When you find yourself in a financial emergency, a payday loan can be the lifesaver you need to keep your head above water. Like everything else in the modern world, payday lending has moved to the internet, leaving many to wonder whether they should visit their local lender's office or try a company based online. While both offline and online payday loans have their advantages, there are several points you should consider before making a decision.

In-Person Payday Loans

When you apply for a payday loan in person, you have the option of going with an established company with a reputation for treating their customers fairly. Many lenders have been serving their communities for years, giving you peace of mind you may not get over the web. They will also take the time to explain the fees so you fully understand your obligations and will often work with you if you can't pay the complete balance back on time. Most storefront lenders can get you approved immediately so you can walk out with the cash you need.

Online Lenders

Online payday lenders offer convenience, allowing you to apply 24/7 even if you have a less-than-perfect credit history. You also don’t have to wait to get your loan. Once you’re approved — which usually happens within one business day — the money will transfer right to your bank account; you don’t even have to go to a bank or an office to pick it up. Getting a payday loan online is also safe, as these companies are committed to keeping your data secure and have the latest encryption technology to do so.

Advance U Cash is committed to giving northern Kentucky residents financial assistance when they need it the most, with flexible payment options and affordable rates. Visit one of their locations in Florence, Newport, or Alexandria to get started. For your convenience, they also have payday loan applications available on their website.