Check advances are small, short-term loans that don’t require any security other than your next paycheck. For this reason, they’re also referred to as payday loans. In the best case scenario, check advances are meant to be paid back in full as soon as you receive your next paycheck. They usually involve the borrower writing a post-dated check to the loan company after receiving their loan; then, on the day the loan is due, the lender will cash the check. If you need reprieve from a temporary financial situation, a check advance could be just what you need to get back on your feet.

When Would I Need a Check Advance?

These small loans are usually intended for unexpected or emergency short-term expenses. They are best-suited for situations in which you will eventually have the money but not yet. In other words, they’re good solutions if you know you can pay them back right away. However, in some cases, you might be eligible for an extended payment plan, although each state has different requirements.

How Can I Get a Payday Loan?

If you need to apply for a check advance, you will need to pay a small upfront fee; however, there will be no hidden charges or interest on your loan, provided you pay it back on time. Every payday loan company is different, but, for the most part, to apply for one, you will need to provide proof of income and identity and, if you’re getting your funds electronically deposited, have an active checking account.

If you’ve run into a tight spot and need fast cash, First Check Cash Advance can help you out. The Chillicothe, OH-based loan company helps residents pay off emergency bills and expenses with no hassle. For questions about check advances and other services, give them a call at (740) 779-9093. More information about their services is available on their website.