Payday Check Advance - How to Locate a Legitimate Online Payday Cash Advance Lender

A payday check advance has grown in popularity for the millions of Americans who have limited credit and are in need of an instant loan. It is important that consumers know how to locate a legitimate online payday cash advance lender as there are some lenders out there who try to take advantage of desperate consumers and charge above market interest rates. If you are currently experiencing short term cash flow problems and are in need of a payday check advance then hopefully this article will steer you in the right direction in finding a legitimate online payday cash advance lender.

Most payday check advance lenders will require the following:

• You must be employed or receive regular income from a program like welfare or social security • If employed, you must make at least $800 per month • You must be 18 years old as well as a citizen of the United States • You must have an active savings or checking account that allows for direct deposit

If you need an instant loan to solve short term cash flow problems then knowing how to locate a legitimate online payday cash advance lender is a crucial factor in getting the best rate as there are many payday lenders who will try to take advantage of desperate consumers. I strongly encourage consumers to not go directly to an online payday cash advance lender but rather go to a website who is affiliated with several online payday cash advance lenders. These multiple lender sites do not handle the payday check advance themselves but rather they make the payday lenders compete over your business which has proven to guarantee the lowest possible rate for the consumer. They are usually free to use and only require you to fill out one online application.

Now that you know how to locate a legitimate online payday cash advance lender through a multiple lender site then it is important to evaluate whether or not you should even get a payday check advance. A simple rule of thumb is to determine whether or not your fees on unpaid debt will be higher than the accrued interest on your payday check advance. Credit card fees, late car payment fees, late rent/mortgage fees, bounced checks, and other bills carry late fines anywhere from $30 -$60. These fees add up very quickly and it is often a financially wise decision to get a payday check advance as opposed to incurring all of these fees.

To locate a legitimate online payday cash advance lender I suggest that you use the multiple lender site that I have listed below. They don't charge an application fee like some other websites and have provided me the most competitive rate several times when I needed a payday check advance. Once you have filled out the application a lender that provided the best rate will contact you to discuss terms. Once terms have been agreed upon by both parties, your instant loan will be deposited directly into your checking/savings account within 24 hours in most cases.

For a payday cash advance loan lender that has consistantly provided competitive rates check out this link:

Legitimate Cash Advance Lenders