There are a lot of reasons that you might need a same day cash advance, but the most important element is that it comes to you fast. This need for speed is going to cause a lot of frustration when you realize that almost every lender is going to get you money the next business day! Is there anything that you can do to help make sure that you get your advance the same day? Of course there is, and in this post I hope to help you do just that.
Before we go further we should clear up why most lenders won’t get you cash until the next day. The entire process of getting a cash advance isn’t going to take more than an hour, but the hang up comes at your bank. A lender is going to approve your application in about an hour and transfer the funds to your bank. Your bank then has to approve and post the funds to your account to make them available to you. This is very similar to depositing checks at the ATM where everything has to be verified before you can spend it.
So what can you do? You have a couple of options. The most simple is to go to a local lender instead of doing it online. There you will be cut a check in about an hour, and you can then take that check to your bank and have it cashed. Don’t cash it at the loan office or they’ll charge you a hefty fee to do so, your bank will probably cash it for free. If you need the funds to be in your bank account, simply deposit the cash, there will not be any holds on that.
Another choice is to apply for a loan very early in the morning on a business day. If you can be one of the first customers that the lender has and they send your money to your bank fairly early, there’s a good shot that it will be posted to your account by the time the bank closes.
If you aren’t able to do either of these, you’ll simply have to wait until the next business day to get your money. Applying on the weekends makes this even worse and you shouldn’t expect the money until Tuesday.
Same day cash advances certainly do exist, but are hard to get online. Use the tips above to make sure that you’re able to the money you need, when you need it!
