So you need money today, but your bank account has seen better days. Perhaps you have an emergency you need to take care of, but the money to do so is nowhere to be found. In both of these situations a cash advance may be just what the financial doctor ordered – a way to get the cash you want today without going through the hassle of dealing with banks and credit card companies.
Cash advances typically come in two flavors: You can get a cash advance that you will pay back at a certain period in the future, with a nominal interest charge; or you can get a cash advance against a tangible asset that you own – say an insurance policy or annuity. Either way, you are getting the money you need today instead of having to wait for weeks (or years) down the road to get it. After all, what good does a $10,000 annuity do you five years from now when you need to get your car fixed today?
There are a number of cash advance organizations out there who will work with you to find the solution that is best for you. Typically, many people utilize the services of a cash advance organization that works much like a bank (without all the hassle): You fill out a small...