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Sep 28, 2017 - 34 minute read

How does cash advance fees work

If you cant get an advance from your boss, you can do the same thing through an app called Activehours. You just send in a picture of your time sheet to show how many hours youve worked. The company deposits your pay for those hours into your bank account, up to a maximum of 100 per day.

Then when your paycheck comes in, Activehours takes the money its already paid you directly out of your account. On the face of it, this looks a lot like a payday loan. Youre still getting a lump sum that you have to pay back all at once, automatically. The big difference is that, with Activehours, you dont have to pay how does cash advance fees work huge fee or any fee at all.

How does cash advance fees work

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How does cash advance fees work

There are exceptions of course. It all depends on each individual lender. When you request a larger loan, lenders may check your credit with three major credit reporting databases.

When you request a payday loan, you must be aware that a credit check may be involved. No Credit or Bad Credit OK. If you have no credit at all, there is nothing for a lender to check, except for your employment income or any income you receive.

No credit does not disqualify you from getting a loan. Personal loans utah credit may or may not be a problem. It depends on a lenders decision.

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