GET CASH
Loans
Payday loans
installment loans
personal loans
title loans
Services
check cashing
alternative banking
tax services
Money transfers
additional Services
Cash Academy
Blogs
Cash academy blog
loans 101
personal finance
taxes 101
career and business
get involved
Featured Articles
what is a tax refund advance?
what is a payday loan
what is an installment loan?
what is a personal loan?
what is a title loan
the beginner's guide to filing taxes
locations
Online + Stores
utah
Nevada
Virginia
Colorado
Online
Alabama
Alaska
California
Idaho
Kansas
Missouri
Ohio
Texas
Wisconsin
Wyoming
All Locations
Why check city?
About
about check city
Contact Us
reviews
careers
Members
Refer a Friend
Members faq
small business resources
Community
community outreach
Check City scholarship
Warm Hearts Coat Drive
Shade Tree fundraiser
Login
Apply now
Get cash
Loans
Payday loans
installment loans
personal loans
title loans
Services
check cashing
alternative banking
tax services
Money Transfers
additional services
Cash Academy
Blogs
cash academy blog
loans 101
personal finance
taxes 101
career and business
get involved
Featured Articles
what is a payday loan?
What is an installment loan?
What is a personal loan?
what is a title loan
the beginner's guide to filing taxes
what is a tax refund advance?
Locations
All Locations
Online + Stores
Utah
Nevada
Virginia
Colorado
Online
Alabama
Alaska
California
Idaho
Kansas
Missouri
Ohio
Texas
Wisconsin
Wyoming
why check city?
About
About Check City
Contact Us
Reviews
careers
Members
Refer a Friend
members faq
small business resources
Community
Community Outreach
Check City Scholarship
Warm Hearts coat Drive
Shade Tree Fundraiser
Apply now
Login

What is a Cash Advance?

What is a cash advance and how do they work? Get a cash advance online today at Check City.

A cash advance is a type of small loan designed to help borrowers get the cash they need as quickly and easily as possible.  

In finance, getting an advance on something is usually a way to get something sooner than you normally would. A cash advance loan helps customers get cash from their paycheck sooner rather than later so they can have the finances they need today. 

Cash Advance Definition

There are many kinds of loans. Cash advances are another way of referring to payday loans. Instead of waiting for a paycheck or a payment to come through, a cash advance helps you get those funds sooner.

How Does a Cash Advance Work?

Since cash advances are small, short-term loans, they are much easier and quicker to take out than larger loans with longer repayment plans.  

Getting a cash advance is simple and easy to do. The person taking out the cash advance gives a post-dated check to the cash advance lender in the amount they would like to borrow. On their next payday, the borrower pays off the loan amount and the lender’s fee. 

Types of Cash Advances 

There are a few different types of cash advance options that borrowers who need money can use.

Payday Cash Advance 

One type of cash advance is a payday loan. These are small, short-term loans that are borrowed only for the time until a borrower's next payday. This is where the term “payday loan” comes in.  

These types of loans are designed to get a person to their next payday and they are paid off with their next paycheck. They often have loan amounts that are only a few hundred dollars and loan terms that last only a matter of weeks.  You can go to a store location or get a payday loan online.

Cash Advance on Income Tax Refund 

Another useful cash advance option that some lenders provide is a tax refund advance.  

Taxpayers don't generally receive their tax refund until after their taxes are filed and after the IRS is finished processing those filed taxes. 

Instead of waiting all that time for your tax refund money, take out a tax refund advance and enjoy those funds sooner.  

Credit Card Cash Advance 

The third type of cash advance is an advance on your credit card. If your credit card provider allows credit card cash advances, then you can take out cash at a bank or ATM with your credit card.  

Fees and restrictions may apply for each cash advance transaction taken out using a credit card.  

Reasons to Get a Cash Advance 

There are many reasons to get a cash advance. The primary reason is to get your money sooner rather than later. 

Many borrowers take out cash advances because they need those funds sooner rather than later in order to pay bills or make time-sensitive purchases.  

At Check City, you can take out a cash advance to get your paycheck or tax refund sooner. 

Here are a few specific examples of when someone might want to take out a cash advance.  

  • So they aren't late paying rent 
  • So they aren't late paying utility bills 
  • So they aren't late paying the phone bill 
  • To take advantage of time-sensitive sales 
  • To avoid needing to take money out of a savings account or emergency fund 
  • To get funds into your hands sooner for everyday expenses like groceries 
  • To avoid high overdraft fees  

Cash advances are an important and useful tool to help control your own finances. They help you finance on your own schedule and get your funds in time to stick to your financial plans.  

How to Get a Cash Advance at Check City

There are two ways to get a cash advance at Check City—online or at a Check City location. 

