Latest news with #cashadvance
Yahoo
3 days ago
- Business
- Yahoo
Bad Credit Cash Advance US: A Look at Options for 2025
A 2025 Guide to Bad Credit Cash Advances Available Through Honest Loans Dallas, June 24, 2025 (GLOBE NEWSWIRE) -- Are you struggling to make ends meet and in need of fast cash? If you have bad credit, it can be challenging to find a lender willing to work with you. But don't worry; we have some excellent news for you! Our team has scoured the US market to find the top lenders offering bad credit cash advance options. These cash advances can provide the financial relief you need to cover unexpected expenses or bridge the gap between paychecks. Bad Credit Cash Advance Lenders in the US – Low-interest cash advances. With just a tap, you can effortlessly select the company that best fits your requirements and secure the bad credit cash advance you need to manage unexpected expenses or bridge the gap until your next paycheck. Honest Loans: Low-interest cash advances If you are facing a cash crisis due to bad credit and a cash advance is your only way out, Honest Loans is the ideal fix for your situation. Honest Loans is best known for its accommodative lending rates and flexible borrowing limits between $100 and $50,000. With this range, you can rest assured that your immediate financial distress will be solved. Getting a bad credit cash advance from Honest Loans is a good option, as you will get to relish the following benefits: Fast decisions. Variety of lending options. Prioritized safety and privacy. Fast approvals. Convenient applications. Low-interest rates. Fast deposits. Honest Loans is a reliable broker whom you can count on to extend a cash advance in times of financial turmoil, regardless of your credit history. What Is a Cash Advance? A cash advance is a short-term loan extended to individuals in small amounts. Credit card companies usually provide these loans, allowing borrowers to borrow against their borrowing capacity. Cash advances are also given out by other lenders and can be used to meet short-term expenses and emergencies if any arise. They are a quick solution to filling in unexpected financial gaps in terms of liquidity or availability of funds. Types of Cash Advances There are multiple categories of cash advances available. They are: Payday loan cash advances – Payday loan cash advances are short-term loans that you take to repay on your next payday. It is often used to cover unexpected expenses or bills and is usually based on your income and credit score. Creditcard cash advances – Credit card cash advances allows you to withdraw cash from an ATM or bank using a credit card. The amount advanced is usually capped to a certain percentage of the credit card's credit limit. Merchant cash advances – In merchant cash advances, a business sells a portion of its future credit and debit card sales to a lender in exchange for a lump sum of cash. The lender takes a percentage of each sale until the loan is repaid. Merchant cash advances are a good option for businesses that have consistent credit and debit card sales but may not qualify for traditional loans. How to Apply for A Bad Credit Cash Advance Unlike other loans, cash advances are relatively easy to apply, and in this case, thorough credit checks are not necessary. With the wide internet connection available, applying for a cash advance has been made way much easier as you do not have to do any paperwork or make long queues. The following are the steps to applying for a cash advance: Pick a lender from the suggested list of cash advance providers. Provide the necessary information by filling out the application form. Wait for the system to verify and assess your application. Receive notification of your application approval from the lender. Obtain the approved cash advance amount directly to your bank account. Whether you are an experienced borrower or this is your first time applying for a cash advance, you can be sure that you will not get stuck while making an application. The process is easy to follow, and the interfaces are streamlined to ensure an effortless user experience. Qualifications for Cash Advances When applying for a cash advance, specific eligibility criteria must be met before you qualify. Those qualifications are: US citizenship or permanent residency. A minimum age of 18. A verifiable income source. An active bank account. Functional contact details such as phone or email. Meeting the above criteria is crucial for you to be viable for a cash advance. However, many applicants satisfy the above requirements, and for that reason, cash advances have a high approval rate. Cash Advances vs Other Loan Types The following are some of the features of cash advances that make them stand out from the other loan types: Short-term – Cash advances are short-term loans with flexible repayment periods that can be discussed between the lender and borrower. Other loans, such as personal loans, car loans, and mortgages, have longer repayment periods. Normally, the repayment periods cannot be renegotiated. High interest rates – Cash advances often have higher interest rates compared to other types of loans. This is attributed to the fact that they are unsecured, meaning they are not backed by any collateral and, as a result, carry a higher risk. Smaller loan amounts – Cash advances typically offer smaller loan amounts compared to other types of loans. This is owed to the fact they are designed to provide immediate cash for emergencies or unexpected expenses. Other loan types, on the other hand, are mostly used to make large purchases or make costly investments. Different eligibility requirements – Cash advances have different