance offers a variety of financial services including payday loan. However, it has some differences with other lending companies of its kind. For example, you have to go to a National cash advance centre to get a loan, as it is not like a direct lender online. Besides, it does not offer installment loans like payday installment loans, long term installment loans, quick installment loans, loans with convenient installment, bad credit loans retail installment etc. Rather, it provides its customers an appointment date to repay the total loan with interest and fees.

The lending process of national cash advance

According to the company, the process of lending only needs two days consisting a day of applying and getting the loan and another day for repaying! At day one, all you have to do is to go to national cash advance centre in your locality with documents, including an ID, some kind of proof of income and obviously a bank statement. What is next? Well just fill up an application form, sign some agreement forms and a personal check against the loan amount along with the fees. The next step is to fix an appointment date for your return and repayment of the loan. Now, you are ready to get the loan on the spot! The remaining day in the process is evidently the day you return to repay your loan with interest and reclaim the personal check. Therefore, you are done!

Reviews about National cash Advance

The above description is what national cash advance tells about itself. Hence, there are other parties out there to judge something. We should look at those reviews to get a clear view of something. Let us see what customers and other rating agencies tell about it.


BBB stands for better business bureau, which is located in Florida. It has been serving people with their business decision for over 100 years. The main task of it is to set standards to identify business with ethical behavior. There are almost 400,000 businesses with BBB accreditation. Besides, there are almost 4 million reviews of different businesses to help people find the trustworthy business. It also sets standards for advertisers and different charities and evaluate their performances and ethics upon those standards.

BBB grades a business relying on seven factors, namely complaints against the business taken by BBB, the pattern of business, the length of business, business background information, dishonoring commitments to BBB, issues regarding licensing and government action and finally issues regarding advertising.

National cash advance scored a ‘D+’ on the scale of ‘A+’ to ‘F’. This reveals the low trustworthiness of the business as BBB further explains the reason behind the low score of the business. Among those reasons, the first thing is the complaints against it. There are specifically eight of them and two of them are serious complaints. Besides, BBB does not know the type, size of the business and the business does not have a BBB accreditation. The most surprising matter is that BBB requested for background information to this company. However, they did not respond and/or BBB were unable to verify information provided by them! Another surprising thing is that while resolving the complaints against national cash advance, BBB could not locate the business! So, how can you trust something that you cannot locate during a time of emergency? In addition, obviously, how can even think of taking a loan from a company that cannot be located? It should be a matter of great concern!


The consumer complaints against national cash advance are more serious at ‘‘scambook’ ’ website. There are seventeen of them and ten of them are considered as authentic by the ‘scambook’. The average cash damage of the seventeen complaints is $365.08 calculated by ‘scambook’! The total amount of cash damages according to those complaints is $6,206.28 according to ‘scambook’! So, think before you act!

To learn more about companies like national cash advance visit our spot loan reviews.