Can you get a cash advance online?
Whether you're relocating on short notice, need help covering a home repair, or your car has finally given up the ghost—we all end up a little short on cash from time to time.
Even the most bulletproof budget can unravel when faced with unexpected expenses, and it can be tempting to use your credit card to get some quick cash into your checking account.
If that time comes, it's good to know where to get a quick cash advance online.
Online cash advances are quick, convenient, and—when you partner with LendUp—affordable.
In this guide, we'll show you what to expect from a cash advance, and how to make it a part of your emergency expense management plan.
On this page:
- Get a Cash Advance online: How it works
- Step 1. Gather your information.
- Step 2. Complete your online cash advance application
- Step 3. Select your loan amount and payment preferences
- Step 4. Receive immediate decision on approvaln
- Get a Cash Advance online: FAQs
Get a Cash Advance online: How it works
Gone are the days when you would make an appointment, trek down to your nearest cash loan store to fill out an application, and wait for hours—or days—to find out if you'd been approved. The LendUP.com cash advance system has gone digital—and here's how it works:
Step 1. Gather your information
Since most of the information needed for a cash advance online is probably already at your fingertips, you may not even need to complete this step. But, for the sake of convenience, you may want to get your documents lined up:
- Personal ID: proof that you are 18 years old or over
- An active contact phone number
- A residential address
- A valid email address
- A checking account that accepts electronic bank transfers
You will be also asked to confirm your employment status and details. If you can't provide these details, we may need to confirm other sources of recurring income that show you can repay your cash advance. You'll want to have this information on hand when you start your cash advance application.
Quick tip: Don't let past credit struggles stop you from applying for a cash advance online. At LendUP.com you can request a loan even with bad credit, or no credit at all and get an immediate decision on cash advances.
Step 2. Complete your online cash advance request
Now that you've gathered your information, a few quick clicks will take you through to LendUP.com's secure lending request form. Here, you can follow the prompts to enter in your qualifying information.
We know that applying for even a small cash advance can be daunting, so we've made our process it easier. Here's what you'll need to provide:
- Your contact details: address, email, and phone number
- Proof of ID: you'll need to show that you are at least 18 years of age
- Social Security number
- Recent pay stubs, proof of employment, or other proof of consistent income
- Your checking account details
- A device to access our online application portal—like your phone, tablet, or laptop
You'll also need to reside in one of the states where cash advances are legal.
Step 3. Select your loan amount and payment preferences
As part of our commitment to responsible lending, and our desire to support your cash shortfalls and encourage long-term financial success, at LendUP.com you can choose among several manageable loan amounts to request.
Once you've selected your loan amount, you'll also be given the option (if your state supports it) to receive the loan faster. In some cases, the lender may be able to transfer your loan to your account the same day.
*Transfer speeds vary from state to state and depend on different factors. Funds are made available depending upon processing times by your bank, regardless of how fast LendUP.com and the lender process the loan request.
Step 4. Receive immediate decision on approval
With LendUP.com 99% of online cash advance requests are reviewed within minutes—which means ultra-fast approvals and no long, stressful wait times for our clients.
You will get an immediate notification to let you know if your loan request has been approved, and the estimated processing time until you have access to that much needed cash in hand.
Get a Cash Advance online: FAQs
What is a cash advance?
A cash advance—sometimes known as a payday advance or payday loan—is a temporary fix to a short-term cash flow issue. Unlike a payday advance or payday loan, though, cash advances aren't always repaid in full on payday.
Similar to a personal loan, you apply for funding through a lender and—if you're approved—you'll receive the money into your checking account.
Cash advance loans are typically small.
How is a cash advance online different from a cash advance on my credit card?
Using your credit card for a cash advance is risky—and expensive. Credit card providers treat cash advances differently than they do purchases made using that card. For you, that means extra fees and a higher interest rate.
An online cash advance, on the other hand, operates independently of your credit card. Your lender will let you know the fees and interest rates up-front, and they're generally lower than if you hit an ATM with your credit card.
How can a company provide a cash advance online?
LendUP.com has developed a robust system for processing cash advance requests online through our secure site. Once your application is approved by one of the lenders we work with, your checking account gets funded electronically. Easy.
Can I spend my online cash advance on anything I want?
There is no limitations on how you use your cash advance once the lender has approved your loan application. The money is yours. We do encourage responsible borrowing, and would like to support you in building your financial education through our online resources.
What do I need to get a cash advance loan online?
You will need to complete the LendUP.com 5-minute online requesting process, and provide the information we've listed up here. You will also need to live in one of the states cash advances or alternatives are not prohibited.
Can I get a cash advance online loan if I have bad credit?
LendUP.com cannot guarantee lending approval sine we are not a direct lender, but our lenders' qualifying criteria on a cash advance loan are influenced more by a client's income than credit score.
Do online cash advances require a FICO credit check?
Not always. FICO credit checks are not required by the lender most of the time. Direct online lenders we work with typically utilize soft credit checks through alternative credit bureaus in order to protect clients' FICO credit score. Is an online cash advance safe?
At LendUP.com, 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 secured. An online cash advance is also safer than a traditional cash advance, thanks to the more competitive, affordable repayment terms.