eligibility requirements compared to other loans on account of being based on income and employment history rather than credit score and collateral. Quick approval and disbursement – Cash advances are designed to provide you with quick access to funds and, therefore, a quicker approval and disbursement process thanks to little to no checks and the absence of tedious paperwork. In contrast, other loan types may take longer to approve and disburse, considering that extensive checks are a necessity. Pros and Cons Pros Fast access to cash – Cash advances provide quick access to funds when you need them without having to wait for lengthy approval processes. Credit is not a significant factor for approval – Cash advances can be granted to you even if you have bad credit as FICO scores are rarely used as a factor. No paperwork is required – Cash advances are convenient to apply as all the processes are done online. No collateral is needed: Cash advances are unsecured and as such, they are less risky if you don't want to put up your assets as collateral. They do not affect your credit report – Cash advances are not reported on your credit file so they do not have an impact on your credit score. They are an easy and quick solution for emergencies – Cash advances provide a quick solution to financial emergencies and unforeseen expenses without the hassle of a long approval process or paperwork. Cons Relatively high interest rates – Cash advances have relatively higher interest rates compared to their alternatives, making them a more expensive form of borrowing. Looming debt cycle – If you are unable to pay off your cash advance quickly, you may find yourself in a cycle of debt, with high-interest charges piling up and making it difficult to repay. Conclusion In conclusion, cash advances provide you with much-needed financial relief when things like bad credit impede getting financial aid in times of crisis. Still, they should be used responsibly and as a last resort. By doing so, you can avoid the pitfalls of cash advances and use them as a tool to manage unexpected expenses effectively rather than as a means to finance a lifestyle. When making cash advance applications, it is vital that you read the terms and conditions carefully and understand the fees, interest rates, and policies in place. This will help you formulate a plan to pay back the loan promptly. Frequently Asked QuestionsYou can apply for a cash advance through various methods depending on the type of cash advance you want. For a payday loan cash advance, you can apply online or in-store. For a credit card cash advance, you can withdraw money at an ATM or request a cash advance through your credit card issuer's website or customer care service hotline. You can apply for a merchant cash advance through a merchant cash advance you can still get a cash advance even if you have bad credit. Your credit score is not the primary factor determining your approval for a cash advances come with several fees, such as interest charges, transaction fees, and ATM fees for credit card cash advances. However, it is important to read the terms and conditions in the agreement carefully to understand all the fees associated with your particular cash cash advances can be used for any purpose, they are intended for short-term use only. Using them to cover everyday expenses can quickly lead to a cycle of debt and financial repayment terms for cash advances vary depending on the type of advance and the lender's policies. Generally, payday loans are due on your next payday, while credit card cash advances have a payment due date that coincides with your credit card billing cycle. Merchant cash advances, on the other hand, have a set percentage of your daily credit card sales that are used to repay the advance until the balance is paid in full. Company: Honest Loans Phone: 888-718-9134 Email: support@ Legal Disclaimer & Affiliate Disclosure The information provided in this article is for general informational and educational purposes only and is not intended as financial advice, legal advice, or a substitute for professional consultation. Neither the author nor the publisher makes any guarantees regarding the accuracy, reliability, timeliness, or completeness of the content. While efforts are made to keep the information current and accurate, no representations or warranties are made as to the validity of any statements, claims, or financial offers described herein. Loan terms, rates, approval criteria, and qualifications may vary by provider, and applicants are strongly advised to consult directly with the individual lending companies mentioned to verify all conditions, disclosures, and legal obligations before proceeding. The availability and suitability of financial products may differ based on jurisdiction and are subject to change without notice. This article may contain links that lead to third-party websites or services. These may include affiliate links, meaning that the publisher may earn a commission if a purchase or application is made through such links, at no additional cost to the reader. The inclusion of such links does not imply any endorsement, guarantee, or responsibility for the content or offerings of third-party sites. Readers are encouraged to perform their own due diligence before engaging with any external entities. All company names, logos, trademarks, or registered trademarks mentioned are the property of their respective owners and are used strictly for identification purposes. No direct relationship or partnership should be inferred between any mentioned companies and the publisher of this content. This content is provided 'as is' without warranty of any kind. To the fullest extent permissible under applicable law, the publisher and all syndication partners, contributors, and distributors disclaim all liability for any errors, omissions, or inaccuracies that may be contained in this article, whether arising from negligence or any other cause, and shall not be held liable for any losses, damages, or consequences resulting from reliance on any information presented herein. Use of this article and any reliance on the content is strictly at the reader's own risk. CONTACT: Company: Honest Loans Phone: 888-718-9134 Email: support@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
