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Overview
This is a short post is about cash advance and hopefully those who reads this post will know more about cash advance.
Cash Advance - What it is?
Cash advance is a type of loan, the amount that can be borrowed can range from $100 to $2,500 and also depends on the company that provides this cash advance service.
Cash Advance - Who needs it?
Anyone who needs some cash quite desperately? It seems easy to get a cash advance and it is not that hard to qualify for a $2,500 loan.
Cash Advance - Where to apply?
The link in the overview section of this post hyper links to the home page of Pacific Advance, a financial portal that caters to ones cash advance loans needs.
Deimos’s Thoughts
Deimos believes that there are a lot of “cash advance” companies in Malaysia as well.
Deimos Asks
Would you get a cash advance?
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Payday Loans (2 comments)
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Using
Said the following:
Payday Loans are great because you don’t need to use your credit cards. And the best is that most place are open longer hours than banks.
danandmarsh (2 comments)
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Said the following:
NO WAY!! I know people that have gotten caught up in that, and thats how they live, through the cash-advance thing! It’s a rob Peter, to pay Paul kinda thing
Vic (50 comments)
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Said the following:
Even the cash advance from trusted company like Citibank, HSBC, etc, I strongly discourage people to take up the offer unless he/she know it is all about.
Many youngsters fall in this and ended up with negative asset. The interest rate is so high that you can hardly justify the ROI. Take it only when you need the money for life saving.
Deimos Tel`Arin (959 comments)
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Said the following:
@danandmarsh:
Wise choice, mate.
@Vic:
Methinks that credit cards can do the same to such youngsters.
I am sort of experiencing that kind of thing at the moment.
BaseGuardian (162 comments)
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Using
Said the following:
@Dananmarsh; who’s Peter? Who’s Paul? hehe, just kidding
and to answer your question Deimos, I don’t think I need it for now
Wan Kong Yew (36 comments)
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Said the following:
The only valid reason for the vast majority of people to get any sort of loan at all are:
1) Car.
2) House.
3) Higher education.
4) Medical expenses.
5) Starting a business (highly risky, make sure you know what you’re doing).
Taking a loan for any other reason is pure stupidity.
Deimos Tel`Arin (959 comments)
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Using
Said the following:
@BaseGuardian:
All the better if you don’t need any “cash advance” loan at all!
@Wan Kong Yew:
Yet, over here, many people still succumb to local “cash advances” eh?
Xavier (1 comments)
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Said the following:
Great Blog!
Xavier Lur, the World’s Youngest Professional Blogger
http://www.KidTechGuru.blogspot.com
elezend (126 comments)
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Said the following:
*Follows the top* Great blog!
Naki seriously does not believe in Cash Loans because we should spend according to the amount we earn instead of wasting it
Nicole Price (113 comments)
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Using
Said the following:
I would not be caught dead doing that. I have known too many people go that route and get shafted. I would not recommend this to my worst enemy.
Del Mar Tips (9 comments)
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Said the following:
I know someone who takes cash advances regularly to feed a gambling habit. Not good…
levian (272 comments)
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Said the following:
loan eh ..
i don’t like the word.
feel like i’m gonna pay for it for the rest of my life.
Payday loan (1 comments)
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Using
Said the following:
The charges on Payday loans are less expensive than bouncing a check or paying late fees. It’s also a great option for someone who doesn’t want to get caught up with credit cards debts. They can also help in a tight situation, its quick, and most places are open longer hours than banks.
Hye Munar (51 comments)
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Using
Said the following:
It is still a loan. I always save money during payday so I won’t need to apply for a loan during emergency.
Blog Tactic (2 comments)
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Using
Said the following:
We can look for our brother AhLong anytime for a quick cash advance…. sure they can tolong