If unexpected expenses have you struggling to make ends meet before your paycheck arrives, applying for a short-term loan is a fast and easy solution. As you’re searching for quick loan lenders for a payday advance, Advance U Cash in Florence, Newport and Alexandria, KY, recommends familiarizing yourself with the basics of this type of loan. 

Before signing any paperwork for a short-term loan, ensure you’re making the right decision by looking over these key aspects of the agreement:

• Documentation: To receive a short-term loan, you need to gather some documentation before beginning the application process. Advance U Cash requires a form of identification, documentation of income, and a bank statement detailing account activity for 30 days. Once you’ve collected these documents, the staff will review them.
• Special Offers: Depending on what lender you choose for a short-term loan, they may offer you a deal. For example, Advance U Cash gives their first-time customers a chance to receive an interest-free loan with a flexible repayment schedule. Ask about these promotions before settling on a lender.
• Repayment: As with any loan, it’s important to review all repayment information once you’re approved for the money. This paperwork tells you exactly how much interest your loan will accrue over time, as well as the exact date when the total amount is due in full. A reliable lender will go over all the information with you before they give you the money.

Know what your short-term loan agreement states so you can meet the repayment deadlines and understand the conditions. To learn more about your options with Advance U Cash, call (859) 746-2274. Visit them online for a complete list of services, including payday advances, quick cash loans, short-term loans, and check cashing.