How to Get a Cash Advance Online 

  1. Fill out a cash advance application.   
  2. Check City will review the application. 
  3. If approved, you'll set up direct deposit to receive your funds and pay off the loan amount on the due date.

Your cash advance funds will then be directly deposited into your account or given in cash within 24 hours.

How to Get a Cash Advance Near You  

  1. Walk into any Check City Location and fill out an application. 
  2. If approved, write a personal check† for the loan amount you need (plus our standard fee). Check City will hold the check until your next payday (or another date you specify) and then cash the check to repay the loan. 
  3. Walk away with your cash loan upon approval.

Cash Advance Requirements 

Cash advance loans should be used for short-term financial needs only, not as a long-term financial solution. If you are experiencing credit difficulties, we encourage you to seek credit counseling. Although we strive to assist every applicant, not all loan applications will be approved. 

  • Basic Contact Information 
  • Government ID  
  • Social Security Number  
  • Check or Bank Statement 
  • Proof of Income

Cash Advance Alternatives 

If you are looking for an alternative to cash advances, you could try taking out a personal loan. Personal loans are another great option when you are tight on finances and need some help.  

Personal Loans 

Personal loans are a flexible loan type that can be taken out for any personal reason. For example, unlike a business loan, personal loans don't have to be used for a set, official purpose.  

This makes personal loans a great additional option for borrowers who need quick personal funds.  

Peer to Peer Borrowing  

You could also borrow money from a friend or family member. This is an especially helpful option when you only need to borrow a little and have someone in your life that you trust as a lender.  

But borrowing money from people we know can also get complicated, which is why options like personal loans and cash advances might still be your best option.  

In Conclusion, 

Cash advances are an important small loan solution that many people need and use. When used responsibly, a cash advance can be the perfect, short-term solution for a short-term financial problem.

Start your Application
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Customer Service:
(800) 404-0254
Quick Links
Online Payday Loans
Personal Loans
Title Loans
Cash Advances
Additional Services
Installment Loans
Rates & Fees
Sitemap
Blog
Company
Why Check City?
Responsible Lending Statement
State Licensed Lender
Terms of Use
Wireless Policy
Privacy Policy
Privacy Notice
Careers
Contact Us
Store Locations
Colorado
Nevada
Utah
Virginia
Online Locations
Alabama
Alaska
California
Colorado
Idaho
Kansas
Missouri
Nevada
Ohio
Texas
Utah
Wisconsin
Wyoming

Payday Loans are also commonly referred to as Cash Advances, Payday Advances, Payday Advance Loans, and Fast Cash Loans. Check City may, at its discretion, verify application information by using national consumer loan underwriting databases that may include information relating to previous cash advance transactions that Check City may take into consideration in the approval process. Approval, products, and loan terms may vary based on applicant qualifications and applicable state or federal law. See Rates and Fees for specific information and requirements. Some customers applying for payday loans or installment loans may be required to submit additional documentation due to state law and qualification criteria. CheckCity.com provides loan services in: Alabama, Alaska, California, Colorado, Idaho, Kansas, Missouri, Nevada, Ohio, Utah, Wisconsin, and Wyoming. In Texas, CheckCity.com acts as a credit services organization/credit access business (CSO/CAB) and will not be the lender for loans obtained through this site; CheckCity.com will instead attempt to arrange a loan between you and an unaffiliated third-party lender.

Customer Notice: A single payday advance is typically for two to four weeks. However, borrowers often use these loans over a period of months, which can be expensive. Payday advances are not recommended as long-term financial solutions. Loan proceeds issued through our website are generally deposited via ACH for next business day delivery if approved by 8pm CT Mon. – Fri.

This is an invitation to send a loan application, not an offer to make a short-term loan. This service does not constitute an offer or solicitation for payday loans in Arizona, Arkansas, Colorado, Georgia, Maryland, Massachusetts, New York, Pennsylvania, or West Virginia. Tosh of Utah, Inc. dba Check City Check Cashing, a payday lender, is licensed by the Virginia State Corporation Commission (License #PL-57). Anykind Check Cashing, LC. dba Check City, a payday lender, is licensed by the Virginia State Corporation Commission (License #PL-21).  The maximum funded amount for payday loans or installment loans depends on qualification criteria and state law. See Rates and Terms for details. Utah Customers: For consumer questions or complaints regarding payday loans and/or title loans you may contact our Customer Service Department toll-free at (866) 258-4672. You may also contact our regulator The Utah Department of Financial Institutions at (801) 538-8830. In California, CheckCity.com is licensed by the California Department of Financial Protection and Innovation pursuant to the California Deferred Deposit Transaction Law, Cal. Fin. Code D. 10.

Please see Rates and Terms to check the availability of online loans in your state. Check City does not provide loan services in all states.

© 2004-2023 Check City Online. All rights reserved