Cash advance with a new job?
Megan L asked:
I just need a little bit of cash (no more than $150) to get me through the next couple of weeks. I just started a new job and I probably won't get my first paycheck for a while. Would it be possible to go through one of those pay day loans / cash advance deals and would it be a good idea? I don't think my credit is very good thanks to my mother never paying my student credit card on time. Thanks for your help!
Those might work. You could also try your employer for an advance, but it might not look good. Nevertheless, people do it. Either option will cost you a percentage of the amount.
The interest from a pay day loan is atrocious. Definitely a last resort. For an amount that small, I would try a close friend or a relative. And then pay it back the very first thing. Asking a new employer about an advance is probably going to raise a bunch of warning flags on their part unless the new employer is related to you (as in your uncle or aunt, etc.).
Perhaps your mother who's tardy paying your credit cards on time could help out as well. You could also try a site like
but I'm not sure if you're below their minimum amount. What's you're going to want to do when you start your new job is to set aside money for times like this in your future.
You certainly could apply for a cash advance. The charges to you aren't good, if you need $150 it will cost you around $180.
As long as you don't plan to use them all the time, cause they are good, but only in emergencies.
You can find a few good companies at
for small money payday loan may be good idea (paydayloans havent good interest)
I found interesting information about your answer payday-loans here. luck!
do not go to a payday lender — unless you want to pay back about 1000 for the loan === look you can live on very little for the next two weeks == and if you seem to working out on the job you might be able to get a pay advance from you boss if you ask nice and do not expect the world!!!
Sure you can, if you want to be ripped off….
The fees on those PAD loan places equates to better than 75% APR on a conventional loan….