17-06-2025
- Business
- Yahoo
Aptose Provides Corporate Updates
Announces short-term cash advance SAN DIEGO and TORONTO, June 17, 2025 (GLOBE NEWSWIRE) -- Aptose Biosciences Inc. ('Aptose' or the 'Company') (TSX: APS; OTC: APTOF), a clinical-stage precision oncology company, announced today that the Company has secured a short-term cash advance from Dr. William G. Rice, the Company's Chairman of the Board, President and Chief Executive Officer (the 'Advance'), to support near-term obligations, including payroll, and to enable continued advancement of its clinical-stage oral kinase inhibitor, tuspetinib, while it engages in ongoing negotiations with prospective funding partners. The Advance is non-interest bearing and the Company may repay the Advance in whole or in part with no penalty at any time and from time to time. The Advance is unsecured, and no securities will be issued in connection with the Advance. The Advance constitutes a 'related-party transaction' within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ('MI 61-101') as Dr. Rice is a related party of the Company under Canadian securities laws. However, the Company is relying on the exemptions from the formal valuation and minority shareholder approval requirements contained in MI 61-101. Despite this advance, if Aptose does not receive additional funding in the coming days, the Corporation does not expect to have sufficient financial resources to fund planned Company operation and will have certain alternatives that could include insolvency Aptose announced that effective June 16, 2025, Ms. Carol Ashe has resigned as a director of the Company. The Company wishes to thank Ms. Ashe for her valuable contributions during her tenure as an Aptose board member and wishes her every success in her future endeavors. About Aptose Aptose Biosciences is a clinical-stage biotechnology company committed to developing precision medicines addressing unmet medical needs in oncology, with an initial focus on hematology. The Company's lead clinical-stage, oral kinase inhibitor tuspetinib (TUS) has demonstrated activity as a monotherapy and in combination therapy in patients with relapsed or refractory acute myeloid leukemia (AML) and is being developed as a frontline triplet therapy in newly diagnosed AML. For more information, please visit Forward Looking Statements This press release may contain forward-looking statements within the meaning of Canadian and U.S. securities laws, including, but not limited to, statements relating to the terms of the Advance, including the purpose of the Advance, expectations with respect to the repayment of the Advance, as well as statements relating to the Company's plans, objectives, expectations and intentions and other statements including words such as 'continue', 'expect', 'intend', 'will', 'should', 'would', 'may', and other similar expressions. Such statements reflect our current views with respect to future events and are subject to risks and uncertainties and are necessarily based upon a number of estimates and assumptions that, while considered reasonable by us are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. These risks and uncertainties include, among others: our ability to obtain the capital required for research and operations and to continue as a going concern; the inherent risks in early stage drug development including demonstrating efficacy; development time/cost and the regulatory approval process; the progress of our clinical trials; our ability to find and enter into agreements with potential partners; our ability to attract and retain key personnel; changing market conditions; inability of new manufacturers to produce acceptable batches of GMP in sufficient quantities; unexpected manufacturing defects; and other risks detailed from time-to-time in our ongoing quarterly filings, annual information forms, annual reports and annual filings with Canadian securities regulators and the United States Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should the assumptions set out in the section entitled 'Risk Factors' in our filings with Canadian securities regulators and the United States Securities and Exchange Commission underlying those forward-looking statements prove incorrect, actual results may vary materially from those described herein. These forward-looking statements are made as of the date of this press release and we do not intend, and do not assume any obligation, to update these forward-looking statements, except as required by law. We cannot assure you that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Investors are cautioned that forward-looking statements are not guarantees of future performance and accordingly investors are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty therein. For further information, please contact Aptose Biosciences PietropaoloCorporate Communications & Investor Relations201-923-2049spietropaolo@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CBS News
16-06-2025
- Business
- CBS News
What happens if you can't pay back a cash advance app?
