Cash Advance Loan - Online Cash Advance

Can you get a cash advance online?

For most people, a cash advance (also known as a payday advance) is something associated with a credit card or other line of credit. Many credit card companies make it easy for customers to receive cash advances nearby by using their credit card at a local ATM.

The problem with such tactics is that the costs of the advance can add up quickly and you might not even realize what all those costs are. You'll likely pay an ATM fee charged by the bank that runs the machine, and you might also pay a fee to the credit card company for taking the advance, along with finance charges and interest if you don't pay the money back before your next billing cycle.

Some credit card companies charge interest on cash advances that is higher than the interest charged on regular balances, which can make for surprising increases in your total balance.

If you want to experience the benefits of a cash advance without the necessity to ferret out hidden expenses, you might want to consider seeking a cash advance loan online.

How can an online leder provide a cash advance?

You might wonder how an online company such as LendUp can provide access to a cash advance. Unfortunately, we can't spit cash through the computer or overnight you bills. In fact, a "cash advance" you receive online doesn't have to involve actual cash at all.

In terms of online lending, a cash advance usually refers to a short-term loan that is quickly funded to your bank account after approval. Typically, the amount you borrow for a cash advance loan is relatively small, which often means you can pay it back in only one or two payments. These short-term loans are very similar to what many people call payday loans, but cash advance loans don't always require a single repayment on payday.

When you deal with an online cash advance provider, the entire process is handled via the internet. That means you don't have to go into a physical location or fill out lengthy paper forms. Instead, you complete the application online, are informed of your approval status online or via email and receive your funds via an electronic transfer to your bank account.

Applying for a cash advance through LendUp

Cash advances with LendUp are possible for any qualifying person who is 18 years old or older, meets certain employment or income requirements, and can provide the information required in our five-minute online application process.

Specifically, the application asks for:

  • A phone number
  • A valid email address
  • Current contact information, including an address
  • A checking account that allows electronic transfers

We'll also ask for your employment details or the source of any recurring income. Once you complete an application with LendUp for a short-term loan, we will send the data to our network of lenders and will get back to with approval decision instantly.

You won't have to fax any documents or wait days for an answer. LendUp's short-term loan options usually offer approved first-time borrowers up to $1000

LendUp lets you choose how you want to receive your money, and our lenders may be able to transfer your loan funds within 15 minutes (where available; an additional fee may apply). However, your bank determines when those funds are available to you.

Getting a cash advance with us

LendUp's lenders do not limit how your cash advance is used. Once you are approved for a cash advance loan amount and you receive those funds, the money is yours. LendUp does encourage responsible use of financial resources, which is why we offer free financial education. We want you to succeed financially, so our goal is to help eligible individuals build credit over time. Because of that commitment, we hope that individuals who take cash advances through LendUp use them responsibly.

Some reasons you might take a cash advance loan include the need to make emergency repairs to a car or home, cover unplanned medical expenses or pay for assistance with short-term needs that can't wait. Parents might seek cash advances to help cover back-to-school expenses when paychecks don't quite meet needs. Ultimately, though, once a cash advance is funded, the cash is yours to spend or save as you please. LendUp works to provide cash advance loan services that are simple to understand.

Frequently Asked Questions

A cash advance loan, also known as a payday loan, is a type of loan that is taken out and paid back within a short period of time (up to 30 days or less). This type of loan is typically used for emergencies or to cover expenses until a borrower’s next payday.

To apply for a cash advance loan, you typically will need to have the following:a source of income, a checking account, social security number, be 18 years of age or older, be a US citizen or legal resident, have a valid home address, phone number and email address.

Potentially yes. While we can’t guarantee you’ll be approved for a loan, the majority of people who get cash advance loans using LendUp loan-matching service have an average Vantage score of just 550. That’s because we look at other factors aside from credit scores to determine loan eligibility, such as your income.

Not always. FICO credit checks are not required by the lender most of the time. The direct online lenders we work with typically utilize soft credit checks through alternative credit bureaus in order to protect clients' FICO credit scores. Is an online cash advance safe?

At, we believe so. We utilize the latest in encryption technology to protect your information online, and offer a secure loan request processing. We have a commitment to keep your information secure. An online cash advance is also safer than a traditional cash advance thanks to the more competitive, affordable repayment terms.

Get Your Loan with LendUp

LendUp is a fintech service that streamlines the process of connecting borrowers with direct lenders. Our automated platform enables you to easily apply for loans up to $5,000 through a simple online form, designed to match you with loan options that meet your specific needs.

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