If you need 300 dollars, we may be able to help you get a cash advance. Get your fast offer in just a matter of minutes. Why not get started now?
So What Is A $300 Cash Advance?
A cash advance loan is a short term loan designed to get you through an immediate emergency. Because it is a small dollar loan, it is paid back fast, typically when you get your next paycheck. It may also be called a 300 dollar payday loan for that reason.
To apply for your loan, simply fill in the quote form located at the top of the page. Enter some basic information and then get an offer from a lender. We are not lenders but instead get you access to a large source of internet lenders. That can make it easier for you to get an approval from one of them.
If approved for a loan, your lender will deposit the money you desperately need directly into your bank account, so you can handle your emergency. It couldn’t be easier.
Good & Bad On Cash Advances
Like all loans, there are good things and bad things about cash advances. Take a look at a few of these before you commit.
The best thing about a cash advance is that it is easy to get approved for. Even if you have bad credit, if you have a job and checking account, you are likely to get an approved offer.
In addition, these loans fund rather quickly. If you need 300 dollars for an emergency, this is important because time is likely an issue. Most advances are deposited directly into your bank account as soon as the next banking business day.
Finally, you have the short application process. It takes just a few minutes to get an offer for the money that you need and there is minimal paperwork. Nobody likes filling out long forms.
The biggest problem with a cash advance is the fee involved. These are high risk $300 bad credit loans and lenders charge accordingly. On a 300 dollar cash advance, your fee might be somewhere around 60 to 90 dollars. That means if you borrow $300, you might be paying back $390.
While the fees above might not sound bad to you, if you look at them as an APR, they look worse. Because most loans are for less than 2 weeks, the actual APR is likely well over 400 percent.
The other drawback to a cash advance is the loan term itself. You have to pay all of the money back, with fees, on your next payday. That can make paying your bills with your next check much more difficult.
Deciding On Your Loan Offer
Just because you get an offer does not mean that you need to accept it. Make sure to consider whether the loan is the best choice for you and your situation. Do this before you commit.
One thing to think about is if you can afford to make the payment. Are you just going to find yourself in a worst position next time you get paid? You might be just as broke but with a loan to pay back.
Also, think about whether you really need the money. Cash advances should only be used for an emergency and if this is not a true emergency, maybe you should just pass on the loan.
Making Your Cash Advance Payment
If you decided to accept a 300 dollar cash advance, you need to give thought to what will happen the next time you get paid.
Hopefully, you will have enough money to pay back your loan and still be able to live. If not, you should start getting prepared now so that you can handle the challenge when it happens. Here are some ways to start getting ready to pay back your $300.
- Cut expenses.
Things like cable, satellite and gym memberships should be put on hold. Call creditors and ask to skip payments and try to trim as many non crucial expenses as you can.
- Earn some money.
You may have 2 weeks until that loan is due. Starting to earn some money now could help you make ends meet after the payment is made. Look for a part time job that pays weekly like food delivery or retail.
- Sell some property.
You probably have some things that you can sell to help you get by. Most of us have old CDs, cell phones or even furniture that we do not need. Sell it now to help account for that loan.