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. A cash advance could cost a lot more than you bargained for if you can't repay what's owed. Getty Images In today's tight financial climate, it's not uncommon to come up short between paychecks. Inflation may have eased somewhat, but the cost of living is still high, and for many, that means turning to cash advance apps that let you borrow money over the shorter term to bridge the gap. These apps can be appealing because they promise fast, hassle-free access to money without the high fees of traditional payday loans. But what happens if you hit a financial snag and can't repay the money on time? It's a more common problem than you might think. After all, many cash advance app users rely on this type of borrowing not just every once in a while, but regularly, to stay afloat while covering things like groceries, housing costs and other basic living necessities, according to recent data. But when one financial emergency leads to another, what started as a small advance can quickly turn into a source of stress. And, despite their user-friendly marketing, cash advance apps can still have serious consequences if you fall behind on your payments. But what really happens in these cases, and what you can do if you're stuck? Find out how to get help with your debt problems now. What happens if you can't pay back a cash advance app? Cash advance apps generally connect directly to your bank account and automatically withdraw repayment on your next payday. If there aren't enough funds in your account when they try to collect, a few things can happen — and none of them are great. Your bank account might get overdrawn. Even though many apps promise "no overdraft fees," that doesn't always hold true. If your account has insufficient funds when the app tries to pull the repayment, your bank might charge you a fee. And if the app attempts multiple withdrawals, you could get hit with multiple fees, quickly compounding the problem. You could lose access to the app. If your repayment fails, many apps will suspend your access to further advances until your balance is repaid. For people who rely on these apps for short-term survival, losing access can make a bad situation worse. It might be sent to collections. While cash advance apps typically don't report to credit bureaus, they may eventually send your unpaid balance to a collection agency. That collection activity could damage your credit indirectly if it escalates, and it can lead to repeated calls or messages from debt collectors. Your app may try to withdraw the money again — repeatedly. Some users report that apps will attempt to withdraw funds multiple times, even in small increments, to recover what's owed. That can drain a low-balance account or cause further overdraft fees if your bank allows the transactions to go through. You might be subject to legal action (although it's rare). In most cases, the amount borrowed through these apps is small, and the apps won't take legal action. But if your balance gets passed to a collections firm, there's always a chance that a lawsuit could eventually follow, especially if the amount owed grows due to fees or multiple failed payments. Chat with a debt relief expert about getting your finances back on track. What to do if you can't repay a cash advance If you've taken out a cash advance and know you can't repay it on time, it's important to act quickly, before the app takes automatic action. Here's what to do: Pause the auto-repayment (if possible). Some apps allow you to delay or reschedule your repayment, especially if you notify them in advance. While not all platforms offer this option, it's worth checking the app settings or reaching out to customer support. Contact the app's customer service. Be proactive and transparent. Let them know your situation and ask if there's a way to delay the withdrawal or repay in installments. You may be able to avoid a collections referral if you communicate early. Unlink your bank account — carefully. If repeated withdrawals are overdrawing your account, some users consider unlinking or changing bank accounts to stop the drain, though this could be a violation of the app's terms of service. Just know that doing this doesn't erase the debt, and the app may still pursue collection. Create a repayment plan. Once your financial situation stabilizes, prioritize repaying the balance. Even if the amount is small, leaving it unpaid could make it harder to use similar services in the future, and if the debt is sold to collections, it could snowball. Look into alternative assistance. If you're consistently short on cash, consider more sustainable support options, like talking to a credit counselor or taking advantage of a debt relief solution you qualify for. Apps can be helpful in a pinch, but they're not a long-term solution, and if compounding debt is adding to the financial issues you're facing, it's important to find a solution before things get worse. The bottom line Cash advance apps are designed to make borrowing easy, but in some cases, they may be making it too easy. And, if repayment becomes a problem, these apps aren't always as forgiving as they appear. From overdraft fees to account freezes and possible collections, the fallout can be stressful. If you're in a tight spot and can't repay an advance, communication is key. Reach out to the app, explore your options and consider stepping back to assess whether these services are helping or hurting your financial stability in the long run.
